EMERYVILLE, Calif., Nov. 15, 2013 (GLOBE NEWSWIRE) -- Amyris, Inc. (Nasdaq:AMRS), a leading renewable chemicals and fuels company, today announced that Paulo Diniz, currently President of Amyris Brasil, will become Amyris's Chief Financial Officer (CFO) on an interim basis following the decision of its current CFO, Steve Mills, to step down for personal reasons. Mr. Diniz will assume the new responsibilities by December 15, 2013, at which time Mr. Mills will transition to an advisory role with the Company. Amyris has begun an executive search to evaluate potential internal and external candidates to permanently fill the position.
" Paulo's proven track record as a CFO for leading companies and his executive leadership as we financed, built, commissioned and now operate our first production facility in Brazil are just some of the strong credentials for his appointment and as we prepare to enter a promising year for Amyris," said John Melo, President & Chief Executive Officer of Amyris.
" Over the last two years, Steve has helped guide us through a difficult restructuring, and has set us on stronger financial footing and a stable growth platform. Steve has built a strong finance and accounting team and established a robust financial discipline within our company. We wish him well as he returns to the Midwest, and the board and I look forward to his continuing counsel," Melo added." I am more confident today about Amyris's bright future than ever before, from its inspired science to its breakthrough renewable products. I look forward to continuing to support Amyris through my advisory role, and know Paulo is a eminently prepared for this new stage in Amyris's progress as is the team we have built in California and Brazil," said Mr. Mills. Mr. Diniz will become Amyris's Chief Financial Officer upon Mr. Mills' resignation. He joined Amyris as President of the Company's Brazilian subsidiary in early 2011, following a successful career as, among other things, the CFO of two agribusiness leaders: Bunge Brasil and Cosan. At Cosan, Mr. Diniz led the successful transformation of Cosan into Brazil's largest sugar and biofuel producer, including its initial public offering and multiple acquisitions that paved the way for Raizen, Cosan's fuels joint venture in Brazil with Shell.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV