Martek Adds D'Andrea to Board

He's co-founder and partner at Valhalla Partners.
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Martek Biosciences

(MATK)

, a maker of nutritional oils and supplements, said Monday that Harry J. D'Andrea was elected to its board of directors.

D'Andrea's role on the board will include membership on the board's audit committee, the Columbia, Md.-based company said.

D'Andrea is a co-founder and partner at Valhalla Partners, a Virginia-based venture capital firm that manages over $440 million in capital and invests primarily in technology companies, it added.

"We are pleased to welcome Harry D'Andrea to Martek's board," the company said. "Harry's leadership and financial experience with publicly-held technology companies will serve Martek well."

The company's shares were trading down 67 cents, or 2.5%, at $25.93 Monday.

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