Solazyme Announces Transition Of Dr. Harrison Dillon, Co-Founder And President To Strategic Advisor Role

Solazyme, Inc. (NASDAQ: SZYM), a renewable oil and bioproducts company, announced today that Harrison Dillon, Ph.D., the company’s co-founder and President, has decided to step down from his full-time position and shift to a long-term consulting role focused on further developing the breadth of the technology platform and advising on intellectual property strategy.

“The experience of starting a company -- taking an idea, developing a technology and building a team to commercialize it -- has vastly exceeded my expectations. It has also been intense and incredibly focused. I wouldn’t trade the experience for anything, but I am looking forward now to spending more time with my family and recharging,” said Dr. Dillon.

“Harrison’s drive and integrity as well as his scientific creativity and legal skills were key in the formation and development of Solazyme. We are grateful to him for his leadership over the past 10 years, and I am personally grateful to Harrison for his friendship since our earliest days in college. Harrison will continue on this journey with Solazyme as an advisor, consultant, shareholder and friend as we commercialize this technology platform globally,” said Jonathan Wolfson, CEO of Solazyme.

“We have just scratched the surface of what Solazyme’s technology platform will mean to the world. While I am looking forward to a change of pace, I remain committed to helping Solazyme achieve its goals and I am supremely confident in the team running the company,” said Dr. Dillon. As part of his transition, Dr. Dillon has also stepped down from the company’s Board of Directors.

About Solazyme, Inc.

Solazyme, Inc. (SZYM) is a renewable oil and bioproducts company that transforms a range of low-cost plant-based sugars into high-value oils and food ingredients. Headquartered in South San Francisco, Solazyme's renewable products can replace or enhance oils derived from the world's three existing sources — petroleum, plants and animal fats. Initially, Solazyme is focused on commercializing its products into three target markets: (1) chemicals and fuels, (2) nutrition and (3) skin and personal care.

Solazyme®, the Solazyme logo and other trademarks or service names are trademarks of Solazyme, Inc.

Copyright Business Wire 2010

If you liked this article you might like

Solazyme (SZYM) Highlighted As Weak On High Volume

Solazyme (SZYM) Highlighted As Weak On High Volume

Solazyme (SZYM) Weak On High Volume Today

Solazyme (SZYM) Weak On High Volume Today

Here’s Why TerraVia (SZYM) Stock is Surging Today

Here’s Why TerraVia (SZYM) Stock is Surging Today

Insider Trading Alert - CPTA, SZYM And HAR Traded By Insiders

Insider Trading Alert - CPTA, SZYM And HAR Traded By Insiders

Insider Trading Alert - GNCMA, CSU And SZYM Traded By Insiders

Insider Trading Alert - GNCMA, CSU And SZYM Traded By Insiders