Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Novomer Set to Continue Strong Momentum with New CEO and Corporate Headquarters in Massachusetts

Abstract:
Former Surface Logix CEO, Jim Mahoney, Joins to Spearhead Growth

Novomer Set to Continue Strong Momentum with New CEO and Corporate Headquarters in Massachusetts

Boston, MA | Posted on October 21st, 2008

Novomer Inc., a materials company pioneering a family of high-performance, biodegradable plastics, polymers and other chemicals from renewable substances, today announced the appointment of Jim Mahoney as its new chief executive officer and the relocation of company headquarters from Ithaca, N.Y. to Boston, Mass. Today the company also announced the appointment of industry veteran Peter Shepard as vice president of business development.

Mahoney brings a strong track record of driving new innovations in chemistry into high growth markets - having most recently served as the CEO of Surface Logix. In his tenure at Surface Logix, he raised over $60 million and led the transformation of Surface Logix from a chemistry platform to a small molecule drug discovery and development company with two internally generated programs having completed several successful Phase II clinical trials.

Novomer President Charles Hamilton said, "Jim joins the company at a key time, bringing proven leadership in technology commercialization that will help Novomer accelerate its rapid growth and move to the next level."

Mahoney commented, "The demand for alternative materials is set to explode, based on the need to reduce environmental impact and cut costs while vastly improving performance. Novomer is incredibly well-positioned to lead the market based on the innovations of Dr. Coates and his team. I commend the success that Charles and the company have achieved to date, and very much look forward to maximizing our opportunity moving forward."

The new Boston office will host the company's business development and marketing teams. Novomer will continue to grow its research and development expertise in Ithaca, close to the core development team that first brought the innovations to market.

Mahoney brings more than 20 years of executive experience at various biotechnology, healthcare and specialty chemicals companies to his new position. In addition to his tenure at Surface Logix, he previously held senior executive positions at Dade Behring Inc, Baxter International, and FMC Corporation. Mahoney has an MBA degree from Northwestern University's J.L. Kellogg School of Management, an MMA degree in international economics from the University of Southern California and a BS degree from the University of Massachusetts, Amherst.

For more information or to arrange an interview with Jim Mahoney, please contact Meghan Locke at CHEN PR ( , 781-672-3147).

####

About Novomer Inc.
Novomer Inc. is a revolutionary new materials company pioneering a family of low-cost, high-performance, green plastics, polymers and other chemicals. Founded in 2004 by technology commercialization firm KensaGroup, Dr. Geoffrey Coates and Dr. Scott Allen, the company is based on pioneering catalysts developed at Cornell University. Novomer’s groundbreaking technology allows carbon dioxide and other renewable materials to be cost-effectively transformed into polymers, plastics and other chemicals for a wide variety of industrial markets. The company is partnered with equity investors DSM Venturing, Flagship Ventures, and Physic Ventures, and has received support from the Department of Energy and the National Science Foundation.

For more information, please click here

Contacts:
CHEN PR, Inc.
Meghan Locke
781-672-3147

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Experiment and theory unite at last in debate over microbial nanowires: New model and experiments settle debate over metallic-like conductivity of microbial nanowires in bacterium March 4th, 2015

Magnetic vortices in nanodisks reveal information: Researchers from Dresden and Jülich use microwaves to read out information from smallest storage devices March 4th, 2015

CiQUS researchers obtain high-quality perovskites over large areas by a chemical method March 4th, 2015

Arrowhead to Present at 2015 Barclays Global Healthcare Conference March 4th, 2015

Materials/Metamaterials

The taming of magnetic vortices: Unified theory for skyrmion-materials March 3rd, 2015

Breakthrough in OLED technology March 2nd, 2015

Moving molecule writes letters: Caging of molecules allows investigation of equilibrium thermodynamics February 27th, 2015

Graphene shows potential as novel anti-cancer therapeutic strategy: University of Manchester scientists have used graphene to target and neutralise cancer stem cells while not harming other cells February 26th, 2015

Announcements

Experiment and theory unite at last in debate over microbial nanowires: New model and experiments settle debate over metallic-like conductivity of microbial nanowires in bacterium March 4th, 2015

Magnetic vortices in nanodisks reveal information: Researchers from Dresden and Jülich use microwaves to read out information from smallest storage devices March 4th, 2015

CiQUS researchers obtain high-quality perovskites over large areas by a chemical method March 4th, 2015

Arrowhead to Present at 2015 Barclays Global Healthcare Conference March 4th, 2015

Appointments/Promotions/New hires/Resignations/Deaths

KIT Increases Commitment in Asia: DAAD Funds Two New Projects: Strategic Partnerships with Chinese Universities and Communi-cation Technologies Network February 22nd, 2015

SouthWest Nanotechnologies CEO Dave Arthur Appointed to the Board of Affiliates of Rice University Professional Science Master’s Program February 13th, 2015

Nexeon Board Changes Announced January 29th, 2015

Rice's Naomi Halas to direct Smalley Institute: Optics pioneer will lead Rice's multidisciplinary science institute January 15th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE