MONTREAL, US: BioAmber Inc said that it has entered into a mutual separation agreement with Mario Saucier, in connection with his departure from his role of chief financial officer (CFO).
BioAmber intends to initiate a search for a replacement CFO and until such time, Raymond Land, the current chairman of the board, has been appointed as the company's interim chief financial officer effective.
Land has served on BioAmber's board since 2011. Prior to his retirement, he served as senior VP and CFO of Clarient Inc, a cancer diagnostics company, Sr VP and CFO of Safeguard Scientifics Inc, a venture capital firm.
Read More: BioAmber CFO resigns; current chairman of board named interim CFO
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