Calyxt Names Biotech Veteran and Board of Directors
Member Dr. Yves J. Ribeill as Interim CEO
Calyxt to host conference call on Wednesday, August 22, 2018
at 8:30 a.m. ET 7:30 a.m. CT
Minneapolis-St. Paul, Minn. and New York, NY, August 22, 2018 Calyxt, Inc. (NASDAQ: CLXT) and Cellectis S.A. (NASDAQ: CLLS EURONEXT GROWTH: ALCLS) announced today its Board of Directors has appointed Yves Ribeill, Ph.D., as Interim Chief Executive Officer, effective immediately. Dr. Ribeill replaces Federico Tripodi, who is leaving the Company to pursue other opportunities. Currently a member of Calyxts Board of Directors, Dr. Ribeill will work closely with the executive management team to promote the development of the Companys products to benefit consumers, including the commercial launch of Calyxts high-oleic soybean oil.
In addition, the Board of Directors of Calyxt appointed Jonathan Fassberg, founder of the Trout Group and currently Co-Chief Executive Officer of Solebury Trout, as a member of the Board of Directors and a member of the Audit Committee.
Given Yves extensive prior experience in healthcare, coupled with his strategic abilities, business development experience and broad network, the Board is confident he will bring the right combination of skills necessary to succeed during this pivotal period for Calyxt, said Dr. André Choulika, Chairman of Calyxts Board of Directors. The Company is making significant strides to develop healthy food products for consumers, and we expect Dr. Ribeill to solidify Calyxts position as a leader in the field. Dr. Choulika added, the Company would like to thank Mr. Tripodi for his service as CEO and wishes him the very best in his future endeavors.
Healthy eating and healthy living go hand-in-hand, added Dr. Ribeill. I strongly believe that Calyxt will play a vital role in keeping people healthy across the world, and the Company has enormous potential to create foods that exhibit healthy characteristics. At Calyxt, we have the unique opportunity to lead an important trend in agriculture towards creating healthier crops and food
ingredients. We view it as our duty to address the health and nutrition concerns of todays society by developing better, more nutritious foods for consumers.
Yves Joseph Ribeill, Ph.D., founded SCYNEXIS, Inc (NASDAQ: SCYX) and served as President and CEO from 1999 to 2015. Dr. Ribeill has more than 35 years of experience in the healthcare industry, with an expertise in anti-infective diseases including bacterial, fungal, viral and parasiticidal and in microbiome- centric diseases. Prior to moving to the U.S. 21 years ago, Dr. Ribeill held several management positions during his international career with Rhône-Poulenc and Aventis in France and in the UK. Dr. Ribeill was a member of the Scientific Advisory Committee of the World Health Organization, the Medicines for Malaria Venture and is currently Vice Chairman of the Triangle Global Health Consortium in North Carolina.
Conference Call Details
Calyxt to hold a conference call for investors Wednesday, August 22, 2018 at 8:30a.m. ET 7:30a.m. CT.
The live dial-in information for the conference call is:
US & Canada only: 877-407-9747
Conference ID #: 13673206
Replay Dial-In (Toll Free US & Canada): 877-660-6853
Replay Dial-In (International): 201-612-7415
Expiration Date: 9/5/18
Webcast URL (archived for 6 months):
Calyxt, Inc. is a consumer-centric, food- and agriculture-focused company. Calyxt is pioneering a paradigm shift to deliver healthier food ingredients, such as healthier oils and high fiber wheat, for consumers and crop traits that benefit the environment and reduce pesticide applications, such as disease tolerance, for farmers. Calyxt develops non-transgenic crops leveraging processes that occur in nature by combining its leading gene-editing technology and technical expertise with its innovative commercial strategy. Calyxt is located in Minneapolis-St. Paul, MN, and is listed on the Nasdaq market (ticker: CLXT).
For further information please visit our website: www.calyxt.com
Calyxt and the corporate logo are trademarks owned by Calyxt, Inc.
TALEN® is a registered trademark owned by the Cellectis S.A.
For further information, please contact:
Jennifer Moore, VP Communications
Caitlin Kasunich / Nick Opich
KCSA Strategic Communications
212.896.1241 / 212.896.1206
email: firstname.lastname@example.org / email@example.com
Investor Relations contact
Simon Harnest, VP Corporate Strategy and Finance
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