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Solazyme names Rotsaert chief operating officer

Mon, 10/22/2012 - 3:13pm
The Associated Press

Biofuels company Solazyme Inc. said Monday that it appointed Jean-Marc Rotsaert, a former executive of Campbell's Soup, Pepsico and Coca-Cola, as its chief operating officer.

Rotsaert will lead Solazyme's operations, including the expansion of its oils marketing to industrial and food markets, the company said in a news release.

San Francisco-based Solazyme makes oil using strains of algae that eat plant-based sugars. The company's target markets are fuels and chemicals, food, and personal care products.

Rotsaert currently is president and CEO of the U.S. business of AAK, a Swedish company that makes vegetable oils and fats for industries.

Solazyme shares fell 40 cents to close at $9.46.

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