BioAmber President and COO Steps Down


In a surprise move, BioAmber's Fabrice Orecchioni has resigned from his position as president and COO of the company.

The Board of Directors of BioAmber Inc. announced today that it has accepted the resignation of Mr. Fabrice Orecchioni as President and Chief Operating Officer. Mr. Orecchioni will be assuming an advisory role with BioAmber, supporting a series of strategic initiatives through to February 24, 2018.

A renewable materials company, BioAmber uses sugars to produce building block chemicals in a more responsible and economical way. Its technology platform combines biotechnology and catalysis to convert renewable feedstock into building block materials that are used in a wide variety of everyday products including plastics, paints, textiles, food additives and personal care products.