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Cyanotech names new president and CEO

Cyanotech has named Andrew Jacobson, as president and CEO, and a director, effective May 16, 2008.

Mr Jacobson succeeds Gerald Cysewski, who was president and CEO. Dr Cysewski was named executive vice president and chief scientific officer focusing on microalgae product development. He continues as a director. Cyanotech’s lead independent director, Gregg Robertson, was elected chairman of the board of directors.

Mr Jacobson was president of the Personal Care division of the Hain Celestial Group, a natural and organic food and personal care products company with annual sales of approximately $1 billion. Previously at Hain, he was president of natural products.

According to the company, the changes in management support its previously announced transition from its traditional focus on the processing and distribution of microalgae products to a consumer driven, sales and marketing focused business. This transition seeks to increase the value and consumer recognition of its brands, BioAstin Natural Astaxanthin and Spirulina Pacifica.

Mr Robertson said: “Our products are widely acknowledged as superior and Andy’s strategic vision and experience opening new markets while leading multi-tiered distribution businesses are ideally suited for this transition.”