– USA, MA – AquaBounty Technologies, Inc. (AIM: ABTX), a biotechnology company focused on enhancing productivity in the aquaculture market, is pleased to announce the appointment of a new Director to the Company’s Board
As noted in the Company’s announcement of 7 January 2013, Intrexon Corporation (“Intrexon”) has the right, based on its current ownership, to appoint a fourth Director to AquaBounty’s Board of Directors. The Company agreed, at its Board meeting on 13 September 2013, to the appointment of Rick Sterling as a Non-Executive Director of the Company with immediate effect.
Rick Sterling, aged 49, is Chief Financial Officer of Intrexon, a position he has held since 2007. Prior to joining Intrexon, he was with KPMG where he worked in the audit practice for over 17 years, and where he served private and public company clients primarily in the healthcare, technology and manufacturing industries. As a result of his positions at both Intrexon and KPMG, Mr. Sterling has significant experience in SEC filings and Sarbanes Oxley requirements. Mr. Sterling currently is a director of Intrexon AB, Co. He has held no other directorships in the last five years.
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