Gevo Inc (GEVO)

[MIMadman]

Gevo Names Paul Bloom As CTO, CIO
9:48 am ET March 22, 2021 (Benzinga)

Gevo, Inc. (NASDAQ:GEVO), is pleased to announce that Dr. Paul Bloom has joined Gevo as its Chief Technology Officer and Chief Innovation Officer. Dr. Bloom served the last 20 years in a series of commercial and technical roles at Archer Daniels Midland Company (ADM). Most recently, Dr. Bloom was the Vice President of Sustainable Materials and was previously the General Manager of Evolution Chemicals, where he led development and commercialization activities for the company's portfolio of renewable chemicals. In addition, he had global responsibility for the company's pipeline of new process technologies and partnerships with the chemical industry.

"I'm pleased to have Paul Bloom join us. He brings strong technical depth, and business development experience, which we expect to use as we develop the renewable chemicals and materials side of our business," said Dr. Patrick R. Gruber, Gevo's Chief Executive Officer. Dr. Gruber continued, "Paul has seen what works and what doesn't in the space of renewable chemicals, plastics, and fuel. We are fortunate to have him join our team."

"I've evaluated and commercialized multiple technologies through the years. I believe Gevo has excellent technology to tackle greenhouse gas emissions. Drop-in, net-zero hydrocarbon fuel products are desperately needed and will make a difference in the transportation sector. Gevo's portfolio also contains renewable chemical materials that can address unmet needs for the circular economy. For example, these high-performance, plant-based products could go into the automotive industry, durable goods, and consumer products," said Dr. Bloom. "The potential, in my opinion, is large to help provide more sustainable alternatives to customers and consumers while delivering superior performance. I'm excited to be part of the Gevo team and look forward to helping Gevo grow," Dr. Bloom added.

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