Verenium Appoints James E. Levine Executive Vice President and Chief Financial Officer
On Wednesday April 29, 2009, 8:00 am EDT
Verenium Corporation
- Experienced investment banker with broad financing experience in the energy sector -
CAMBRIDGE, Mass., April 29 /PRNewswire-FirstCall/ -- Verenium Corporation (Nasdaq: VRNM - News), a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, today announced the appointment of James (Jamie) E. Levine to the position of Executive Vice President and Chief Financial Officer. Levine will report directly to Carlos A. Riva, Verenium's President and Chief Executive Officer.
"As we advance to the commercial stage of our development Jamie will play a critical role in identifying and securing the necessary financing for individual projects and in building a healthy capital structure for the company," said Carlos A. Riva, President and Chief Executive Officer of Verenium. "His extensive experience in corporate and project finance, as well as in other advisory and investment banking activities within the energy industry, will be important assets as we continue building Verenium into a leading next-generation biofuels company. I would also like to thank Jeff Black for his stewardship as acting CFO and others on the senior team for their leadership these last few months," he added.
Prior to joining Verenium, Levine held various positions with Goldman Sachs & Co., most recently as a Managing Director in the Power and Utilities Group in New York. Prior to that, he was a Managing Director in the Energy Group in London. The majority of his tenure at Goldman Sachs & Co. centered on investment banking in the oil and gas industries, with a particular focus on the refining and marketing sectors. Levine previously held positions with Lehman Brothers Holdings, Inc., and Industrial Economics, Inc.
Levine received a B.A. in Economics from Brandeis University and an M.B.A. with a concentration in Finance from the Wharton School of the University of Pennsylvania.
