Danimer Scientific names Richard Altice as interim CEO

Danimer Scientific announced that Richard Altice, a current Danimer director and former president and CEO of NatureWorks, has been named interim CEO, effective immediately. Altice succeeds Stephen Croskrey, who previously announced his intention to retire after more than eight years as CEO. In addition to his ongoing role as a director, Croskrey has agreed to serve as a special advisor until the end of the year to further support this transition. Richard Hendrix will continue to lead the board as chairman. As previously announced, the board has formed an executive committee charged with leading the search process for a permanent CEO, along with oversight of strategy and shareholder engagement during the transition period. The executive committee has made significant progress on its search, which includes internal and external candidates, and has retained a nationally recognized executive search firm to support the process. In connection with today’s announcement, Altice will replace Croskrey on the executive committee, which also includes directors Hendrix, John Amboian, and David Moody.