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Codexis CEO Alan Shaw Resigns

Codexis, Inc. (CDXS) said Friday that Alan Shaw has resigned as President and Chief Executive Officer and from the Board of Directors of the company to pursue other interests.

The company said it has appointed Peter Strumph as its interim Chief Executive Officer, effective immediately. Strumph was the Senior Vice President and Business Head of Pharmaceuticals.

Shaw will continue to serve as a special advisor to the Board of Directors.

The company said its board has appointed a special committee that will oversee the CEO search and transition.

Heidrick & Struggles has been retained for a worldwide search, which will include both internal and external candidates.

by RTTNews Staff Writer

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