[USA] Cyanotech Corporation (Nasdaq Capital Market: CYAN) today announced that the Board of Directors has named Mawae Morton as President effective immediately. Mr. Morton will report directly to the Company’s Chief Executive Officer, Dr. Gerald Cysewski.
Cyanotech’s Chairman, Michael Davis said, “We are pleased that Mawae has chosen to join Cyanotech. He brings a deep understanding of complex bio-based operating businesses having held various executive positions in the bio-refinery and agriculture disciplines.” He continued, “Cyanotech has built its leadership position as a quality producer of high-value nutritional products and Mawae will significantly complement the company’s strengths with his business expertise.” Dr. Cysewski added, “Mawae has served as a strategic consultant to the Company over the last six months, made significant contributions, and will certainly hit the ground running. I look forward to continuing to work with him to move Cyanotech forward.”
Mr. Morton has served as a strategic consultant to the Company for the previous six months. Prior to that, he was the Chief Executive Officer of HBE BiorefineryCo, a Hawaii based forestry and bioenergy development company, and President of Matariki Group LLC, which provides consulting services for project development with a focus on renewable energy, forestry, agribusiness and environmental planning. Mr. Morton has also served as the Strategic Resource Manager for Kamehameha Schools, the largest land owner in Hawaii, and Managing Director at Merica International, a privately owned group of companies with global interests in the renewable energy sector.
In New Zealand, Mr. Morton was a Senior Consultant with KPMG Consulting with projects in New Zealand, China, Singapore, Japan, and Silicon Valley, California. He holds a Master’s degree in Public Policy from Victoria University of Wellington and a Bachelor’s degree in agriculture from Massy University, in New Zealand.
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