Effectively immediately, William J. Brady has taken over the helm as the new CEO for Mascoma Corporation. In addition, Brady will also join the Boards of Directors of Mascoma and Frontier Renewable Resources. He brings to the organization 23 years of experience at Cabot Corporation in various positions including Executive Vice President and General Manager of several operating divisions.
Brady will work with the Mascoma team to help achieve technical and commercial milestones, including continuing to reduce costs for ethanol produced from cellulosic feedstocks, developing additional partnerships for Mascoma’s commercial-scale ethanol project in Kinross Township, Michigan and creating strategic joint ventures to commercialize Mascoma’s proprietary Consolidated Bioprocessing (CBP) technology for production of advanced biofuels and chemicals.
In a press statement, Bruce Jamerson, Chairman of Mascoma and Frontier Renewable Resources stated, “I am delighted to introduce Bill Brady as the new CEO of Mascoma and to work closely with him on achieving our goal of full scale commercial production of cellulosic ethanol. Bill has extensive experience running large commercial divisions for a major chemical company, which is exactly the skill set we need as Mascoma transitions into a commercial enterprise.”