AquaBounty chairman retires after 17 years in post
Clothier’s steady guidance has helped build company into aquaculture leader, says chief executive
Land-based salmon farmer AquaBounty has announced that chairman Richard J Clothier is to retire from the board of directors and will not stand for re-election at the company’s annual shareholder meeting on May 25.
Clothier, who had a long career in business management, has been chairman of the United States fish farmer since April 2006.
AquaBounty grows salmon that inherit a genetic modification made 30 years ago that allows them to reach harvest size more quickly. The company has a relatively small recirculating aquaculture system (RAS) facility in Albany, Indiana, and is building a 10,000-tonne capacity land-based farm in Pioneer, Ohio.
Impact and service
Chief executive Sylvia Wulf said: “Richard’s contributions to our board over the last 17 years have been remarkable. His steady guidance through years of challenges has helped to build AquaBounty into the aquaculture leader that it is today.
“On behalf of our shareholders, the management team and the board of AquaBounty, I would like to personally thank Richard for his impact and service and wish him and his family a wonderful retirement.”
Clothier said: “I am honoured to have served as chairman of AquaBounty, an industry pioneer and innovator that successfully developed and brought to market the first-ever FDA (US Food and Drug Administration)-approved genetically engineered animal for human consumption.
“AquaBounty is in an exciting phase with the construction of its new farm in Pioneer, Ohio well under way. I retire with full confidence in the management and the board to continue the company’s progression with its high standard of operational expertise.”