REDWOOD CITY, Calif., March 8, 2011 /PRNewswire/ -- Codexis, Inc. (Nasdaq: CDXS) today announced that Jacques Beaudry-Losique has joined the company as Vice President, Corporate Development and Strategy. Mr. Beaudry-Losique joins Codexis from the U.S. Department of Energy, and will be responsible for corporate strategic planning for Codexis' bioindustrials businesses and directing the company's government relations programs. He will report to Joseph Sarret, M.D., Chief Business Officer.
"Jacques Beaudry-Losique brings Codexis broad knowledge of the clean energy sector and senior leadership experience in managing renewable energy programs for the U.S. government, as well as a depth of experience working with Fortune 500 corporations," said Alan Shaw, Ph.D. President and Chief Executive Officer. "His extensive management and policy background will be vital to Codexis as we expand our business. We are very pleased to welcome him to our management team."
Mr. Beaudry-Losique has more than 20 years experience working in the energy and technology sectors. Most recently, he held senior policy and management positions at the Department of Energy for six years, from 2005 to 2011. Previously, he worked with and advised Fortune 500 companies while at McKinsey & Co. and in strategic planning and management roles at General Electric and Shell.
While at DoE, he led efforts to build a second generation biofuels industry across two administrations, managed three major energy efficiency and renewable energy programs and served for two years as Deputy Assistant Secretary for Renewable Energy. He was also instrumental in decisions to invest more than $1.5 billion of Recovery Act funds in renewable energy projects, including $800 million in biofuels projects – as well as the project selection, tracking and management of many of these programs.