Neogen Corp. has named David Naemura as chief operating officer (COO) in addition to his role as chief financial officer (CFO).
The move comes before the retirement of Doug Jones, former COO, who is set to retire on February 28.
Naemura, 55, joined Neogen in November 2022 and has previously served as senior vice president and CFO of Vontier Corp. and CFO of Gates International Corp.
Naemura's compensation has been increased to a base salary of US$650,000, an annual incentive cash bonus opportunity equal to 100% of his base salary, and annual long-term incentive equity awards valued at US$2.5 million.
Neogen is also creating a new position, chief commercial officer, to enhance its focus on demand generation globally. This role will oversee the company’s commercial organization, including global sales, marketing and communications functions.
According to its website, Lansing, Michigan-based Neogen offers solutions and services for the food processing, animal protein and agriculture industries, including the companion and performance animal industries, as well as the fields of life sciences and toxicology. It provides test kits and relevant products to detect dangerous substances in food and feed.
