Nutrinsic announces new president and CEO

Dan Simon is taking over for Leo Gingras, who will remain a consultant and member of the board of advisors

Nutrinsic Corporation, a Glendale, CO-based sustainable nutrition company, has announced the appointment of Dan Simon as president, CEO and member of the board of directors.

Prior to joining Nutrinsic, Simon was president and CEO at Heliae Technology Holdings, an algae biotech company, which produces a range of nutraceutical, agro-science, nutrition and personal care products. Previously, Simon cofounded Denver-based Biofuel Energy Corporation, a public ethanol company, where he oversaw the growth of the company from inception to over $600 MM in annual revenue. He was also the founder of Elevant Advisors, and an executive at TIC (a Kiewit company), NCH Corporation and Ecolab, Inc. At Nutrinsic, Simon will direct all facets of the company including strategy, product development, operations, financing and build-out of a global footprint.

"On behalf of the board of directors, we welcome Dan, who brings an impressive history of growing and positioning multiple industrial biotechnology and energy companies for success on a global scale," said Tim Wilson, Nutrinsic board member and partner at Artiman Ventures. "Dan is an innovative strategist who understands the process, issues and economics associated with developing and deploying large scale production businesses. His experience will be invaluable as Nutrinsic accelerates its ability to provide natural nutrition products using our patented single cell bacteria production process."

Leo Gingras, who has served as CEO of Nutrinsic since 2012, will remain a consultant and on the board of advisors. "I am thrilled to pass the torch to Dan," said Gingras. "He was the unanimous choice of the Nutrinsic board. I enthusiastically welcome him and am confident in his abilities to take the company to the next level."

Simon responded, saying he "loves to build businesses and is passionate about creating sustainable solutions for the world's growing demand for food and energy. Nutrinsic is on the cusp of changing our future by delivering a whole new supply chain of feed, food, and agro-science related products on a global scale.”