LS9 Names Ed Dineen New CEO
LS9, the South San Francisco-based developer of renewable fuels, said today that it has hired Ed Dineen as its new CEO. Dineen was previously the chief operating officer of LyondellBasell Industries (NYSE: LYB), a petrochemical, fuels and polymer company with annual revenues of over $30 billion. Dineen replaces Bill Haywood, who had been CEO of LS9 since September 2008. “Ed’s experience and long track record of growing lines of business across many industries and geographic regions will help accelerate LS9′s growth and fully capitalize on the diverse product opportunities created by the company’s powerful technology platform,” said LS9 Chairman Noubar Afeyan, in a statement. LS9, as I described here in July, is on a quest to develop renewable fuel for less than $50 a barrel at industrial scales.