Agilyx names new CEO, CFO
By Erik Siemers
New Agilyx Corp. CEO Ross M. Patten has experience running public companies.
Agilyx Corp. named a new CEO and CFO Thursday, giving the upstart waste-to-energy company a pair of top executives with experience running public companies as it considers a possible initial public offering of its stock.
The Tigard-based company, which develops technology to turn waste plastics into marketable crude oil, named Ross M. Patten its new chairman and CEO.
Patten, an Agilyx board member since January, comes from MaxWest Environmental Systems, a Sanford, Fla.-based company that generates renewable energy from wastewater. Prior to that he was CEO of Synagro Technologies, Houston-based company that turns sewage sludge and other forms of waste into usable products such as energy. Now private, Synagro was publicly traded when Patten was at the helm.
Roger Rowe becomes the company's new CFO, coming over from Hillsboro-based chip-maker TriQuint Semiconductor (NASDAQ: TQNT), where he served most recently as director of financial planning and analysis and investor relations. He's also the former CFO of InFocus Corp., the once publicly traded display technology company now based in Tigard.
Agilyx's previous CEO, Chris Ulum, remains with the company as president.
"With the addition of Ross and Roger, we have significantly strengthened our senior management team and positioned Agilyx to effectively reach full commercialization and achieve the growth objectives that will take the company to the next level," Ulum said Thursday in a news release. "Having this level of leadership and commitment creates great value for our shareholders. It's exciting to be on the verge of this new stage of growth."
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.