Marrone Bio Innovations Appoints New Chief Financial Officer

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| Source: Marrone Bio Innovations

DAVIS, Calif., Feb. 25, 2014 (GLOBE NEWSWIRE) -- Marrone Bio Innovations, Inc. (MBI) (Nasdaq:MBII), a leading global provider of bio-based pest management and plant health products, announced today it has hired James B. Boyd as Vice President and Chief Financial Officer (CFO). Mr. Boyd brings over thirty years of financial management experience spanning a variety of industries and companies ranging from Fortune 100 firms to start-ups and covering all aspects of the financial function including SEC reporting, GAAP compliance, SOX and internal controls, planning and budgeting as well as broad experience in debt, equity and M&A transactions.

His background includes over 12 years as a public company CFO including seven years as the CFO of ESS Technology, a $300 million manufacturer of DVD and image sensor devices, and three years as the CFO of Silicon Storage Technology, a $400 million manufacturer of memory and non-memory chips. He has also been the CFO of several start-ups including Link-A-Media Devices which was recently successfully sold to Hynix.

"Jim brings a depth and breadth of public company and financial experience to Marrone Bio and his high tech and Silicon Valley roots complement our company's ag tech culture," comments Pam Marrone, CEO of Marrone Bio. "In addition, Jim has experience in establishing international operations which will serve us well as we look to expand overseas."

Boyd earned a MBA in Finance from the University of Wisconsin and a J.D. from Golden Gate University. 

About Marrone Bio Innovations

Marrone Bio Innovations, Inc. (Nasdaq:MBII) is a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental, and water treatment markets. Our effective and environmentally responsible solutions help customers operate more sustainably while controlling pests, improving plant health, and increasing crop yields. We have a proprietary discovery process, a rapid development platform, and a robust pipeline of pest management and plant health product candidates. At Marrone Bio Innovations we are dedicated to pioneering better biopesticides that support a better tomorrow for users around the globe. For more information, please visit www.marronebio.com.

Rich Fedigan
Marrone Bio Innovations
530-750-2800