Danimer Scientific Appoints Michael A. Hajost as Chief Financial Officer

BAINBRIDGE, Ga.–(BUSINESS WIRE)–Danimer Scientific, Inc. (NYSE: DNMR), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced the appointment of Michael (Mike) A. Hajost as Chief Financial Officer. Hajost will succeed John A. (Jad) Dowdy, III, who will assume the new role of Senior Vice President, Financial Planning and Analysis. Hajost will join the Company on February 7, 2022, as special advisor to Danimer’s Chief Executive Officer Stephen E. Croskrey before assuming the CFO position in early March 2022. 

Hajost most recently served as CFO of Strategic Materials, Inc., one of the largest and most comprehensive glass recyclers in North America with 900 employees across 50 locations. Prior to that position, he served as CFO of Accuride Corporation, a global leader in the design and manufacturing of wheel components for the commercial truck, passenger car and off-road vehicle industries, where he was instrumental in doubling its revenues through strategic acquisitions. Prior to Accuride, he served as Vice President, Treasury and Investor Relations at Carpenter Technology Corporation (NYSE:CRS), a leading international manufacturer of specialty alloys and engineered products. He brings a strong track record of strategic transactions, capital market financing, risk management and liquidity management, as well as the proven ability to maximize growth. His experience leading financial operations and investor relations at billion-dollar manufacturing and technology companies will be a critical asset to Danimer as it continues to grow its operations. Hajost’s 30-year corporate career was preceded by his five years of service as an officer in the U.S. Army, attaining the rank of Captain. He is a graduate of the United States Military Academy at West Point with a Bachelor of Science degree in Engineering. He subsequently earned his MBA in Finance from the Booth School of Business at the University of Chicago.

Croskrey said, “Mike brings considerable experience in managing global growth and profitability while leading the finance and investor relations functions of several large companies across a variety of industries. His skills and perspectives will be instrumental in helping us maintain our leading position as a bioplastics manufacturer during this period of industry growth, and I’m thrilled to welcome him to Danimer. Additionally, I would like to thank Jad for his invaluable guidance throughout Danimer’s journey from a start-up to a public company, and I am grateful to have his continued support as we further our growth initiatives.”

Hajost said, “I am excited to join a talented team that is at the forefront of this burgeoning industry. After closely following Danimer’s work in developing PHA and other biodegradable alternatives to plastic, I look forward to helping bring the Company’s vision to fruition.”

Dowdy, who will continue supporting ongoing operations and special projects such as the construction of Danimer’s new manufacturing facility in Bainbridge, said, “I am proud of the work we have done to grow Danimer into a public company, and we are only just getting started. There is tremendous opportunity to build upon the rapidly growing interest in commercial applications for biopolymers, and I’m looking forward to working with Mike to help execute our strategy to drive growth and meet customer demand.”

For more information, please visit www.DanimerScientific.com.

About Danimer Scientific

Danimer is a pioneer in creating more sustainable, more natural ways to make plastic products. For more than a decade, its renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable and return to nature instead of polluting our lands and waters. Danimer’s technology can be found in a vast array of plastic end products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films and injection-molded articles, among others. Danimer holds more than 390 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations. For more information, visit www.DanimerScientific.com.