BAINBRIDGE, Ga.–(Business Wire)–Meredian Inc., the world’s largest producer of PHA, has announced that John A. Dowdy, III has joined their team as the newly appointed Chief Financial Officer. This appointment comes in the wake of Meredian Inc. and its sister company DaniMer Scientific merging together under its wholly owned subsidiary Meredian Holdings Group Inc.
“Jad is a much needed addition to our team. Fiscal control and regulatory conformance is so critical at this stage of our companies growth and Jad brings them to the table,” said Paul Pereira, Executive Chairman to the Board of Directors and CEO. “The next steps in our company’s growth will lean heavily on Jad’s ability to deliver and I am confident that he will with his experience and skills,”
Dowdy joins the Meredian team with a seventeen year track record of achievement in private industry and public accounting. He also has significant experience helping emerging companies make the transition to becoming publicly traded.
“I am thrilled to join the Meredian team at this exciting time,” said John A. Dowdy, III. “Meredian is at the leading edge of this truly innovative industry and I am honored to help them move forward with their business development.”
Prior to joining the Meredian team, Dowdy served in various financial and accounting positions at Yandex, an internet company that is the leading search provider in Russia and holds a 60 percent market share in the country. The company is also one of the largest European internet companies. During his tenure at Yandex, Dowdy was the Chief Accounting Officer from January 2008 until April 2012 and the Vice President of Finance for its international business from April 2012-2014. While at Yandex, Dowdy was a major component in their $1.4 billion Initial Public Offering in 2011. This IPO was the biggest one for a dotcom company since Google launched theirs in 2004.
For more information about Meredian Inc., the team and their process, please visit their website. The Facebook (Meredian) and Twitter (@MeredianInc) pages also possess all the current happenings regarding the company and industry news as the shift to Bioplastics continue to develop a greener tomorrow.
About Meredian, Inc.:
Meredian, Inc. a privately held Georgia corporation under the wholly owned subsidiary Meredian Holdings Group, manufactures PHA biopolymers using renewable resources, further reducing the global dependence on petroleum historically used in production of plastics. Meredian, Inc. was formed by the principles following the success of its sister company, DaniMer Scientific, LLC., which was formed in 2004 to bring innovative solutions to the world by way of biopolymer materials in traditional plastic applications. These companies are supported by a world class group of dedicated, highly skilled team members. With the addition of Meredian PHA biopolymers, the two companies offer a comprehensive selection of biopolymers that supports their core values of utilizing sustainably produced, renewable resource based polymers to improve people’s lives at work.