Solix Biofuels Names Joel Butler CEO After Henston Resigns

Solix Biofuels Inc., a closely held company developing algae-to-fuel technology, appointed Chief Technology Officer Joel Butler as its new chief executive officer.

Butler replaces Doug Henston, who has resigned as Solix’s CEO, the Fort Collins, Colorado-based company said today in a statement. David Maytubby also stepped down as finance chief.

To contact the reporter on this story: Will Wade in New York at wwade4@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net.

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