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P2 Science, Inc. Announces the Appointment of an Experienced New Commercial Team to Drive Expansion

Date:
03/15/2024

P2 Science, Inc. Announces the Appointment of an Experienced New Commercial Team to Drive Expansion

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WOODBRIDGE, Conn., March 12th 2024 – Green chemistry company P2 Science announced today the appointment of its new commercial leadership team, chosen to accelerate the next phase of growth for P2’s main technology platforms, PIOzTM (air oxidation of renewable oils) and PICETM (biorenewable liquid polymers, including Citropol®) in personal care, flavors and fragrances, textiles, crop care, and other specialty chemical markets.

Joining CEO Oihana Elizalde, the newly assembled commercial team brings a wealth of expertise and a strategic vision to accelerate P2 Science’s commercialization efforts in the rapidly evolving renewable chemicals sector. The team is charged with expanding market reach, fostering strategic partnerships, and driving revenue growth while maintaining a steadfast commitment to its core green chemistry principles.

Key members of the commercial team include:

Kate Drummond, VP of Marketing and Business Development: With nine years at BASF Corp in a variety of roles and industries, most recently heading marketing for the North America Personal Care business, Kate Drummond brings a strong background in innovation management, product launch, and strategy. She is charged with leading the strategy for expansion of P2’s proprietary technology platforms across industries, together with the CEO and President. Kate brings additional experience in non-profit environmental advocacy and government relations, prior to earning her MBA at the University of Michigan.

Jeff Parker, VP of Sales: Jeff Parker is a seasoned sales leader with a deep understanding of the personal care market and formulation. At P2, he is responsible for leading sales initiatives and cultivating strategic partnerships to accelerate revenue growth across key markets. Jeff brings a unique perspective to his role, having worked in contract manufacturing, finished goods, raw material manufacturing, and chemical distribution in various commercial and technical roles. His most recent experience was at IMCD in principal management, and he previously led the North American sales team at BASF Personal Care.

Aaron Peterson, Director of Sales West Coast: Aaron Peterson joins P2 focusing on developing the Personal Care market for P2’s unique chemistries on the west coast of the US. Aaron brings over 20 years of experience between the lab and sales to P2.  His work has spanned personal care, color cosmetics, and nutraceuticals. He most recently served as manager for Intermountain and Midwest regional sales at Barnet Corporation.

Together with CEO Oihana Elizalde and President Patrick Foley, this dynamic team will focus on executing P2 Science’s commercial strategy, which includes scaling growth in personal care and fragrances, while executing entry strategies in additional markets. By leveraging the company’s proprietary technologies and sustainable manufacturing processes, P2 Science aims to disrupt traditional chemical production methods and drive positive environmental impact.

Commenting on the appointment of the new commercial team, Oihana Elizalde, CEO of P2Science, stated, “We are thrilled to welcome such a talented group of individuals to lead our commercial efforts. Their collective expertise and passion for P2’s mission positions us to immediately capitalize on our positive momentum. The P2 team has established a reputation as a bold innovator and we are ready to grow to the next level.”

P2 Co-Founder and President Patrick Foley commented, “The quality of this commercial team cannot be overstated. We are striving for great things at P2—the realization of ideas and technologies that we really believe in—and I couldn’t be more optimistic about this next chapter of growth for the company with this team in place.”

Chairman of the Board Rob Bettigole added, “With the addition of Jeff, Kate, and Aaron to the commercial team, P2 is well positioned to support the many customers choosing P2 ingredients to formulate into their products.  I am delighted that stellar performers and great people like these three share my belief that P2 is at an important inflection point in its development as a high growth, mission driven business with tremendous potential.”

The appointment of the new commercial team comes at a pivotal moment for P2 Science as the company continues to attract investor interest and solidify its position as the leader in Green Chemistry.

About P2 Science:

P2 Science is a green chemistry company, co-founded by Professor Paul Anastas and Dr. Patrick Foley at the Center for Green Chemistry and Green Engineering at Yale. P2 has developed and patented technologies for converting renewable feedstocks into high-value specialty products. The company started up its first manufacturing plant in September 2018, producing a range of high-performance functional ingredients. P2’s investors include Advantage Capital, BASF, Chanel, Connecticut Innovations, Elm Street Ventures, HG Ventures, Lewis & Clark Agrifood, Safermade, and Xeraya. For more information, visit https://www.p2science.com.