Qteros names McCarthy president and CEO

Qteros Inc. announced that John McCarthy has joined the company as president and CEO to accelerate its technology and commercial initiatives in the worldwide cellulosic ethanol marketplace. McCarthy's 18-year experience includes managing the transformational growth of numerous life science and biobased chemical companies into high-value commercial entities. He has raised more than $1 billion of capital in the private and public markets, and developed and executed numerous complex and large-scale strategic corporate partnerships. He joined Qteros from Microbia Inc., where he served as chief business officer of this developer of unique biobased specialty chemicals for large-scale industrial applications. Prior to Microbia, McCarthy was executive vice president of Verenium Corp.