Qteros names McCarthy president and CEO

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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.