Microphyt Appoints Two New Directors and Confirms its Focus on Sustainable Value Creation with a New ESG Advisory Committee

March 27, 2023

  • Two New Directors, Hilde Windels[1] & Anne Colonna[2], are joining Microphyt’s Board,
    following a successful €15 million financing round.
  • Chloé Schiaffino from Bpifrance is leading the newly formed ESG Advisory Committee.
  • Hilde Windels is leading the newly formed Risk and Audit Committee.

Baillargues (France), March 24th, 2023 – Microphyt, a leading innovation-driven company in microalgae-based natural solutions, for nutrition and well-being announces the appointment of Anne Colonna (representing BOLD) and Hilde Windels BV as new Directors of Microphyt’s Board. Following its most recent financing of €15 million (November 2022), Microphyt is accelerating both new product development and commercialization of its ingredient portfolio. To meet customer demand, Microphyt is also increasing the production capacity of its industrial platform in Baillargues (South of France).

Hilde Windels BV is appointed as an independent Director to lead the Risk and Audit Committee. Hilde has a track record as CFO, CEO and Director in supporting companies during the transition from early stage through scale-up. She has historically been focused on enabling substantial value creation through the commercialization of proprietary technology and products. “I’m delighted to lead the Audit and Risk Committee of Microphyt’s Board of Directors at this particular time in its development’ stated Hilde Windels. “Microphyt has effectively shown that it can successfully produce and sell natural bioactive ingredients in nutrition and personal care markets globally. Consolidating all these building blocks and aligning with the expectations of our stakeholders, including our long-term financial investors, is a journey I am very excited about.”

Anne Colonna, General Manager Advanced Research at the L’OREAL Groupe is representing BOLD Business Opportunities for L’Oréal Development, L’OREAL’s corporate venture fund. Anne brings her deep expertise in the research and the development of sustainable solutions and responsible innovations in well-being.

To reinforce its focus on sustainability, Microphyt has decided to form an ESG Committee. Led by Chloé Schiaffino from Bpifrance, one of Microphyt’s lead investors.  The ESG Committee will advise the Board to further advance Microphyt’s CSR initiatives. Chloé Schiaffino explained “Microphyt has been a pioneer in fostering the massive transition towards natural and sustainably produced solutions in nutrition and wellbeing. I am particularly thrilled to help expand the initial commitment of Microphyt’s CEO Vincent Usache in the Corporate Social Responsibility with the actions of the ESG Committee.

Lieven De Smedt, Chairman of the Board of Microphyt, added: “Having Anne, Chloé and Hilde on board in their new roles will not only complete the skills and competencies on our Board, but given their complimentary ways of looking at things, will enhance our strategic decision making. If Microphyt is already in the top league of bringing inspiring Natural Ingredients to the market, this Board and the new ESG Committee are committed to become a top league player in Sustainable Value Creation.

To read more about Microphyt’s Board, click here.

To download the Press Release, click here.

[1] representing Hilde Windels BV

[2] representing BOLD (Business Opportunities for L’Oréal Development)