Management Update at Source Molecular

Source Molecular Corporation announced that Mauricio Larenas, Chief Executive Officer, departed from the company on November 26, 2018. The company will continue to execute its plan of providing robust centralized ISO 17025 accredited laboratory services while introducing an industry leading lab molecular testing SaaS platform to enable global adoption of microbial source tracking.

Gretchen Clark, Chief Financial Officer of Source Molecular and recently promoted to Chief Operating Officer, will continue to assure the daily operations of the company. Mark McIntosh, current board member, will serve as the interim CEO. Mr. McIntosh brings a wealth of political and entrepreneurial experience to the firm. Thierry Tamers will continue as Chairman of the company. Mauricio Larenas will remain an important shareholder of Source Molecular.

Dr. Yiping Cao, a world leading researcher in molecular technology, will be elevated from her present role as Vice President of Technology to Chief Technology Officer. As a member of the executive management team, she will work closely with the board of directors to expand the centralized lab services and manage actively the implementation of the SaaS platform. The goal of the company is to have the SaaS platform ready for use in 2019 for the North American market and throughout the world in 2020.

Mr. Tamers said, “On behalf of the company, I want to wish Mauricio much success with the new ventures that he plans to pursue. We are grateful for the passion and leadership Mauricio has provided the company.”

Mr. Tamers continued, “We have built a strong foundation for future growth, including strengthening our team and brand, evolving our products and marketing, and improving our core operations.”

Mr. Larenas said, “I am proud of the progress the whole team has made. I look forward to supporting the company and the team in the future.”

ABOUT SOURCE MOLECULAR

Source Molecular Corporation is a private commercial laboratory with a mission to fill the void between source identification research and real-world implementation of the technology. The laboratory is dedicated to offering innovative technology for solving pathogenic water pollution problems through microbial source tracking genetic and molecular techniques. Throughout the years, the Source Molecular microbiology laboratory has analyzed samples for hundreds of industrial plants, watershed management groups, state/federal government agencies, universities and engineering firms making it the leader in the Microbial Source Tracking (MST) industry. By providing commercial MST testing services, Source Molecular assists clients with recreational water quality monitoring and supports Total Maximum Daily Load (TMDL) development and implementation.

Company Contact:
Source Molecular Corporation
15280 NW 79th Court, Ste. 107
Miami Lakes, Florida 33016
Attention: Gretchen Clark, CFO
Email: info@sourcemolecular.com

2018-11-30T10:17:13+00:00