MONTREAL - BioAmber Inc. announced that George F.J. Gosbee is joining its board of directors. Gosbee will replace Henry “Pete” Linsert Jr., who resigned his board seat for personal reasons.

Gosbee brings extensive capital markets experience and extensive knowledge of the oil and gas industry. He will provide insight and advice on navigating capital markets, positioning the company in relation to fossil fuels, approaching new investors and raising the company’s visibility. Gosbee has been elected a Class II Director to hold office until the 2018 annual meeting of stockholders. Gosbee will serve on the Nominating and Corporate Governance Committee and the Compensation Committee.

“On behalf of the entire board and management team, I would like to thank Pete for his valuable insight and contributions over the past 20 months,” said Ray Land, Chairman of the Board. “Pete’s experience and wisdom will be missed, but we are thrilled to have someone of George’s caliber and financial background joining the board.”