Cereplast (NASDAQ: CERP) a leading manufacturer of proprietary bio-based, sustainable plastics, today announced that it has appointed Ms. Heather E. Sheehan to the position of Senior Vice President and Chief Financial Officer, effective August 16, 2010. Ms. Sheehan is a seasoned finance executive with over 20 years of financial leadership in public companies and ‘Big Four’ accounting firms.
She joined Cereplast in 2008 and has served in increasingly important roles, most recently as Senior Vice President & Chief Accounting Officer. Prior to joining Cereplast, Ms. Sheehan served as Chief Financial Officer of Exemplis Corporation and held various senior international treasury, corporate finance, and accounting roles at ConAgra Inc. (NYSE: CAG - News), International Rectifier Corp. (NYSE: IRF - News), and Trans Mountain Pipe Line Co., Ltd. Ms. Sheehan began her career in the audit practice of PriceWaterhouseCoopers in Canada and the United Kingdom. Ms. Sheehan, who holds a Bachelor of Business Administration in accounting from Simon Fraser University (Vancouver, Canada), is a Chartered Accountant (Canada) and a Certified Public Accountant.
“We are delighted to enhance our executive team with the appointment of Heather Sheehan as Chief Financial Officer,” said Frederic Scheer, Founder, Chairman and CEO of Cereplast, Inc. “Based on our recent NASDAQ uplisting and the revenue growth we are anticipating over the next couple of years, I am confident that her ability to navigate the regulatory landscape and further develop our corporate financial infrastructure to support operations and communicate with the investing public will be a key to driving Cereplast’s long-term success.”
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