BioAmber Inc. announced that chief financial officer Andrew Ashworth retired on December 31, 2014 and Francois Laurin has been hired to succeed Andrew as the company's chief financial officer. BioAmber also announced that long-time board member Denis Lucquin had resigned effective December 31, 2014. Andrew will continue in an advisory role to the company in the first half of 2015 to ensure a smooth transition.

Francois was most recently the CFO of Alderon Iron Ore Corp. Denis Lucquin is the Managing Partner of Sofinnova Partners. Denis' decision to resign was due to his firm's policy to step down from board memberships following initial public offerings.