New U.S. President at Lycored

July 10, 2007/Prepared Foods -- LycoRed Ltd., Israel, named Michael Doyle as president of U.S. division, LycoRed Corp., Orange, NJ. In his new position Doyle will be responsible for all operations in the North American marketplace. Doyle has a wealth of business leadership experience across a range of industries and functions including having led the Nutrition Health Business at BASF Inc. in North and Central America. He also served as a board member and as treasurer for the Council of Responsible Nutrition (CRN).

“Mike Doyle is known for innovation and for building strong win-win relationships.” says Morris Zelkha, CEO of LycoRed Ltd. “He is a talented and seasoned veteran who will take LycoRed Corp. to the next level in providing innovative nutritional solutions for the marketplace. We plan to penetrate new food categories with advanced technological solutions for food fortification and food coloring.”

“I look forward to further developing LycoRed’s strong position in the nutritional industry, as well as in the cosmeceuticals category where LycoRed has a leading position in the European market,” adds Doyle. “We intend to develop this segment in the US with exciting new products that will be adjusted to the American consumers’ demand.”

Doyle is a graduate of New York University with BS degrees in Industrial Management and Marketing and a graduate of Michigan State University with a Master of Business Administration.

From the July 16, 2007, Prepared Foods e-Flash