Ceres Swaps Board Member

Thousand Oaks-based agricultural biotechnology and seed developer Ceres said Monday that it has named a new member of its board of directors. The company said Aflalo Guimaraes has joined the company, replacing existing board member Raymond Debbane. Guimaraes is managing director of The Invus Group, which is an affiliate of Ceres' stockholder Artal Luxembourg. Debbane also had represented Artal Luxembourg on Ceres' board. Ceres develops dseeds to produce crops for bioenergy, using both plant breeding and biotechnology for hybrid seed development.