On January 12, 2016, Arcadia Biosciences, Inc.'s Board of Directors granted Eric J. Rey a temporary medical leave of absence from his duties and responsibilities as President and Chief Executive Officer. He is undergoing an elective medical procedure to install a stent in a coronary artery. A full recovery is expected, and it is anticipated that he will return to his normal duties after clearance from his physician.

On January 12, 2016, the Board of Directors also appointed Mark W. Wong to serve as Acting President and Chief Executive Officer during Mr. Rey's leave of absence. Mr. Wong will fulfill his duties and responsibilities in consultation and cooperation with Board of Directors and executive management team. Mr. Wong has served as a director of the company since May 2006.

Mr. Wong served as a director of BioFuel Energy Corp. from January 2008 until October 2014, and Chair from March 2010 to October 2014, when it was renamed Green Brick Partners following an acquisition and recapitalization transaction.