Solegear Bioplastic Technologies Inc. announced that the board of directors has accepted the resignation of the company's Chief Executive Officer and member of the board, Mr. Toby Reid. The board approved the appointment of Mr. Paul Antoniadis, a director of the company, to serve as interim Chief Executive Officer. As a Solegear director, investor and advisor to the management team, Paul has played an integral role in building Solegear's commercial activities, strategic partnerships, and supply chain capabilities.

Paul is a former CEO of Best Buy Europe.