Heliae Names CFO

Gilbert, Arizona-based Heliae, a spinout of Arizona State University, said today that it has named J. Craig Johnson as its Chief Financial Officer. The firm, which is commercializaing algae biofuels research originally developed at ASU, said Johnson has been its VP of Finance sinec March of 2011. Heliae was spun out of ASU and into ASU's SkySong Scottsdale Innovation Center to develop algae-based jet fuels.