Crailar Technologies has appointed Ted Sanders as chief financial officer, succeeding Guy Prevost.

Sanders will lead the global strategic financial positioning of Crailar and will be based in Portland, Oregon.

Prevost, who has been with Crailar since November 2005, will remain with the company as corporate controller and compliance officer.

"Ted strengthens the executive management team with experience at international publicly listed companies that saw significant growth during his tenure. This will prove to be invaluable to Crailar as we transform into a fully operational company and evaluate our intended listing on exchanges that provide broader access to Crailar stock," said Crailar CEO Ken Barker.