Former Tyson Foods CEO Dean Banks was named CEO of New England-based Indigo Ag effective Feb. 1. He will also become the CEO-partner at biotech firm Flagship Pioneering on the same date.

Banks has been an Indigo board member since July 2022 and will continue in that role.

“Dean has been a strategic and deeply engaged board member for Indigo, drawing on his extensive experience as an entrepreneur, technologist, innovator, and business executive,” said Robert Berendes, chairman of the board for Indigo Ag and executive partner at Flagship Pioneering. “He is an energizing leader and visionary, and I am confident he will steward the company into this next critical phase of growth and profitability and ultimately realize the full potential of the Indigo platform for companies, farmers, and the planet.”

Following a two-year stint on the Tyson Foods board, Banks was named Tyson’s president in December 2019. Less than ten months later, Banks was also named the CEO, succeeding the retiring Noel White, who remains with Tyson as a board member.