Feronia Inc. announced the appointment of Mr. Xavier de Carniere as Chief Executive Officer and a director of the Company. Mr. de Carniere's start date with the Company will be January 12, 2015. Mr. de Carniere was previously the Chief Financial Officer of a major palm oil and rubber plantations company with operations in West Africa and Asia.

In this role and previous work Mr. de Carniere has a demonstrated track record of delivering results and gained substantial experience in all aspects of the palm oil sector.