---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009755"
form_type: "8-K"
ticker: "DYAI"
cik: "0001213809"
company_name: "DYADIC INTERNATIONAL INC"
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:31:34.261431+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Dyadic International not renewing Matthew Jones as MD of Business Development; CBO Joe Hazelton takes over

## Summary
- Consulting agreement with Novaro Ltd for Matthew Jones not renewed, effective July 21, 2022.
- Joe Hazelton, newly appointed Chief Business Officer, will assume Mr. Jones' commercialization and business development duties.
- Departure is a non-renewal of consulting arrangement, not a resignation or termination for cause.

## SEC filing metadata
- accession: 0001437749-22-009755
- form_type: 8-K
- ticker: DYAI
- cik: 0001213809
- company_name: DYADIC INTERNATIONAL INC
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1213809/000143774922009755/0001437749-22-009755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1213809/000143774922009755/dyai20220425_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009755
- JSON: https://secwatch.observer/filing/0001437749-22-009755.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009755.txt

## Key facts
- Executive change
  Joe Hazelton was appointed as Chief Business Officer at DYADIC INTERNATIONAL INC.
  - Action: appointed
  - Role: Chief Business Officer
  source text: Mr. Jones’ responsibilities for commercialization and business development will be transitioning to our new Chief Business Officer, Joe Hazelton.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1213809/000143774922009755/0001437749-22-009755-index.htm
- Executive change
  Matthew Jones departed as Managing Director of Business Development and Licensing at DYADIC INTERNATIONAL INC.
  - Action: not renewed
  - Role: Managing Director of Business Development and Licensing
  source text: On April 22, 2022, Dyadic International, Inc. (“Dyadic” or the “Company”) decided not to renew the consulting agreement the Company entered into with Novaro Ltd to engage Matthew Jones as its Managing Director of Business Development and Licensing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1213809/000143774922009755/0001437749-22-009755-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.