CALIFORNIA - News from March 26, 1987

Robert J. Kunze has been elected chairman of Calgene, an agriculture biotechnology company based in Davis, Calif. Kunze replaces Calgene co-founder Norman Goldfarb, who served as chairman since the company’s inception in November, 1980.

Roger Salquist remains president and chief executive.

Kunze is a senior vice president of Hambrecht & Quist, an investment banking firm concentrating in technology. H&Q; was the major investor in Calgene before its initial public stock offering last July and is the company’s second-largest shareholder.

Goldfarb, who had not been active in day-to-day company management since late 1985, said he resigned to devote his energies to Goldfarb Associates Venture Capital.