Landec Corporation Mourns the Passing of Board Member Charles Macaluso
February 24 2021 - 11:31AM
It is with great sadness that the Landec Corporation (Nasdaq: LNDC)
announces the death of board member Charles “Mac” Macaluso who
passed away on February 22, 2021.
“Mac was an outstanding advisor and an integral
member of our Board. His breadth of knowledge was critical to
rebuilding Curation Foods, our long-term growth strategies that
support Lifecore, and our recent successful refinancing,” said Dr.
Albert Bolles, Landec’s CEO and President. “It has been a privilege
for me and the other Board members to work alongside Mac. He will
be greatly missed.”
“Mac served our Board with enthusiasm and
integrity, and we greatly benefitted from his wisdom and
experience. He leaves a legacy of incredible business acumen and
passion for excellence that is recognized and appreciated by our
entire Board,” commented Craig Barbarosh, Landec’s Chairman of the
Board. “We offer our heartfelt condolences and support to his
family.”
Mr. Macaluso served as an independent board member
at Landec since October 2019. In addition to his board membership,
Mr. Macaluso was a member of the Audit Committee and the Curation
Focus Committee. With more than four decades of cross-industry
experience, he brought deep insight and knowledge from an array of
industries. Mr. Macaluso’s seat on the Landec Corporation board of
directors will not be filled at this time.
About Landec Corporation
Landec Corporation (NASDAQ: LNDC) is a leading
innovator of diversified health and wellness solutions with two
operating businesses: Curation Foods, Inc. and Lifecore Biomedical,
Inc. Landec designs, develops, manufactures and sells products for
the food and biopharmaceutical industry. Curation Foods is focused
on innovating and distributing plant-based foods with 100% clean
ingredients to retail, club and foodservice channels throughout
North America. Curation Foods is able to maximize product freshness
through its geographically dispersed family of growers,
refrigerated supply chain and patented BreatheWay® packaging
technology. Curation Foods brands include Eat Smart® fresh
packaged vegetables and salads, O Olive Oil &
Vinegar® premium artisan products and Yucatan® and Cabo Fresh®
avocado products. Lifecore Biomedical is a fully integrated
contract development and manufacturing organization (CDMO) that
offers highly differentiated capabilities in the development, fill
and finish of sterile injectable pharmaceutical products in
syringes and vials. As a leading manufacturer of premium,
injectable grade Hyaluronic Acid, Lifecore brings 35 years of
expertise as a partner for global and emerging biopharmaceutical
and biotechnology companies across multiple therapeutic categories
to bring their innovations to market. For more information about
the Company, visit Landec’s website at www.landec.com.
Contact Information:
Investor Relations:Jeff Sonnek(646)
277-1263Jeff.sonnek@icrinc.com
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