AgroFresh Solutions Appoints Margaret M. (Margo) Loebl Executive Vice President and Chief Financial Officer
August 25 2015 - 4:15PM
Business Wire
AgroFresh Solutions, Inc. (“AgroFresh” or the “Company”)
(NASDAQ:AGFS, AGFSW) announced today that it has appointed Margaret
M. (Margo) Loebl to serve as Executive Vice President and Chief
Financial Officer, effective September 21, 2015.
Mr. Stuart Gleichenhaus, who serves as interim CFO and was
instrumental as the Company completed a transaction to become an
independent public entity, will stay on as an advisor to Ms. Loebl
to ensure a smooth transition.
“I am thrilled to welcome Margo to the executive management team
at AgroFresh,” said Thomas Macphee, AgroFresh Chief Executive
Officer. “We believe that Margo’s proven leadership capabilities,
public company CFO experience, financial acumen and M&A
experience will help us to continue to build this business and
capitalize on the many growth opportunities ahead of us.”
With approximately 30 years of global finance experience, Ms.
Loebl most recently served as Vice President, Chief Financial
Officer & Treasurer of Quaker Chemical Company, a publicly
traded global provider of process fluids, chemical specialties and
technical expertise to various industries. Prior to this, Ms. Loebl
worked as a consultant for Constellium, a leader in the
manufacturing of high-quality aluminum products and solutions.
Before Constellium, her professional experience included: Corporate
VP, CFO and Treasurer for TechTeam Global, a publicly held provider
of information technology outsourcing and business process
outsourcing services; Group Vice President of Finance for Archer
Daniels Midland Company, one of the world’s leading agricultural
processors; VP, Corporate Finance for Nike, Inc.; and various
progressive financial positions for over 13 years at General
Motors.
Ms. Loebl holds an MBA from the University of Chicago Booth
School of Business and a BA from Wellesley College.
About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ: AGFS, AGFSW) is a global
industry leader in providing innovative data-driven specialty
solutions aimed at enabling growers and packers of fresh produce to
preserve and enhance the freshness, quality and value of fresh
produce and to maximize the percentage of produce supplied to the
market relative to the amount of produce grown. Its flagship
product is the SmartFresh™ Quality System, a freshness protection
technology proven to maintain firmness, texture and appearance of
fruits during storage and transport. SmartFresh is currently
commercialized in 45 countries worldwide. For more information,
please visit http://www.agrofresh.com/home.
Forward-Looking Statements
In addition to historical information, this release may contain
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. All statements, other than
statements of historical facts, included in this release that
address activities, events or developments that the Company expects
or anticipates will or may occur in the future are forward-looking
statements and are identified with, but not limited to, words such
as “anticipate”, “believe”, “expect”, “estimate”, “plan”,
“outlook”, and “project” and other similar expressions (or the
negative versions of such words or
expressions). Forward-looking statements include, without
limitation, information concerning the Company’s possible or
assumed future results of operations, business strategies,
competitive position, industry environment and potential growth
opportunities. These statements are based on management’s current
expectations and beliefs, as well as a number of assumptions
concerning future events. Such forward-looking statements are
subject to known and unknown risks, uncertainties, assumptions and
other important factors, many of which are outside the Company’s
management’s control that could cause actual results to differ
materially from the results discussed in the forward-looking
statements. These risks include, without limitation, the risk that
the business combination between the Company and The Dow Chemical
Company (the “Business Combination”) disrupts current plans and
operations; the Company’s ability to recognize the anticipated
benefits of the Business Combination, which may be affected by,
among other things, competition and the ability of the combined
business to grow and manage growth profitably; costs related to the
Business Combination and/or related to operating AgroFresh as a
stand-alone public company; changes in applicable laws or
regulations, and the possibility that the Company may be adversely
affected by other economic, business, and/or competitive factors.
Additional risks and uncertainties are identified and discussed in
the Company’s filings with the SEC (available at www.sec.gov),
including the definitive proxy statement filed on July 16,
2015 with the SEC in connection with the Business Combination and
available at the SEC’s website at www.sec.gov.
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version on businesswire.com: http://www.businesswire.com/news/home/20150825006214/en/
AgroFresh Solutions, Inc.Sloane & CompanyErica Bartsch,
+1-212-446-1875ebartsch@sloanepr.com
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