PHILADELPHIA, Sept. 27, 2016 /PRNewswire/ -- AgroFresh
Solutions, Inc. (NASDAQ: AGFS), a global leader in produce
freshness solutions, today announced that chief financial officer
Margo Loebl will be leaving the
company to pursue other professional interests. She will be
replaced by Katherine Harper, a
highly experienced financial professional and business leader whose
30-year career has spanned several global public companies.
Most recently, Ms. Harper was the CFO of Tronox, a global leader in
the mining and production of inorganic minerals and chemicals.
"We are delighted to have someone of Katherine's extensive
public company experience join AgroFresh," said Dr. Nance K. Dicciani, chair of the board of
AgroFresh and interim co-chief executive officer. "Her
track record of transformational leadership, with an emphasis on
global operations, cost management and forecasting, as well as
strategic planning and execution are the right fit for AgroFresh
and our growth priorities."
"We are grateful to Margo for her financial leadership as
AgroFresh has transitioned and grown as a public company, including
establishing the systems and processes needed for a newly formed
company," Dr. Dicciani added. "We wish her the best as she
pursues new opportunities."
While at Tronox, Ms. Harper led various financial initiatives to
improve cash generation, loan terms and capital allocation, in
addition to managing the financing of a major acquisition for the
company. Prior to joining Tronox, she served as a Product
Group Chief Financial and Business Development Officer as well as
held a broad range of senior financial positions within the Rio
Tinto Group, a global diversified mining and resources group.
Her early career spanned financial positions of increasing
responsibility for such organizations as Gulbrandsen Group, General
Chemical Corporation, Security Bureau and Westinghouse Electric
Corporation.
Ms. Harper holds a Bachelor's degree in Industrial Management
and a Master's in Business Administration, both from
Carnegie-Mellon University. She will join AgroFresh effective
October 3.
About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ:
AGFS) is a global horticultural produce industry leader, providing
a portfolio of innovative products and specialty services to
maintain the freshness, quality and value of fresh produce and
flowers. Its core products include SmartFresh™, the proven
post-harvest freshness protection technology for produce;
Harvista™, the advanced pre-harvest technology for apples and
pears; RipeLock™, the innovative post-harvest quality system for
bananas, and LandSpring™, an innovative pre-planting application
for tomatoes and peppers to reduce transplant stress. AgroFresh
currently operates commercially in more than 40 countries and
employs more than 170 people worldwide. For more information, visit
www.AgroFresh.com.
™Trademark of AgroFresh Inc. ©2016 AgroFresh Solutions, Inc.
All rights reserved.
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, all statements regarding the Company's possible or
assumed future results of operations, including all statements
regarding anticipated future growth, adoption of the Company's
products, business strategies, competitive position, industry
environment, potential growth opportunities and the effects of
regulation. 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 of
increased competition; the ability of the business to grow and
manage growth profitably; 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, which are available at the
SEC's website at www.sec.gov.
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SOURCE AgroFresh Solutions, Inc.