AgroFresh Solutions, Inc. ("AgroFresh" or the "Company") (Nasdaq:
AGFS), a global leader in produce freshness solutions, today
announced several appointments to its senior leadership team that
are intended to position the Company for consistent, profitable
growth and to further drive the Company's diversification
strategy.
"Following on our commitment to deliver
consistent and profitable growth, we recently bolstered our
leadership team with several new hires who have seasoned experience
to drive a more disciplined execution cadence. I’m
excited to add some new capabilities and deeper expertise
in key roles to our Company," commented Clint Lewis, Chief
Executive Officer. "We have also reorganized our teams to align
with and bring focus to our growth through diversification
strategy. These four new leaders — including two new roles and
two filling existing roles — bring abundant experience and
expertise to help us achieve our objectives. Beyond their
technical skills, each new leader also brings an ability to coach,
develop talent and to ensure we embed deeper institutional
capabilities in the areas of commercial excellence, R&D
excellence and business development excellence to further advance
our organic and inorganic growth activities. Together, we
believe that these new colleagues working with our broader
team will be instrumental in helping
us realize our goal of driving consistent,
profitable growth as the main lever in delivering greater and
long-term shareholder value."
New Chief Commercial Officer Role to
Drive Commercial Excellence and Deeper Customer
Engagement
Mike Hamby, Chief Commercial Officer – In this
new role for the Company, Mr. Hamby will bring all of the Regional
Sales Teams, Sales Operations, Regional Marketing, Global Product
Marketing and Digital Solutions teams together into a newly created
Global Commercial Division. Mike brings 30 years of experience in
the life sciences and agriculture sectors. He joins AgroFresh from
Boehringer Ingelheim Animal Health (BIAH), where since 2019 he was
the Head of the Animal Health Business in South America. Prior to
this role, Mike was the Vice President of BIAH’s US Pets Business
(2017-2019). Mike joined BIAH in 2015 through the acquisition of
Merial where he held the positions of Head of US Commercial
Operations and Head of US Livestock Division (2015-2017). Before
joining Merial, Mr. Hamby held several commercial roles with Pfizer
and Zoetis (2006 – 2015) ranging from sales, sales management,
marketing and operations across several businesses and species
groups. Mr. Hamby holds a B.S. in Agriculture Business from
California State University, Chico and an M.B.A. from Texas
Christian University.
Chief Technology Officer to Advance Both
Internal R&D and Regulatory Activities and Strengthen Sourcing
of External Innovation
Duncan Aust, Chief Technology Officer & Head
of Research and Development and External Innovation — Effective
August 16, 2021, Dr. Aust will join AgroFresh and lead the
company’s Research & Development, Global Regulatory and
External Innovation activities. He replaces Dr. Ann Beaulieu, who
is retiring. In his career, Duncan has successfully led
international product innovation and development teams towards the
development of over 75 commercialized pharmaceutical, agricultural
and specialty chemical products. He served as Vice President and
Senior Vice President of Research & Development for DFB
Pharmaceuticals, Coria Laboratories and Healthpoint, followed by 10
Years with FMC Corporation leading Global R&D. From 2017, he
headed up FMC’s Biologicals & Plant Health Global R&D
Organization, as well as their EMEA Regulatory & Development
teams. Duncan holds a Ph.D. in Biotechnology from the King's
College London (University of London).
Marketing Leadership to Support Enhanced
Global Commercial Capabilities
Amy Tranzillo, Global Head of Marketing – Ms.
Tranzillo will bring together the Regional Marketing and Global
Product Management Teams to form a newly defined Global Marketing
Organization. Amy is a global marketing leader with more than 20
years of experience in Animal Health and Food & Agriculture
sectors. She recently served as Sr. Director, Global Marketing at
Elanco as the ruminant team lead, where she drove the formation of
global brand campaigns and collaborated with R&D to develop the
innovation strategy. Earlier is her career Ms. Tranzillo spent 17
years at Zoetis (formerly Pfizer Animal Health), where she held
management roles in regional marketing, new product
commercialization, product lifecycle management, global market
research, and marketing communications. Throughout her career, Amy
has consistently delivered go-to-market strategies to drive revenue
growth by successfully launching 10+ new brands into livestock
markets within multiple geographies including USA, EU, Canada,
Australia, Brazil and India. Amy holds a B.S. in Animal Science and
Agriculture Business from the University of Delaware.
New Strategy and Business Development
Role to Augment Diversification Strategy Through External
Opportunities
Bob Barclay, Head of Strategy and Business
Development –In this new role for the Company, Mr. Barclay will be
responsible for defining and executing a global business
development strategy to drive profitable revenue growth that
enhances the Company’s offerings and market position. Bob has 30
years of experience in the life sciences industry with a focus on
agriculture. He joins AgroFresh from Virbac Corporation where since
2019 he was Director of Business Development for VirbacNorth
America. Prior to this, Bob held Business Development roles with
GVL, a veterinary software provider, and Hologic, a leading medical
device organization. Previously, Bob held roles in Marketing and
Business Development with Pfizer and Zoetis (2005-2016). Bob led
transactions licensing or acquiring various technologies, products
and companies across Zoetis’ $5 billion portfolio of business. At
Pfizer Animal Health, Bob led marketing for the industry leading
pain portfolio through its patent expiry and also successfully
defended against new brand entrants. Bob has a B.S. and M.S. in
Animal Science from the University of Illinois and an M.B.A. from
Washington University in St. Louis.
About AgroFresh
AgroFresh (Nasdaq: AGFS) is an AgTech innovator
and global leader with a mission to reduce food loss/waste and
conserve the planet’s resources by providing a range of
science-based solutions, data-driven digital technologies and
high-touch customer services. AgroFresh supports growers, packers
and retailers with solutions across the food supply chain to
enhance the quality and extend the shelf life of fresh produce. The
AgroFresh organization has 40 years of post-harvest experience
across a broad range of crops, including revolutionizing the apple
industry with the SmartFresh™ Quality System for more than 20
years. This is powered by a comprehensive portfolio that includes
plant-based coatings, equipment and proprietary solutions that help
improve the freshness supply chain from harvest to the home. Visit
agrofresh.com to learn more.
™Trademark of AgroFresh Inc.
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,
including all statements regarding financial guidance, anticipated
future growth and profitability, 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; risks associated
with the Company's substantial level of indebtedness; risks
associated with acquisitions and investments; changes in applicable
laws or regulations; conditions in the global economy, including
the effects of the coronavirus outbreak; 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.
Contact:For AgroFresh Solutions, Inc.Jeff
Sonnek - Investor RelationsICR
Inc.Jeff.Sonnek@icrinc.com646-277-1263
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