Kalera (Euronext Growth Oslo ticker KAL: Bloomberg: KSLLF), one of
the fastest-growing and largest vertical farming companies in the
world and a leader in plant science for producing high-quality
produce in controlled environments, today announced Andrea M. Weiss
as adviser to its Board of Directors. In this role, Ms. Weiss will
work closely with Kalera’s Board of Directors as they prepare the
firm for a future U.S. listing of its stock. She will also be
presented as a candidate for the Board of Directors.
Ms. Weiss is the CEO and founder of The O Alliance, a consulting
firm she founded focused on digital transformation of consumer
product and retail businesses. She is considered a pioneer in
omni-channel and seamless commerce. Her global client base includes
leading brands in Europe, Latin America, Canada and the United
States, as well as global technology and private equity firms.
Prior to founding The O Alliance in 2014, Weiss had a 30 year
career with consumer and fashion industry leaders; including as
Chairman of the Board of Madrid-based, Grupo Cortefiel, S.A. (now
Tendam), Chief Stores Officer of L Brands, President of GUESS Inc.,
and held executive positions with The Walt Disney Company and ANN
Inc.
Presently, Ms. Weiss is member of the Board of Directors of
Cracker Barrel Old Country Store (Nasdaq:CBRL), where she chairs
the public responsibility committee and serves on the audit
committee, RPT Realty (NYSE: RPT), where she is on the compensation
committee and O’Reilly Auto Parts (Nasdaq: ORLY) and Bed Bath &
Beyond (Nasdaq: BBBY) where she is on the audit committees.
Previously, she also chaired the transformation committee at Bed
Bath and Beyond. Her previous public boards, include Nutrisystem,
Pep Boys, GSI Commerce, Chicos FAS and eDiets, and her board
service roles includes chair of nominating/governance and
compensation committees.
In 2019, Ms. Weiss was recognized by Woman, Inc. on their Most
Influential Corporate Directors list and she was named in 2016 to
the NACD prestigious D100 list, recognizing the Top 100 Public
Directors in the USA. She is a NACD Board Leadership Fellow.
“We are thrilled to have Andrea Weiss join the Kalera team,”
said Bjorge Gretland, Chairman. “Andrea is among the elite public
company Directors in the United States and she has extensive
experience with high-growth companies. We are confident she will
add tremendous value.”
Andrea Weiss said, “Kalera makes what the world needs today:
‘cleaner than organic’ leafy greens produced in an exceptionally
sustainable way. I am excited about having the opportunity to
partner with Kalera’s outstanding management team and Board to
achieve the company’s full potential.”
In addition to her aforementioned business experience, Weiss
also has served on numerous civic and non-profit boards, including
as Chairperson of Delivering Good, a US-based 501(c)(3)
organization. Weiss received her BFA in Fine Arts from Virginia
Commonwealth University and her MAS from Johns Hopkins University.
She also did post graduate work at Harvard Business School.
Kalera currently operates two growing facilities in Orlando and
a newly opened facility in Atlanta, and is building facilities in
Houston, Denver, Columbus, Seattle, Minnesota and Hawaii. Kalera is
the only controlled environment agricultural company with
coast-to-coast facilities being constructed, offering grocers,
restaurants, theme parks, airports and other businesses nationwide
reliable access to locally grown clean, safe, nutritious,
price-stable, long-lasting greens. Kalera uses a closed-loop
irrigation system which enables its plants to grow while consuming
95% less water compared to field farming.
Ms. Weiss will join as an adviser to the Board effective
immediately. At a future general meeting of the shareholders she
will be presented as a candidate for the Board of Directors, in
preparation for a potential U.S. listing.
Cautionary Statements
This release contains forward-looking statements. All statements
other than statements of historical fact contained in this release
constitute forward-looking statements, including statements
regarding our planned U.S. listing (and related transactions) and
our business plans.
These statements involve known and unknown risks, uncertainties
and other important factors that may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements.
We have based these forward-looking statements largely on our
current expectations and projections about future events and
financial trends affecting our business. Forward-looking statements
should not be read as a guarantee of future performance or results
and will not necessarily be accurate indications of the times at,
or by, which such performance or results will be achieved.
Forward-looking statements are based on information available at
the time those statements are made and/or management’s good faith
belief as of that time with respect to future events, and are
subject to risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in
or suggested by the forward-looking statements.
About Kalera
Kalera is a technology driven vertical farming company with
unique growing methods combining optimized nutrients and light
recipes, precise environmental controls, and clean room standards
to produce safe, highly nutritious, pesticide-free, non-GMO
vegetables and consistently high quality and longer shelf life
year-round. The company’s high-yield, automated, data-driven
hydroponic production facilities have been designed for rapid
rollout with industry-leading payback times to grow vegetables
faster, cleaner, at a lower cost, and with less environmental
impact.
Kalera Contact:
Bjørge Gretland, ChairmanEmail: bgretland@kalera.com
Daniel Malechuk, CEOPhone: +1 407 574 2382Email:
dmalechuk@kalera.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/abc39a79-9edb-4bbc-a6c0-6a4eb94c090d
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