American Vanguard Announces Retirement of COO
May 29 2024 - 4:05PM
Business Wire
American Vanguard Corporation (NYSE: AVD) today announced that,
after 35 years in the agrochemical industry, Executive Vice
President & Chief Operating Officer, Bob Trogele, will be
retiring effective May 31, 2024. Mr. Trogele joined the company’s
principal operating subsidiary, AMVAC, in January 2015 to focus on
growing the business across multiple product lines and geographies,
achieving greater profitability, and establishing a pipeline of
future opportunities through innovation and strategic
relationships.
Chairman & CEO, Eric G. Wintemute stated, “Bob’s tenure at
AMVAC has been marked by remarkable achievements and steadfast
dedication. His vision and expertise have been instrumental in
setting the company’s trajectory. During his time at the company,
AMVAC expanded its international product and distribution presence,
completed 22 acquisitions, launched its Green Solutions portfolio
of biologicals, and expanded the SIMPAS® application system to
include SIMPAS-applied Solutions™ and ULTIMUS® technology.
Following Bob’s successful efforts on expanding our company and
broadening product and technology portfolios, we are placing near-
and mid-term emphasis on transforming our global operations into an
efficient engine for growth and profitability.”
Following his retirement, Mr. Trogele plans to remain involved
in global agribusiness as an independent board director, investor
and entrepreneur.
About American Vanguard
American Vanguard Corporation is a diversified specialty and
agricultural products company that develops and markets products
for crop protection and management, turf and ornamentals management
and public and animal health. Over the past 20 years, through
product and business acquisitions, the Company has expanded its
operations into 21 countries and now has over 1,000 product
registrations in 56 nations worldwide. Its strategy rests on three
growth initiatives – i) Core Business (through innovation of
conventional products), ii) Green Solutions (with over 120
biorational products – including fertilizers, microbials,
nutritionals and non-conventional products) and iii) Precision
Agriculture innovation (including SIMPAS prescriptive application
and Ultimus measure/record/verify technologies). American Vanguard
is included on the Russell 2000® and Russell 3000® Indexes. To
learn more about American Vanguard, please reference the Company’s
web site at www.american-vanguard.com.
The Company, from time to time, may discuss forward-looking
information. Except for the historical information contained in
this release, all forward-looking statements are estimates by the
Company’s management and are subject to various risks and
uncertainties that may cause results to differ from management’s
current expectations. Such factors include weather conditions,
changes in regulatory policy and other risks as detailed from
time-to-time in the Company’s SEC reports and filings. All
forward-looking statements, if any, in this release represent the
Company’s judgment as of the date of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240529752974/en/
Company Contact: American Vanguard Corporation Anthony Young,
Director of Investor Relations (949) 260-1200
anthonyy@amvac.com
Investor Representative: The Equity Group Inc.
www.theequitygroup.com Lena Cati Lcati@equityny.com
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