AgroFresh Announces Two Changes to Board of Directors
09 Fevereiro 2016 - 7:52PM
Business Wire
AgroFresh (NASDAQ: AGFS, AGFSW), a global leader in produce
freshness solutions, announced today that Avenue Capital Group
Chairman, Chief Executive Officer and
Co-Founder Marc Lasry will join the Company’s Board
of Directors, effective immediately. Mr. Lasry will
replace Mark Ein, who has voluntarily
stepped down from his post as an independent
director given his other business and civic
responsibilities.
"Mr. Ein brought a vast array of leadership experiences to our
Board, with a strong track record in M&A and an intimate
understanding of the agrochemical industry. We were fortunate to
have his extensive experience and guidance available to us as we
collaborated on our spin-out from Dow and went through the process
of becoming a public company. He was generous with his time and
counsel, particularly given the breadth of his existing
commitments, and we are sorry to see him leave the Board," said
AgroFresh Chief Executive Officer Tom Macphee.
Mr. Ein is an investor, entrepreneur and philanthropist,
who has created, acquired, invested in and built a series of growth
companies across a diverse set of industries over the course of his
career. He is the Chairman and CEO of Capitol Acquisition 3,
founder of Venturehouse Group, LLC, an investment holding company,
and Chairman of Lindblad Expeditions, a global leader in marine
expedition travel. He is also the Co-Chairman and Principal
Shareholder of Kastle Systems, LLC, one of the country’s leading
providers of electronic security and video systems for the
commercial real estate industry and a member of the boards of
numerous educational and philanthropic organizations.
"I am delighted that Mr. Lasry will be joining our
Board of Directors," Mr. Macphee added, "allowing us to capitalize
on his expertise positioning companies for market leadership.
His intimate understanding of our business and industry will
be valuable as we chart a course toward long-term, sustainable
growth. Marc is well placed to make an immediate impact
on our business, and we look forward to his
contributions."
Mr. Lasry currently serves as the Chairman, Chief
Executive Officer and Co-Founder of Avenue Capital
Group and brings over 32 years of
experience. Mr. Lasry is also a member of the
Council on Foreign Relations, and serves on the Board of Directors
of The Clinton Global Initiative, and the Board of the 92nd Street
Y. He previously served as a member of the Board of Trustees of The
Mount Sinai Medical Center.
The AgroFresh board currently has eight members, of which seven
are considered independent. The board is led by Chairwoman Nance K.
Dicciani, and includes experienced managers with tenure in the
agricultural, chemical and financial industries, and in the growth
of start-up companies.
About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ:AGFS) 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 over 40 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 “will”, “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
anticipated future growth and market position. 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 effects of competition, portfolio
concentration, costs 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, including the quarterly
report on Form 10-Q filed on November 16, 2015 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/20160209006772/en/
AgroFresh Solutions, Inc.Margaret M. Loebl, +1
215-592-2820Executive Vice President and Chief Financial
Officer
AgroFresh Solutions (NASDAQ:AGFSW)
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