Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”)
("Verde” or the “Company”) is pleased to announce
that Cristiano Veloso has been appointed Chairman of the Board of
Directors (the “Board”) and that Michael St Aldwyn has been
appointed Lead Independent Director of the Board.
Mr. Veloso, Verde’s Founder, President and Chief Executive
Officer, will serve as the Chairman of the Board. The Board is
composed of five independent directors and Mr. Veloso as sole
executive director. The position of Chairman had been vacant since
December 2013.
“Mr. Veloso has been essential in bringing the Company to its
current stage of production and potential expansion, thanks to his
vision, competence, and in depth understanding of the agricultural
market and mining sector. This was clearly witnessed when Mr Veloso
successfully reinvented the Company twice when it faced some of the
world's worst recent crises, both times at a significant financial
and personal sacrifice in favour of the Company and its
shareholders. Therefore, it stood to reason that all five
independent directors would unanimously select Mr. Veloso to serve
as Chairman. On a personal note, over my 40 years career, seldom
have I witnessed this level of leadership and accomplishment
demonstrated by Mr. Veloso when faced with economic adversities.”
said Michael St Aldwyn, Lead Independent Director.
Appointment of Lead Independent Director
Michael St Aldwyn was unanimously elected by all other four
independent directors to serve as Lead Independent Director. He was
selected based on the exceptional breadth of his professional and
corporate governance experience, as well as his strong connections
in global investment markets and his long success record in Latin
America and Brazil. Mr. St Aldwyn has served as a Director on
Verde’s Board since 2018.
As Lead Independent Director, Mr. St Aldwyn will assume the
duties and responsibilities of that position, appraising the
performance of the Board Chair, serving as an intermediary between
the Chair, the Board and Verde's stakeholders. Mr. St. Aldwyn will
also oversee the best practices of corporate governance at the
corporate and Board level." I gracefully accept the choice of my
fellow independent directors to serve as Lead. I look forward to
representing the interests of all stakeholders as our Company moves
forward at an ever-accelerating pace”, said Mr. St Aldwyn.
Mr. St Aldwyn worked in Brazil from 1973-1979. Between
1979-1989, he was responsible for Latin American markets when at
the New York office of ED&F Man and moving to London from
1989-1994 still with ED&F Man, an agricultural commodities
trader with over 7,000 staff spread across 60 countries started in
1783. Mr. St Aldwyn then established his own company, 1994-2010,
dedicated to the promotion of hedge funds. He also served as
Chairman of the Anglo Brazilian Society from 1996-2002 and as a
Director of BlackRock Latin American Investment Trust from
1996-2017. He is currently Chairman of Itacaré Capital Investment
Ltd. He is fluent in Portuguese and in 2017 he completed a master's
degree at King’s College London in “Brazil in Global
Perspective”.
Mr. Veloso, President and CEO, commented: “On behalf of
management and our shareholders, I congratulate the Board on its
excellent choice of Mr. St. Aldwyn as Verde’s Lead Independent
Director. In this position he will add even further oversight and
efficiency to corporate strategy and governance. As for my election
as Chairman, it is an honour to continue to serve the Company and
its Board in this position. Though it will not carry any added
voting power nor remuneration of any sort, I will apply all my
competence and best efforts to serve as Chairman and sole member of
Verde’s management on its Board.”
Composition of the Board Committees
The Company announces that the Board has updated the composition
of the Audit, Compensation, and Corporate Governance and Nominating
committees that, in observing the best practices of corporate
governance, are solely comprised of independent directors.
The following independent directors have been appointed to the
respective Board Committees:
Audit Committee
- Renato Gomes (Chairman)
- Getúlio Fonseca
- Michael St Aldwyn
Compensation Committee
- Getúlio Fonseca (Chairman)
- Renato Gomes
- Michael St Aldwyn
Corporate Governance and Nominating
Committee
- Michael St Aldwyn (Chairman)
- Renato Gomes
- Paulo Sérgio Machado
Composition of the Board of Directors
The Board consists of six members and is committed to applying a
robust corporate governance framework, drawing on its collective
experience stewarding successful businesses in Brazil and
internationally. The Board members are Cristiano Veloso (Chairman),
Alysson Paolinelli, Getúlio Fonseca, Michael St Aldwyn, Paulo
Sérgio Machado and Renato Gomes.
Cristiano Veloso
Mr. Veloso earned a certificate in Sustainable Business Strategy
from Harvard Business School (USA), he holds a Master’s Degree from
the University of East Anglia (UK) and a Bachelor of Laws Degree
from the Federal University of Minas Gerais (Brazil). Cristiano has
nearly two decades of experience and knowledge in the agricultural
and mineral sectors. Cristiano leads Verde as an innovative company
which seeks to revolutionize global production of food through
sustainable technologies.
Alysson Paolinelli
Mr. Paolinelli is the President of the Brazilian Association of
Corn Producers (“Abramilho”). Mr. Paolinelli held positions
such as the Brazilian Minister of Agriculture, President of the
National Confederation of Agriculture, President of Minas Gerais
State Bank, Congressman, Secretary of Agriculture for Minas Gerais
State, and Professor and Dean of Lavras University. In 2006 he was
awarded the World Food Prize. Mr. Paolinelli has been nominated for
the 2021 Nobel Peace Prize.
Getúlio Lamartine Fonseca
Mr. Fonseca is a senior economist with over 40 years of
government and consulting experience in the Brazilian resource,
electrical and power generation sectors. Since 1990, Mr. Fonseca
has been employed by GL Consultoria Ltda. as a consultant to the
Brazilian resource, electric and power generation industries. In
that role, Mr. Fonseca has assisted businesses such as Bank of
Montréal, Samarco Mineração S.A., Klabin S.A., Alcoa Inc., KLM
Aerocarto B.V., Construtora Norberto Odebrecht S.A., Acesita S.A.
and Dow Corning Corporation with major projects in Brazil.
Michael St Aldwyn
Mr. St Aldwyn worked in Brazil from 1973-1979. Between
1979-1989, he was responsible for Latin American markets when at
the New York office of ED&F Man and moving to London from
1989-1994 still with ED&F Man, an agricultural commodities
trader with over 7,000 staff spread across 60 countries started in
1783. Mr. St Aldwyn then established his own company, 1994-2010,
dedicated to the promotion of hedge funds. He also served as
Chairman of the Anglo Brazilian Society from 1996-2002 and as a
Director of BlackRock Latin American Investment Trust from
1996-2017. He is currently Chairman of Itacaré Capital Investment
Ltd. He is fluent in Portuguese and in 2017 he completed a master's
degree at King’s College London in “Brazil in Global
Perspective”.
Paulo Sergio Ribeiro Machado
Mr. Machado was a former executive at Vale and has spent his
career developing and operating large mining projects. From 1988 to
2002, Mr. Machado was the General Manager of Vale’s Igarapé Bahia
Gold Mine, at the time the largest gold producer in Latin America,
where he was responsible for implementation, operation and
decommissioning. Between 2002 and 2006 Mr. Machado was the Director
for all iron ore mines in the central region of Minas Gerais state,
overseeing management and operations of mining activities, plants
and railway terminals. Mr. Machado was also a director of CEMIG,
one of the largest power generators and distributors in Brazil and
Subsecretary of Mines and Energy for Minas Gerais state from 2007
to 2014.
Renato Gomes
Mr. Gomes is co-Founder & President of Pix Force, ranked as
Brazil’s number one artificial intelligence startup, He is also
co-Founder and a Board Director of Graphite Company of the
Americas, which is developing a graphite mine and processing plant
in Brazil. Mr. Gomes holds a degree in electronics and a law degree
both from the Federal University of Minas Gerais (Brazil), a
master's degree from the London School of Economics (U.K.) and a
doctorate from Georgetown University (U.S.A.). Mr Gomes is a
qualified solicitor in New York, Portugal and Brazil.
Anywhere office policy
Since March 2020, in light of the impending Covid pandemic, all
of the Company’s employees that are not directly required for
mining and production have been working under an anywhere office
policy. The experience has been a success, with average
productivity unperturbed by the arrangement and high overall
employee satisfaction and engagement. Verde still maintains its
physical office, which employees can use at their convenience.
Considering this positive experience, the Company has decided to
make the shift permanent.
Moreover, with the adoption of the anywhere office policy, the
Company has been able to recruit talent from all over Brazil, today
already represented by professionals based in over 40 different
cities. To maximize its hiring policy, Verde has adopted artificial
intelligence based psychological appraisal of candidates to ensure
that new professionals are working in the best position for their
personality, experience and motivation.
“The long-term commitment to an anywhere office policy has
allowed Verde to attract unimaginable talent to the Company and to
be competitive when attracting new talent that would usually have
favoured other companies. The result was the independent award of
Great Place to Work and triple digit growth in the workforce in
2020, both strong endorsements to this work policy. On a personal
note, at all levels we can see benefits, in my case, for example,
the anywhere policy has allowed me to carry out in day as many
video conference calls with customers that it would have taken me a
week to meet in person. Declared, President and CEO, Cristiano
Veloso.
The anywhere office policy has been implemented across the
Company, allowing employees work remotely from anywhere across the
globe during the pandemic, but also in a post-Covid scenario.
Investors Newsletter
Subscribe to receive the Company’s monthly updates at:
http://cloud.marketing.verde.ag/InvestorsSubscription
The last edition of the newsletter can be accessed at:
http://bit.ly/InvestorsNL-February2021
Q4 and FY 2020 Results Conference Call
The Company will host a conference call today, Wednesday, April
7, 2021 at 11:00 pm Eastern Daylight Time (4:00 pm British Summer
Time), to discuss Q4 and FY 2020 results and provide an update.
Subscribe using the link below and receive the conference details
by email.
Date:
Wednesday, April 7, 2021
Time:
11:00 am Eastern Daylight Time (4:00 pm
British Summer Time)
Subscription link:
http://bit.ly/VerdeAgriTech--Q4-FY-2020
The Company’s full year and fourth quarter financial statements
and related notes for the period ended December 31, 2020 are
available to the public on SEDAR at www.sedar.com and the Company’s
website at www.investor.verde.ag/.
About Verde AgriTech
Verde AgriTech promotes sustainable and profitable agriculture
through the development of its Cerrado Verde Project. Cerrado
Verde, located in the heart of Brazil’s largest agricultural
market, is the source of a potassium-rich deposit from which the
Company intends to produce solutions for crop nutrition, crop
protection, soil improvement and increased sustainability.
Cautionary Language and Forward-Looking
Statements
This news release contains “forward-looking information” and
“forward-looking statements” (collectively, “forward-looking
statements”) within the meaning of the applicable Canadian
securities legislation. The Cautionary Language and Forward-Looking
Statements can be accessed at this link.
www.investor.verde.ag | www.supergreensand.com |
www.verde.ag
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210407005365/en/
Cristiano Veloso, President & Chief Executive Officer
Tel: +55 (31) 3245 0205; Email: cv@verde.ag
Verde Agritech (TSX:NPK)
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Verde Agritech (TSX:NPK)
過去 株価チャート
から 12 2023 まで 12 2024
