Thursday December 20, 2018 0 comments
DENVER -- Cool Planet, an agricultural technology company focused on sustainable agricultural solutions, today announced multiple changes to its board of directors intended to strengthen the company's focus on soil health technology development and to support growing commercial momentum.
The company said it appointed Rik Miller, former president of DuPont Crop Protection, as chairman of its board of directors. He replaces Howard Janzen in the chairman role. Janzen, the ex-CEO of Cool Planet, will remain on the board.
The company is also adding a new director, Dr. Dwight Armstrong, former CEO of National FFA Organization and VP of the Global Group at Provimi. Armstrong replaces Dennis Weibling, who resigned from the board to facilitate the change to a heightened agricultural-focused board.
All board changes go into effect immediately.
Since joining Cool Planet's board of directors in 2017, Miller has been a valuable strategic leader, the company said. His experience helped guide the company's strategic growth plan, research and development investment, and sales and marketing strategy for its soil health product-line, Cool Terra® as well as the company's emerging seed germination / early plant establishment and biological delivery technologies.
"Rik brings tremendous credibility and strategic vision to our board of directors, and when coupled with his successful background at DuPont in developing and launching globally relevant ag products, he is a natural fit to be chairman of our board," said Jim Loar, Cool Planet CEO.
"Rik's leadership comes at an exciting time in our company's history as we ramp up production to fulfill growing customer demand for Cool Terra and continue to develop and prepare for the launch of our exciting new biological delivery and seed germination technologies."
Armstrong is the former CEO of National FFA, with experience at animal nutrition company Provimi leading the operations and acquisitions of multiple nutritional brands.
Armstrong will help progress Cool Planet's agribusiness partnerships and further develop its animal nutrition / probiotic technology product line, Cool Fauna™, the company said.
"Cool Planet takes an innovative, science-based approach to research and development that is progressive and provides growers and producers tools that result in a more productive, profitable, and sustainable future," said Armstrong.
"I'm excited to join this exceptional team and help them reach more producers with their transformational technology."
The company announced in July, 2018 that it had closed $20M in funding to fulfill growing customer demand for Cool Terra and allow the company to begin construction of its commercial production facility in Alexandria, LA.
The funding will also help the company continue to invest in the R&D and commercialization of its Engineered Biocarbon™ technology for other diverse agriculture sectors such as soil health, animal nutrition, biological delivery, and seed germination / early-plant establishment.