American Vanguard Announces Changes in Board of Directors
15 September 2021 - 3:00PM
Business Wire
American Vanguard Corporation (NYSE: AVD) today announced that,
after 15 years of service on its board of directors, Lawrence S.
Clark has submitted his resignation effective on the close of
business on Thursday, December 9, 2021. He will continue to serve
on the board and committees through the next regular meeting of the
board.
To fill the vacancy that will be created by Mr. Clark’s
departure, the Company’s board of directors has appointed Marisol
Angelini to serve on the board effective after the close of
business on Thursday, December 9, 2021. Ms. Angelini served through
2018 in positions of increasing responsibility over 22 years at The
Coca-Cola Company, including in the capacity of VP Marketing in
Brazil, GM and VP of Global Tea/Water Business and Chief Marketing
Officer (of Mexico City and later of Central and Eastern Europe).
Prior to that service, she was Brand Manager for Proctor &
Gamble in Venezuela. Ms. Angelini currently sits on the board of
Bush Brothers & Company (a privately-held food company) where
she serves on the Nominating and Corporate Governance Committee.
She is also a member of the board of NACD (National Association of
Corporate Directors), which is dedicated toward director education
and best practices for public company boards.
Eric Wintemute, Chairman and CEO of American Vanguard, stated,
“We thank Larry for his 15 years of service with American Vanguard.
His background in banking and M&A work has been extremely
helpful to us in carrying out our strategy of growth through
acquisition. He has also provided unfailing leadership in his role
as chair of the Compensation Committee. We will miss him greatly.”
Mr. Wintemute continued, “We are very excited to welcome Marisol
Angelini to our board. She is an accomplished business leader in
the food and beverage industry with particular expertise in
launching new brands. In addition, her linguistic fluency (English,
Spanish and Portuguese) and international experience, especially in
LATAM and Brazil, fit perfectly with our footprint. With this
background, Marisol will be an invaluable resource for us in our
global commercialization of precision application technology (such
as SIMPAS), our carbon credit solutions (led by Ultimus) and our
Green Solutions portfolio. We are also thankful to the Latino
Corporate Directors Association, through whom we recruited Marisol,
and add that her appointment is further demonstration of our
commitment to diversity and inclusion on our board of
directors.”
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. American Vanguard is included on the
Russell 2000® and Russell 3000® Indexes and the Standard &
Poor’s Small Cap 600 Index. 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, the coronavirus pandemic, 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/20210915005174/en/
Company Contact: American Vanguard Corporation William A. Kuser,
Director of Investor Relations (949) 260-1200
williamk@amvac.com
Investor Representative the Equity Group Inc.
www.theequitygroup.com Lena Cati Lcati@equityny.com
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