AeroFarms
On a mission to grow the best plants possible for the betterment of humanity, AeroFarms is leading the way for indoor vertical farming and championing transformational innovation for agriculture. A Certified B Corporation and named one of the World’s Most Innovative Companies by Fast Company two years in a row and one of TIME’s Best Inventions in Food, AeroFarms uses its patented, award-winning indoor vertical farming technology to provide the perfect conditions for healthy plants to thrive by taking agriculture to a new level of precision, food safety, and productivity while using up to 95% less water and no pesticides ever, versus traditional field farming. AeroFarms sells its leafy greens products at major partners like Ahold Delhaize, Amazon Fresh, Baldor Specialty Food, Compass Group, ShopRite, Walmart, and Whole Foods Market; and works with strategic partners like AB InBev, Cargill, Hortifrut, and others to help solve unique agriculture supply chain needs.
IR Website: https://www.aerofarms.com/about-us/
Headquarters: Newark, NJ
Content provided by AeroFarms on 2-6-22.
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Summary
We are on a bold mission to grow the best plants possible for the betterment of humanity.
Since 2004, we have been transforming agriculture with people and planet in mind. As a Certified B Corporation, we use the latest breakthroughs in indoor vertical farming, artificial intelligence and plant biology to fix our broken food system and improve the way fresh produce is grown and distributed locally and globally. We have built a proprietary agriculture platform to grow a wide array of products that deliver superior flavor, have better quality and improve nutrition with the most sophisticated levels of traceability and food safety in our industry.
We are farmers. We have pioneered large-scale commercial indoor vertical farming with world class operations to enable local production all year round with elevated traceability from seed to package. To date, we have grown over 550 different varieties of fruits and vegetables, leveraging our deep understanding of plant biology.
We are inventors. We have developed our own cutting-edge growing technology platform and have over 330 invention disclosures. We are constantly innovating and elevating our proprietary mechanical, operating, environmental and biological systems.
We are technologists. Our fully-connected smart farms with sensor network feeds a vast library of data insights, collected over 15 years of operations, giving us the ability to understand plants in ways they’ve never been understood.
Investor Presentation
Recent News
AeroFarms Wins Green Award for Impact
June 23, 2022
AeroFarms is Hiring in Danville, Virginia
Mar 4, 2022
AeroFarms Announces New Tomato Research Partnership with FFAR and University of Florida
Feb 4, 2022
AeroFarms Wins Prestigious Global Prosperity Award
Nov 29, 2021
AeroFarms Breaks Ground on World’s Largest and Most Technologically Advanced Aeroponic Indoor Vertical Farm
Apr 29, 2021
Management Overview
David Rosenberg
Co-Founder and Chief Executive Officer
David serves as Chief Executive Officer and as a member of the Board of Directors of AeroFarms. David is a serial entrepreneur with over 15 years of experience leading Silicon Valley venture capital-backed companies. He dedicates his time to several local and international organizations and served as a member of the World Economic Forum. David co-founded and co-chaired the Young Global Leaders Circular Economy Taskforce and was a member of the Global IoT Council. David was also a member of the U.S. delegation to the B20 Sustainable Food System Taskforce, which advises the G20. In addition, David serves as a member of the board of directors of Aspire, a leader in insect proteins, the EVERY Company, a leader in non-animal-based egg proteins, and a Managing Trustee of New Jersey’s Liberty Science Center, a prominent U.S. interactive science museum. In 2017, David was privileged to co-chair New Jersey Governor Phil Murphy’s Agriculture Transition Committee. David has been honored by the Liberty Science Center as a 2019 Genius Innovator, recognized as Ernst & Young’s (NJ) Entrepreneur of the Year (Food and Beverage) and was named one of the 100 “Most Intriguing Entrepreneurs” at Goldman Sachs’ 2019 Annual Builders and Innovators Summit. In 2008, the WEF recognized David as Technology Pioneer for a nanotechnology company he founded and built and in 2010 as a Young Global Leader. He holds a Master of Business Administration from Columbia Business School and a Bachelor of Arts from the University of North Carolina at Chapel Hill. David competed for the U.S. in fencing where he was a finalist at a World Cup and won three U.S. National Team Fencing Championships and two individual silver medals.
Guy Blanchard
Chief Financial Officer
Guy serves as Chief Financial Officer of AeroFarms. From 2014 to 2016, Guy served as interim Chief Operating Officer and Vice President, Corporate Development of AeroFarms. Prior to serving in his roles at AeroFarms, Guy previously worked as a Senior Vice President at Amonix, Inc., a Managing Director at Fortress Investment Group’s Drawbridge Funds and Vice President of GATX Capital Corporation. Guy holds a Master of Business Administration and a Bachelor of Science in Agricultural and Managerial Economics from the University of California, Davis.
Mark Boyland
General Counsel
Mark serves as Secretary and General Counsel of AeroFarms. Mark has over 30 years of experience providing legal counsel and has served as Head of Compliance at Tata Consumer Products, Of Counsel at DLA Piper LLP (US), and as General Counsel and Vice President of Risk Management and EH&S Regulatory Compliance at Benjamin Moore & Co. Mark also serves as a member of the Board of Directors of Rise Up to Cure Paralysis, Yum Club, and Mr. Privi. Mark holds a Juris Doctor with Honors from The George Washington University Law School and a Bachelor of Arts in Government and Economics from Cornell University.
Roger Buelow
Chief Technology Officer
Roger leads AeroFarms’ business development and strategic partnerships team. As an industry leading LED innovator and Engineering Technologist, Roger brings over 20 years of experience in both government and the private sector. Roger previously served as CTO of Energy Focus leading their R&D, Engineering, and Operations to refit the U.S. Navy with LEDs, develop lights that help regulate sleep cycles, and set the world record for the most efficient solar cell. Roger has been the principal investigator on over a dozen federally funded research contracts spanning military and civilian technologies and holds over 20 patents covering a wide array of technologies. Roger has brought over 50 products from concept, through R&D, into engineering and then onto the open market. He holds a Bachelor of Science in Mathematics and a Master of Science in Systems and Control Engineering from Case Western Reserve University, Cleveland, Ohio.
Gary Cohen
Chief Revenue Officer
Gary serves as Chief Revenue Officer and leads farm development and business growth initiatives including the commercialization of new product categories. Gary joined AeroFarms after 37 years at Becton, Dickinson and Company. After starting in an entry-level marketing position, Gary rose through the ranks to serve in senior level roles, including VP of Marketing, President of two global businesses, and as Executive VP for all medical device businesses and Executive VP of international operations, each representing about half of the company’s revenues. Gary served as Executive VP of Global Health at BD, a role he established, and as President of the BD Foundation. Gary has also assumed responsibilities with organizations such as UNICEF and the CDC. This includes Together for Girls, a multinational partnership to end gender-based violence against girls, the Antimicrobial Resistance Fighter Coalition to combat the threat of “superbugs” resistant to antibiotics and other medications, and the Rutgers Institute for Corporate Social Innovation to educate business school students on how to embed positive social impact into their leadership. Gary holds a Bachelor of Arts and Master of Business Administration from Rutgers University, and previously served on the university’s board of trustees.
MaryAlice Feinstein
Chief People Officer
MaryAlice serves as Chief People Officer with over 20 years of experience in Digital Media/Advertising and IT Consulting. In her 13 years at Google, MaryAlice oversaw major growth and expansion and was responsible for recruiting, training and development, retention as well as a professional development coach in Google’s Career Guru program. Previously, she was a senior recruiter for information technology group CTG and a senior management recruiter for consulting company Keane. In her role as Chief People Officer, MaryAlice oversees all aspects of people and talent operations including recruitment, employment, leadership development, training, performance management, retention, succession planning, organizational development, diversity and inclusion, employee relations, compensation, and benefits administration. She has her Bachelor of Science in Industrial and Labor Relations and Human Resources from LeMoyne College.
Marc Oshima
Co-Founder and Chief Marketing Officer
Marc is the Co-Founder and serves as the Chief Marketing Officer of AeroFarms. Marc is an award-winning marketer with over 20 years of experience in retail, branding, and media. Marc is passionate about increasing access to healthy food and has led marketing for major food retailers. Prior to AeroFarms, Marc held executive roles at Citarella and The Food Emporium. He is also Board Co-Chair of Chefs Collaborative, and a member of the United Fresh Produce Marketing & Merchandising Council. Marc holds a Bachelor of Arts from Columbia College and a Master of Business Administration from Columbia Business School.
Andreas Sokollek
Chief Operating Officer
Andreas serves as Chief Operating Officer of AeroFarms. Andreas came to AeroFarms in 2020 after having served as COO at Schweid & Sons, SVP of Supply Chain and Operations at Chobani, and SVP of Operations for Kraft US Snacks. Andreas’ professional experience in the food industry as an operations and supply chain executive has spanned for more than 29 years including overseeing operations, supply chain, procurement, engineering, research and development, and information technology, leading organizations ranging from 250 to 33,000 employees. He holds a Master of Science in Food Process Engineering from the Technical University of Munich in Germany.
Dane Almassy
Head of Sales
Dane leads AeroFarms’ sales with over 22 years of consumer-packaged goods expertise in strategic selling and negotiation, supply chain and product innovation, category management, and field execution. His journey began on soda trucks during his summers when home from the University of North Carolina, where he played varsity lacrosse and earned a BA in Advertising. After graduating, Dane spent the next thirteen years in the beverage business building and training sales teams, cultivating customer relationships, and setting corporate retail strategy for multiple, billion-dollar beverage brands.
After a decade at PepsiCo, Dane wanted a healthier, more sustainable way to provide flavor and nutrition to the evolving consumer landscape. He pursued his passion for agriculture when he joined the original, organic salad company, Earthbound Farm. Over seven years, he served as a leader, strategist, coach, and brand ambassador for national and international focused agriculture companies including Earthbound Farm, WhiteWave, and Aurora Organic Dairy. He successfully negotiated multi-year strategic contracts with retail partners including Walmart, Aldi, Lidl, and The Fresh Market. Dane’s experience and relationships in agriculture inform his work driving global expansion with AeroFarms.
Stacy Kimmel, Ph.D.
Vice President of Research & Development
Stacy is an experienced strategic and technical leader who leads the AeroFarms Research & Development (R&D) team. With an expertise in food science, Stacy Kimmel has a 23-year track record of success driving innovation to solve business problems and commercializing new food products. With extensive background at Campbell’s Soup Company as the Senior Director of External Innovation & Technology Scouting, and as the Principal Scientist of Food Service Innovation at McCormick & Company, Stacy oversees all R&D at AeroFarms. She graduated from Indiana University of Pennsylvania with a Bachelor of Science in Food and Nutrition Science and Dietetics, and holds a Master of Science in Food Science, from Penn State University, and Doctor of Philosophy in food science. She also holds a graduate certification in Brewing Science from the University of the Sciences in Philadelphia and is a Certified Culinarian from the American Culinary Federation.
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This communication is neither an offer to sell nor a solicitation of an offer to buy, nor a recommendation of any securities of the company mentioned herein.
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