Business
Board Appointments
Board Appointments.
About this update from Agronomics Limited
[{"type":"text","content":"\n \nRNS Number : 7447A Agronomics Limited 31 May 2019 \n\n31 May 2019\nAgronomics Limited \n(\"Agronomics\" or the \"Company\")\nBoard Appointments\nThe Board of Agronomics, the AIM quoted company investing in the Life Sciences sector with a concentration on environmentally friendly alternatives to the traditional production of meat and plant-based nutrition sources, is pleased to announce the appointment of Richard Reed and David Giampaolo as Independent Non-Executive Directors to the Board with immediate effect. Richard Reed is also appointed as Non-Executive Chairman in succession to Jim Mellon who will remain on the Board as a Non-Executive Director. \nDenham Eke, Director comments:\n\"I am delighted to welcome both Richard Reed and David Giampaolo to Agronomics as Independent Non-Executive Directors, and to welcome Richard Reed as Non-Executive Chairman of the Board. Richard's extensive experience, initially within Innocent Drinks and latterly as a venture capitalist, makes him the ideal candidate to take on this role. I am confident that under his stewardship the Company will deliver shareholder value as we transition from biopharma into an investing company with a clear focus on alternative food technology. David not only has an extremely successful background in health and fitness, but also as an entrepreneur with extensive connections which makes him a significant addition to our Board.\"\n \nRichard Reed, incoming Non-Executive Chairman, commented:\n \n\"I am really pleased to have joined Agronomics as your new Chairman. I fully appreciate the importance for growth companies to clearly communicate the investment story not only to the current investor base but also to future investors who will support the development of the Company. There are many exciting prospects ahead for us and, as Chairman, I intend to work closely with the Board to help deliver shareholder value by securing the Company's position in providing access to opportunities in the alternative food sector.\"\n \nRichard Reed\n \nRichard Reed, CBE is a businessman, investor and entrepreneur. He is the co-founder of Innocent Drinks, an international company producing fresh fruit smoothies and vegetable pots sold in various outlets around the world, the majority of which was sold to Coca-Cola for more than US$ 500 million. Ri...