Business
EY Honors Vital Farms President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award Winner
AUSTIN, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Ernst & Young (EY) has honored Vital Farms’ (Nasdaq: VITL) President & CEO Russell Diez-Canseco as an
About this update from Vital Farms, Inc.
[{"type":"text","content":"AUSTIN, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Ernst & Young (EY) has honored Vital Farms’ (Nasdaq: VITL) President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award winner. Entrepreneur Of The Year is the preeminent awards program for entrepreneurs and leaders of high-growth companies celebrating “the bold leaders who disrupt markets, revolutionize industries and transform lives.” The award recognizes many different types of leaders including original founders, transformational CEOs, and multigenerational family business leaders. Diez-Canseco was selected by an independent judging panel made up of previous award winners, leading CEOs and other business leaders. Candidates were evaluated based on their ability to create long-term value through entrepreneurial spirit, commitment to their purpose and the demonstration of growth and substantial impact, among other key indicators. “This acknowledgment reflects the work the entire Vital Farms team does to further our purpose—to improve the lives of people, animals, and the planet through food—while remaining committed to our entrepreneurial roots as we continue scaling a world-class organization,” said Russell Diez-Canseco, President & CEO, Vital Farms. “Thank you, EY, and congratulations to all the inspiring leaders recognized for positively impacting their respective industries and stakeholders.” Diez-Canseco believes his greatest contribution to Vital Farms is scaling a high-performing organization and world-class Board of Directors while cultivating a strong, values-driven culture. Since joining Vital Farms as VP of Operations in 2014, he has helped the company build and expand its award-winning egg washing and packing plant, Egg Central Station in Springfield, Missouri, grow its network of family farms from 50 to over 300 farms, recruit hundreds of talented crewmembers, and drive consistent, volume-driven net revenue growth to $471.9M in 2023 from approximately $28.7M in 2014. In his role as President & CEO since 2019, he led Vital Farms through its successful initial public offering in 2020 and he has shaped the company’s long-term goals including reaching at least $1 billion in net revenue by the end of 2027. As a Gulf South award winner, Diez-Canseco is now eligible for the Entrepreneur Of The Year 2024 National Awards. The National Award winn...