AppHarvest has appointed Patrick T. Halfmann, CFA, to the AppHarvest Board of Directors as a director of the company and as a member of both the audit committee and the sustainability committee effective immediately.
Halfmann is a partner at the investment firm, Inclusive Capital, and is currently a director of Noodle Partners and GreenStruxure. He has been working with AppHarvest since mid-2019 supporting the Inclusive Capital investment in the company.
“I believe Patrick’s deep experience with high-growth companies and public company investing, combined with insights in ESG [environmental, social and governance], will support the company’s continued focus on scalable and sustainable growth,” said AppHarvest President and Board Member David Lee. “I expect Patrick’s institutional knowledge and continuity will be key advantages as the company forges a path to positive operating cashflow and brings three new farms online this year working to generate long-term shareholder value.”
“I look forward to working actively with the company’s inspired leadership team and board to continue to position AppHarvest as a leader in the burgeoning field of controlled environment agriculture,” said Halfmann.
Halfmann fills a board seat vacated by Jeff Ubben, Founder & Managing Partner of Inclusive Capital, who is rotating off the board. “Jeff’s leadership and expertise helped us lay a solid foundation for building a resilient business as we remain in hypergrowth mode expanding the farm network this year,” said Jonathan Webb, Founder & CEO of AppHarvest.
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