American Vanguard Corp. (NYSE:AVD) announced two changes in its business
development and marketing functions. First, effective July 31, 2015,
Glen D. Johnson, Senior Vice President and Director of Business
Development for the company’s principal operating subsidiary (AMVAC)
will be leaving the company to take on the role of CEO and President at
another company. Mr. Johnson has served AMVAC in his current role for
the past 17 years with a focus on acquisitions, licensing and equipment
development. Eric Wintemute, Chairman and CEO of American Vanguard,
stated, “I will miss Glen both professionally and as a friend and wish
him well on the next chapter of his career.”
Second, effective August 1, 2015, Peter Eilers will be joining AMVAC
Netherlands BV as Global Director of Business Development & Marketing.
Mr. Eilers has over 25 years’ experience with Bayer CropScience (and its
predecessors) where he served as Marketing Director for EMEA, Executive
Head of Bayer CropScience Merger & Acquisitions/Business Development,
and Country Head in various regions, including Poland, the Baltics,
Iberia and Indochina, among other positions. Mr. Wintemute commented,
“We are pleased to welcome Peter Eilers on board. With his extensive
experience in marketing and M&A work internationally, he will fit well
within our strategy to expand our global footprint and will be a welcome
addition to our international team.”
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® & Russell 3000® Indexes and the Standard & Poors Small Cap 600
Index. To learn more about American Vanguard, please reference the
Company’s web site at www.american-vanguard.com.
In its public commentary, the Company 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 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 and other risks
as detailed 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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