Benson Hill Appoints Richard Mack to Board of Directors
16 Giugno 2023 - 1:01PM
Business Wire
Agriculture Industry Executive Brings Nearly
Three Decades of Experience to Benson Hill Board
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”),
a food tech company unlocking the natural genetic diversity of
plants, today announced that it has appointed Richard Mack as an
Independent Director to the Company’s Board of Directors, effective
immediately. Mr. Mack will serve on the Board’s Audit and Risk
Committee and Compensation Committee. With his appointment, the
Board will comprise nine directors, seven of whom are
independent.
Mr. Mack brings nearly 30 years of leadership experience to the
Benson Hill Board. Mr. Mack previously served as Executive Vice
President and Chief Financial Officer of The Mosaic Company, a
global leader in the crop nutrient industry and a Fortune 500
company. Mosaic was formed through the spin-off and merger of
Cargill Inc.’s fertilizer business units with IMC Global Inc. in
2004, which Mr. Mack served as a founding executive.
“Rich is a highly respected industry executive with a record of
building and growing companies in the agribusiness industry. We are
pleased to welcome him to the Benson Hill Board,” said Daniel
Jacobi, Chairman of the Benson Hill Board of Directors. “We look
forward to benefiting from his deep experience and expertise in
finance and advancing strategic initiatives. We are confident that
he is well suited to support our Board and guide the management
team in executing our strategic goals and delivering value for
shareholders.”
Mr. Mack said, “I am honored to join the Benson Hill Board and
help the Company in its efforts to disrupt the traditional
agriculture industry and promote sustainable farming practices.
Benson Hill is an innovative company, and I admire how the Company
uses its proprietary technology and unique model to empower its
farmer partners, ingredient food manufacturers and retailers to
promote sustainable food for consumers on a global scale. I look
forward to working alongside the Board to help position Benson Hill
to deliver on its mission to create shareholder value by making
food that is better from the beginning.”
About Richard Mack
Richard (Rich) Mack is an experienced, entrepreneurial business
executive with significant expertise in the finance and
agricultural industry.
He was a founding executive of The Mosaic Company, holding
various senior executive posts from its formation in 2004 until he
left the Company in 2018 as its Executive Vice President and Chief
Financial Officer. Under his leadership at Mosaic, Mr. Mack oversaw
business operations in eight countries with over 10,000 employees
and was instrumental in overseeing and developing the company’s
corporate strategy, finances, and key operational and employee
matters. Mr. Mack was also the founder and visionary of Streamsong
Resort. Prior to his tenure at Mosaic, Mr. Mack served as corporate
counsel to Cargill, Inc., an international producer and marketer of
food, agricultural, financial, and industrial products and
services, and was a co-founder of Cargill’s corporate venture
capital arm. Mr. Mack currently serves on the board of directors of
Titan Machinery Inc., the largest global dealer of Case IH and New
Holland agriculture and construction equipment, and H.J. Baker and
Bros., LLC, a global sulfur trading and logistics company.
Mr. Mack received an M.B.A. from Northwestern University’s
Kellogg School of Management, a J.D. from Hamline University and a
B.S. from Moorhead State University.
About Benson Hill
Benson Hill moves food forward with the CropOS® platform, a
cutting-edge food innovation engine that combines data science and
machine learning with biology and genetics. Benson Hill empowers
innovators to unlock nature’s genetic diversity from plant to
plate, with the purpose of creating nutritious, great-tasting food
and ingredient options that are both widely accessible and
sustainable. More information can be found at bensonhill.com or on
Twitter at @bensonhillinc.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements generally relate to future events or the Company’s
future financial or operating performance and may be identified by
words such as “may,” “should,” “expect,” “intend,” “will,”
“estimate,” “anticipate,” “believe,” “predict,” or similar words.
These forward-looking statements are based upon assumptions made by
the Company as of the date hereof and are subject to risks,
uncertainties, and other factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. These forward-looking statements
include, among other things, statements regarding the execution of
the Company’s business plan, the appointment of a director to the
Company’s Board, and the director’s activities on the Company’s
Board. Factors that may cause actual results to differ materially
from current expectations and guidance include, but are not limited
to: risks associated with the Company’s execution of its executive
leadership transition, including, among others, risks relating to
maintaining key employee, customer, partner and supplier
relationships; and other risks and uncertainties set forth in the
sections entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in our filings with the SEC, which are
available on the SEC’s website at www.sec.gov. Nothing in this
press release should be regarded as a representation by any person
that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved, including without
limitation, any expectations about our operational and financial
performance or achievements. There may be additional risks about
which the Company is presently unaware or that the Company
currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. The reader should not place undue reliance on
forward-looking statements, which speak only as of the date they
are made. The Company expressly disclaims any duty to update these
forward-looking statements, except as otherwise required by
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230616560309/en/
Investors: Ruben Mella: (314) 714-6313 / rmella@bensonhill.com
Media: Christi Dixon: (636) 359-0797 / cdixon@bensonhill.com
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