– USA, FL – Kalera AS (OTC: KSLLF | OSLO: KAL), one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, today announced the appointment of Interim CEO Curtis McWilliams as Chairman of the Board of Directors upon the completion of its merger with its subsidiary Kalera S.A., expected in April.
Curtis McWilliams is currently serving as Interim CEO while a search is in progress for a permanent CEO.
“Curtis is the ideal candidate to serve as Chairman of Kalera’s board”, said Board director, Kim Lopdrup. “Curtis has extensive experience in leading the boards of several U.S. public companies and, given his service as Interim CEO of Kalera, he understands Kalera’s story at an intimate level. He has developed strong trust and followership among employees, business partners, and investors.”
About Curtis McWilliams
McWilliams is a veteran executive with over 25 years of experience in finance and Real Estate. He currently serves as Non-Executive Chairman of Ardmore Shipping Corporation (NYSE: ASC), as a Director of Braemar Hotels and Resorts (NYSE: BHR), and as a Director of Modiv, Inc. (NYSE: MDV). In November, he was elected to join Kalera’s board upon the closing of the LuxCo merger which was previously announced. He has chosen not to stand for re-election to the board of Braemar Hotels and Resorts when his current term expires.
McWilliams retired as President and CEO of CNL Real Estate Advisors, Inc. in 2010. He previously served on numerous other boards and held various executive leadership roles including as a Managing Director in the investment banking industry with Merrill Lynch & Co., where he facilitated several major transactions. He earned an MBA with a concentration in Finance from the University of Chicago and a Bachelor of Science in Engineering degree from Princeton University.
“I am very excited about this opportunity. While Kalera offers a portfolio of incredible products and technology, its greatest asset is the knowledge and proven execution the management team contributes to our business. They have an unwavering commitment to achieving our vision of growing the freshest, cleanest, most nutritious leafy greens for people around the globe,” said Curtis McWilliams.
McWilliams was proposed to join Kalera’s board on June 28, 2021; elected to the board on November 1, 2021, with effect from completion of the LuxCo merger; and appointed Interim CEO on December 9, 2021.
About Kalera
Kalera is a vertical farming company headquartered in Orlando, Florida. Kalera uses technology to ensure that more people around the world have access to the freshest, most nutritious, and cleanest products available. It has spent several years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with the Internet of Things, cloud, big data analytics, and artificial intelligence capabilities. Kalera currently operates farms in the US (in Orlando, Florida; Atlanta, Georgia; Houston, Texas, and Denver, Colorado), as well as in Kuwait. Additional farms are under development.
For more information: https://kalera.com/
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