Debra Edwards Retires; Carmen Tiu Joins with Extensive Risk and Regulatory Expertise
American Vanguard® Corporation (AVD), a leading manufacturer and marketer of innovative solutions for the agriculture industry in the areas of crop protection and nutrition, turf and ornamental management, and commercial pest control (the “Company”), announced that Debra Edwards is retiring from the board of directors and has therefore resigned. Ms. Edwards has been on the Board since 2011, having served as Chair of the Compensation Committee, as well as on the Risk and Finance Committees. Ms. Edwards commented, “I have enjoyed my time on the Board of American Vanguard and I’ve learned so much. I believe this is an exciting time for the Company and I look forward to monitoring its progress under newly appointed CEO, Dak Kaye.”
Scott D. Baskin, Lead Director of the Board, stated, “We thank Debra for her distinguished service on our board over the past 13 years. Her knowledge of regulatory matters was invaluable, and we’re grateful to have had someone of her caliber serving on our Compensation, Finance and Risk Committees. We will miss Debra – the person – as well as the knowledge and counsel she provided.”
To fill the vacancy left by Ms. Edwards’ retirement, the Board appointed Carmen Tiu (pictured), effective December 11, 2024. Ms. Tiu will serve on the Risk and Finance Committees. She has extensive experience in the agriculture industry, having joined Dow AgroSciences in 1987 and served at its successor company Corteva AgroSciences in roles of increasing responsibility until earlier this year, primarily in regulatory strategy, food standards, risk, and government affairs.
Mr. Baskin continued, “We are excited to have Carmen join our board. Her deep technical knowledge, evidenced by 30+ scientific publications, 70+ scientific reports and hundreds of regulatory submissions, will bring further knowledge to Board discussions. Also, given her business background, we expect her to bring valuable expertise in the area of strategic business initiatives, such as transformation. We look forward to working with Carmen to help American Vanguard grow to new heights.”
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. Over the past 20 years, through product and business acquisitions, the Company has expanded its operations into 21 countries and now has over 1,000 product registrations in 56 nations worldwide. Its strategy rests on three growth initiatives – i) Core Business (through innovation of conventional products), ii) Green Solutions (with over 120 biorational products – including fertilizers, microbials, nutritionals and non-conventional products) and iii) Precision Agriculture innovation (including SIMPAS prescriptive application and Ultimus measure/record/verify technologies). American Vanguard is included on the Russell 2000® and Russell 3000® Indexes. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.
The Company, from time to time, 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 and are 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 from time-to-time 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.
CONTACTs
Company Contact
American Vanguard Corporation
Anthony Young, Director of Investor Relations
anthonyy@amvac.com
(949) 221-6119
Investor Representative
Alpha IR Group
Robert Winters
Robert.winters@alpha-ir.com
(929) 266-6315