Local Bounti announced two exceptional appointments to its leadership team. Biotech veteran Kathleen Valiasek has assumed the role of Chief Financial Officer and food industry innovator Mark Nelson has joined the Company’s Board of Directors.
“We are thrilled to welcome Kathy and Mark to the exceptional Local Bounti leadership team, particularly at this pivotal time as we expand both our facilities and our business,” said Local Bounti Co-Founder and Co-CEO Craig Hurlbert. “Their extensive experience and full support of our company’s mission and vision will help to propel our growth as we continue to nourish local communities safely, responsibly and sustainably.”
“I am thrilled to join the Local Bounti team, whose fervent focus on unit economics is proving to be a winning formula poised to reap significant benefits for our customers and stakeholders,” said Valiasek. According to Nelson, “The passion, ingenuity and extraordinary vision of the Local Bounti management is what immediately drew me to the team, and I look forward to contributing to Local Bounti’s impressive blueprint for business growth and value creation at this pivotal time in the company’s trajectory.”
Nelson – who recently retired as CFO and Treasurer of Beyond Meat, Inc. after successfully leading the company’s initial public offering in May 2019 – brings more than 30 years of leadership experience to Local Bounti, spanning both finance and operational roles in the technology, food and beverage, medical device and energy markets. Previously, he served as SVP and CFO of Biolase, Treasurer and CFO of Farmer Bros., and VP and Chief Accounting Officer at Newport Corporation.
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