AgroFresh Solutions (AGFS) CFO Loebl Resigns; Successor Named

September 27, 2016 6:09 AM EDT

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AgroFresh Solutions, Inc. (Nasdaq: AGFS) announced that chief financial officer Margo Loebl will be leaving the company to pursue other professional interests. She will be replaced by Katherine Harper, a highly experienced financial professional and business leader whose 30-year career has spanned several global public companies. Most recently, Ms. Harper was the CFO of Tronox, a global leader in the mining and production of inorganic minerals and chemicals.

"We are delighted to have someone of Katherine's extensive public company experience join AgroFresh," said Dr. Nance K. Dicciani, chair of the board of AgroFresh and interim co-chief executive officer. "Her track record of transformational leadership, with an emphasis on global operations, cost management and forecasting, as well as strategic planning and execution are the right fit for AgroFresh and our growth priorities."

"We are grateful to Margo for her financial leadership as AgroFresh has transitioned and grown as a public company, including establishing the systems and processes needed for a newly formed company," Dr. Dicciani added. "We wish her the best as she pursues new opportunities."

While at Tronox, Ms. Harper led various financial initiatives to improve cash generation, loan terms and capital allocation, in addition to managing the financing of a major acquisition for the company. Prior to joining Tronox, she served as a Product Group Chief Financial and Business Development Officer as well as held a broad range of senior financial positions within the Rio Tinto Group, a global diversified mining and resources group. Her early career spanned financial positions of increasing responsibility for such organizations as Gulbrandsen Group, General Chemical Corporation, Security Bureau and Westinghouse Electric Corporation.

Ms. Harper holds a Bachelor's degree in Industrial Management and a Master's in Business Administration, both from Carnegie-Mellon University. She will join AgroFresh effective October 3.

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