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CubicFarms Wins Real Leaders 2022 Top Impact Companies Award, and Appoints G. David Cole to the Company’s Board of Directors
Thursday, January 13, 2022Company Profile | Follow Company
Langley, BC, January 13, 2022--(T-Net)--CubicFarm Systems Corp. (TSX:CUB), a leading local chain agricultural technology company, today announced that Real Leaders® has named CubicFarms as one of the newly selected winners of its 2022 Top Impact Companies from around the world.
"Business leaders across the globe are rapidly discovering that to be competitive - and to grow and thrive - they must forgo shortsighted thinking in favor of a farsighted vision that takes into account their company's social and environmental impact," said Mark Van Ness, Founder of Real Leaders. "We are excited to welcome new and old companies alike to the impact movement, and into the Real Leaders Impact Awards community."
The 2022 list features a mix of respected impact brands of all sizes and from a variety of industries, including Traditional Medicinals, Hannon Armstrong, and Ocean Brands, as well as Allbirds, Danone, and Warby Parker.
Dave Dinesen, Chief Executive Officer, CubicFarm Systems Corp.
"We're pleased to be recognized as a purpose-driven company by Real Leaders among many other values-aligned companies," said Dave Dinesen, Chief Executive Officer, CubicFarms. "Our long-term focus on delivering automated indoor agriculture technologies to help farmers keep growing more sustainably has been a huge part of achieving this award. By using our local chain ag-tech to grow indoors in any climate, year-round, farmers can continue growing profitably while minimizing and making better use of our natural resources like water and land."
A virtual ceremony will be held on February 24, 2022, to honour the winners and will feature a keynote from Peter Diamandis, founder and executive chairman of the XPRIZE Foundation and executive founder of Singularity University.
The company also announced today that G. David Cole, a high-profile banking executive, has been appointed to the Company's Board of Directors.
G. David Cole, MBA, is recognized internationally as an accomplished senior financial executive with nearly 40 years of corporate experience in building teams and businesses in a broad range of global markets and economies.
As Vice Chairman of the Enterprise Strategic Client Group at Royal Bank of Canada, Cole has extensive expertise in strategic business growth, capital markets, financial products and client-centric sales and marketing. Known for his strong client focus, high energy level, creativity, demonstrated adaptability, and leadership skills, Cole is a highly respected senior executive, a member of the Institute of Corporate Directors, and a member of multiple boards.
"From the moment I first saw the CubicFarms technologies, I knew I wanted to help this Canadian Ag-Tech company to achieve global market dominance," said Cole. "They are leading a crucially important emerging industry that addresses both food supply chain and climate change issues. I wholeheartedly believe in their purpose to help farmers and communities to grow more with less, locally and sustainably. I connected immediately with the energy, focus, and drive of the CubicFarms leadership team and the vast opportunity in front of us."
An active and experienced board member who gives back to the community, Cole has also been a Board Member of the University of Western Ontario's International Advisory Council since 2017, offering international perspectives to the university's President and Chancellor, and a Board Member of Outward Bound Canada since 2017, a registered charity committed to helping Canadian youth through experiential adventures in the outdoors.
"We're thrilled to welcome David Cole to the CubicFarms Board of Directors and as a member of our Audit Committee," said Dave Dinesen, Chief Executive Officer, CubicFarms. "As in all parts of our business, I pursue opportunities to work with the best and the brightest. David's professionalism and track record of success, coupled with the understanding and view that comes from being Vice Chair at one of the world's largest banks, will be invaluable to CubicFarms as we enter this next stage of growth and expansion. David is an exceptional leader, and we will benefit tremendously from his insights by tapping into his lifetime of experience."
Cole will replace outgoing director Chris Papouras who has served on the Company's board for nearly two years. "We would like to sincerely thank Chris Papouras for his years of service and contributions to the company, especially helping CubicFarms navigate through the uncertain times caused by the COVID-19 global pandemic," said Dinesen.
About Real Leaders
Real Leaders is a membership community for impact leaders with a global media platform dedicated to driving positive change. It's on a mission to unite farsighted leaders to transform our shortsighted world. Founded in 2010, Real Leaders recognized early on that businesses bore a responsibility to be as cognizant of their impact on employees, society, and the planet as they are on their bottom line. Real Leaders is a B Corporation, member of the UN Global Compact, and is independently owned.
About CubicFarms
CubicFarms is a leading local chain agricultural technology company developing and deploying technology to feed a changing world. Its proprietary ag-tech solutions enable growers to produce high quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology, a division of CubicFarm Systems Corp. The CubicFarms™ system contains patented technology for growing leafy greens and other crops onsite, indoors, all year round. CubicFarms provides an efficient, localized food supply solution that benefits our people, planet, and economy.
This release may contain certain "forward-looking statements" or "forward-looking information" under applicable securities laws. Forward-looking terms such as "may," "will," "could," "should," "would," "plan," "potential," "intend," "anticipate," "project," "target," "believe," "plan," "outlook," "estimate," or "expect" and other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on certain key expectations and assumptions made by the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. [ MORE ] |
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