GlobeNewswire by notified

Curtis McWilliams Elected as Chairman of Kalera


ORLANDO, Fla., March 25, 2022 (GLOBE NEWSWIRE) -- Kalera AS (“Kalera” or the “Company”) (Euronext Growth Oslo: KAL, Bloomberg: KSLLF), 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 that Curtis McWilliams will become Chairman of the Board upon the completion of its previously announced merger with its Luxembourg subsidiary Kalera S.A. (the "LuxCo merger"), which is expected to be completed in April. McWilliams is currently serving as Interim CEO of Kalera while Heidrick & Struggles continues to make progress in its search for a permanent CEO. That search is progressing well. McWilliams will relinquish his Interim CEO role once the permanent CEO is in place.

“Curtis is the ideal candidate to serve as Chairman of Kalera’s board”, said Kim Lopdrup, a Kalera Director. “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.”

“I am very excited about this opportunity,” said McWilliams. “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.”

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 a number of 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.

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.

Lopdrup was previously proposed and elected as Kalera’s next Chairman, but he has informed Kalera’s Board that some recent personal developments will make it impossible for him to continue giving Kalera the time and attention the company needs and deserves. Lopdrup said, “I have greatly enjoyed my time on Kalera’s Board. The company grows the best leafy greens I have ever tasted. They are ultra-fresh, ultra-clean and ultra-sustainable. The employees are amazing, too. I am sad that I will not be able to actively participate in the next phase of the Company’s journey, but I will continue to cheer the team on as they implement their exciting plans and will forever be a loyal customer.”

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 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. More information is available at

Media Contact:
Kathleen Komarzec
(616) 916-4092

Investor Relations Contact:
Eric Birge

To view this piece of content from, please give your consent at the top of this page.
To view this piece of content from, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

GOGL - Mandatory notification of trade by primary insiders19.5.2022 22:30:00 CEST | Press release

Eligible option holders in Golden Ocean Group Ltd (the “Company”) have today exercised share options in accordance with the terms previously announced. Ulrik Uhrenfeldt Andersen, CEO, has exercised 300,000 share options and subsequently sold 300,000 shares. Following the exercise, Mr. Andersen holds 250,000 share options. Peder Simonsen, CFO, has exercised 75,000 share options and has subsequently sold 75,000 shares. Following the exercise, Mr. Simonsen holds 200,000 share options and 500 shares. Please see the attached forms for notification and public disclosure of transaction attached for details. This notification has been publicly disclosed in accordance with Article 19 of the Market Abuse Regulation section 5-12 of the Norwegian Securities Trading Act. Attachment GOGL - Disclosure of transaction by PDMR

Brunel AGM 202219.5.2022 18:30:00 CEST | Press release

Amsterdam, 19 May 2022 – Brunel International N.V. (Brunel; BRNL), a global provider of flexible workforce solutions and expertise, today announced the voting results of the Annual General Meeting of Shareholders (AGM) of 19 May 2022. The AGM approved all voting items that were on the agenda. The shareholders adopted the financial statements for the 2021 financial year and approved the proposal to distribute a dividend of € 0.45 per share for the 2021 financial year. The dividend, less 15% dividend withholding tax, will be made payable as of 15 June 2022 at ABN AMRO Bank N.V. in Amsterdam. The shares will be quoted ex-dividend on the stock exchange of Euronext Amsterdam as of 23 May 2022. The record date is 24 May 2022 after closing of the stock exchange. Peter de Laat is reappointed as a member of the board of directors for a new term of four years. At the close of the meeting Mr Jan Arie van Barneveld, retired from the supervisory board after having served on the supervisory board fo

Scandinavian Tobacco Group A/S: Share buy-back programme increased to up to DKK 1,000 million19.5.2022 18:15:00 CEST | Press release

Company Announcement No. 35/2022 Copenhagen, 19 May 2022 Share buy-back programme increased to up to DKK 1,000 million The Board of Directors of Scandinavian Tobacco Group A/S has decided to increase the DKK 700 million share buy-back programme that was initiated 10 March 2022 (see company announcement 16/2022) by DKK 300 million. Consequently, the on-going share buy-back programme now has a value of up to DKK 1,000 million. As of 19 May 2022, Scandinavian Tobacco Group had purchased shares of a total value of DKK 128 million under the programme. Prior to the expansion of the share buy-back programme, Scandinavian Tobacco Group A/S holds a total of 1,338,431 treasury shares, corresponding to 1.44% of the total share capital. The purpose of the share buy-back programme remains to adjust the Group’s capital structure and meet obligations relating to the Group’s share-based incentive programme. The Board of Directors intends to propose to the annual general meeting in 2023 that the shares

Scandinavian Tobacco Group A/S reports Q1 results, maintains guidance for 2022 and presents revised Sustainability Strategy19.5.2022 18:15:00 CEST | Press release

Company Announcement No. 34/2022 Copenhagen, 19 May 2022 Interim report, 1 January - 31 March 2022 Scandinavian Tobacco Group A/S reports Q1 results, maintains guidance for 2022 and presents revised Sustainability Strategy For the first quarter of 2022 Scandinavian Tobacco Group delivered 2% negative organic net sales growth and 3% negative organic EBITDA growth in line with the previously communicated expectations for the quarter. The guidance for the full year of an organic EBITDA growth in the range of 0-6% is maintained. The uncertainty related to key assumptions like consumer behaviour, cost inflation and supply-chain stability remains high. The current share buy-back programme is increased by DKK 300 million to reach up to DKK 1,000 million reflecting the strong financial position of Scandinavian Tobacco Group. Consumer demand for handmade cigars in the US remained robust in the quarter though with signs at the end of the quarter of a return to the structural declining volume tre

KBC Group: Publication of transparency notification(s) received by KBC Group NV19.5.2022 18:00:00 CEST | Press release

Press release Outside trading hours – Regulated information* Brussels, 19 May 2022, 18h00 Publication of transparency notification(s) received by KBC Group NV (art. 14, 1st section of the Act of 2 May 2007 concerning the disclosure of significant participations) Summary of the notification(s) KBC Group NV has received a transparency notification on 18 May 2022, which states that FMR LLC holds 3.32% of voting rights in KBC Group, based on’ voting securities’ and ‘financial instruments that are treated as equivalent to voting securities’ combined (compared to 3.01% in the previous notification dd. 6 September 2018). That is the sum of 2.72% for voting securities (compared to 3.01% in the previous notification) and 0.60% for financial instruments that are treated as equivalent to voting securities (compared to 0% in the previous notification). Content of the notification(s) The notification(s) contain(s) following information: Reason for the notification(s): acquisition or disposal of vot