Elevate Farms Inc. new board members appointment:
Elevate announced the election of Brad Katsuyama and Nikolas Oetker to its Advisory Board with the overwhelming consent of the Board.
Nikolas has a wealth of expertise working with large-scale international food production, from Chinese manufacturing operations to most recently European Marketing.
Brad served as Chairman and formerly as Chief Executive Officer of the Investors Exchange (IEX Group, Inc.), a stock exchange established in 2012 to lessen the effects of high-frequency trading. In September 2016, IEX was established as a US national securities exchange, and Brad served as CEO and is still chairman of the company today.
Amin Jadavji, CEO of Elevate Farms stated: “Elevate has been quietly developing unique scaleable technology in the vertical farming sector aimed at supplying directly into existing distribution channels. With the launch of our first US farm, we expect to quickly accelerate global expansion and pursue our goal of providing high-quality leafy greens to the masses. Both Nikolas Oetker and Brad Katsuyama are exceptionally qualified to help Elevate Farms navigate this path.”
”Nikolas has been with one of the world’s largest private food producers and therefore has great insight into distribution at a global level. His unique expertise in managing food distribution at the largest volumes globally will aid Elevate well as we look to expand our market and make vertical farming a viable option for all.”
With regard to the appointment of Brad Katsuyama, Amin stated: “Brad’s unique story is remarkably portrayed in Michael Lewis’s book Flash Boys: A Wall Street Revolt which, in April, 2014, reached No. 1 on The New York Times Best Seller list. What Brad has managed to accomplish in creating a new, democratized stock exchange, is a triumph. His against-all-odds success and real-world experiences make him a truly wonderful addition to our team as we transition from developing vertical farming technology to scaling global food production operations.”
Image provided by Elevate Farms Inc.