AgroFresh Solutions,Inc. (NASDAQ:AGFS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 6, 2017, Peter Vriends informed AgroFresh Solutions, Inc. (the “Company”) of his intention to resign as Vice President and Global General Manager of the Company. Mr. Vriends has advised the Company that he has accepted a position with a business that is not competitive with the Company. Mr. Vriends is expected to remain with the Company through August 31, 2017 to assist with transition matters. Mr. Vriends’ decision to resign as Vice President and Global General Manager was not the result of any disagreement with the Company.
About AgroFresh Solutions,Inc. (NASDAQ:AGFS)
AgroFresh Solutions, Inc., formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology. SmartFresh is naturally biodegradable and leaves no detectable residue, which has significant consumer appeal. SmartFresh allows growers and packers to deliver just harvested freshness on a year-round basis. An integral part of the SmartFresh sales process is the AgroFresh Whole Product offering, which is a direct service model that provides customers with on-site applications of SmartFresh at their storage facilities combined with advisory services. The Company operates in approximately 40 countries.