02:37:56 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Clean Seed Capital Group Ltd
Symbol CSX
Shares Issued 58,218,500
Close 2018-11-05 C$ 0.42
Market Cap C$ 24,451,770
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Clean Seed Capital Group appoints Walker as director

2018-11-06 09:10 ET - News Release

Mr. Graeme Lempriere reports

JIM WALKER, FORMER CASE IH VICE PRESIDENT OF NORTH AMERICA, JOINS CLEAN SEED BOARD OF DIRECTORS

Jim Walker, former CASE IH vice-president and former AGCO Corp. vice-president of sales and marketing, has joined Clean Seed Capital Group Ltd.'s board of directors.

Mr. Walker is a distinguished leader in the agricultural equipment business, with extensive experience in prominent senior leadership positions. Most recently, Mr. Walker was vice-president of the North American agricultural business for CASE IH, a $26-billion global manufacturer and distributor of agricultural equipment, employing an approximately 63,000 employees.

Mr. Walker directed all CASE IH agricultural activities in the United States and Canada, achieving a significant increase in trading profit from 2006 to 2013 from a duel approach of delivering market share gains in the core product lines while managing costs.

Prior to joining CASE IH in July, 2006, Mr. Walker served as the vice-president of sales and marketing, North America, of AGCO, a $7.4-billion global manufacturer and distributor of agricultural equipment employing approximately 19,000 employees. Mr. Walker directed 50-per-cent growth in revenues from 2004 to 2006 while reducing the distribution network by 50 per cent and consolidating 23 AGCO brands into a handful. Previous to AGCO, he held a similar position with Claas Corp., where he successfully developed Claas's combine and hay tool business for North America. Mr. Walker also spent 10 years with Deere and Co., where he helped build, support and train its professional dealer network.

Mr. Walker stated: "After being directly involved in the leadership of various North American agriculture equipment manufacturers over the last 40 years, the opportunity to join the Clean Seed board of directors is a natural evolution for my career. The fact that Clean Seed has global aspirations and is involved in specialty products that are technology driven is exciting to me. I have great confidence in the management team and am aligned with their vision for the company. I look forward to playing an active and meaningful role with the team and particularly, in the commercialization of the business."

Graeme Lempriere, chairman and chief executive officer, stated: "As we drive towards closing the acquisition of Harvest International Inc., it is my distinct pleasure to welcome Jim Walker to our board of directors. Jim's depth of knowledge, network and proven track record is of immense value to our organization. His insight to the industry and hands-on commitment to our team dovetails perfectly with our current business plan."

Steve Larocque will be stepping down from the board of directors to make room for Mr. Walker's appointment. The Clean Seed board of directors and executive team would like to take this opportunity to thank Mr. Larocque for his unwavering support and years of service to the board. Mr. Larocque played an important role during the development of the company's technologies. Clean Seed is privileged to have his continual contributions through his role as an adviser.

About Clean Seed Capital Group Ltd.

The comapny's CX-6 Smart Seeder is a revolutionary seeding tool that utilizes the unique synergy of sophisticated electronic metering and intuitive software control putting row-by-row six-metre variable-rate technology at the forefront of agricultural innovation. The company's innovations create a new class of highly accurate seeding equipment designed specifically for today's farmer.

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