12:05:28 EDT Sat 19 Sep 2020
Enter Symbol
or Name

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Cubicfarm Systems Corp
Symbol CUB
Shares Issued 84,179,714
Close 2019-08-19 C$ 0.80
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Cubicfarm Systems appoints Ericson as director

2019-08-19 10:03 ET - News Release

Mr. Dave Dinesen reports


Cubicfarm Systems Corp. has appointed Chris Ericson to the board of directors.

"I am delighted to welcome Chris to our board," commented Dave Dinesen, chief executive officer and a director of Cubicfarm Systems. "Chris is a wonderful addition to our company and helps to strengthen the existing bond with Nu Skin, which has invested in our technology in connection with its development efforts for ingredient sourcing. Chris has enjoyed a diverse business life, spanning a wide range of experiences and responsibilities in a number of countries. As the current VP [vice-president] of business development with Nu Skin, Chris is responsible for driving long-term value for Nu Skin through the development of strategic business relationships. Cubicfarms looks forward to Chris playing an active role in helping to guide and influence our growth and future development into new markets."

Since joining Nu Skin in 2015, Mr. Ericson has led its global internal audit team as vice-president of internal audit; before that, he served as the director of internal controls. Mr. Ericson also has more than a decade of experience in the professional services group of PricewaterhouseCoopers (PwC), where he advised and worked closely with senior management and leadership teams of multinational, public companies.

Mr. Ericson earned bachelor of science and master of accountancy degrees from Brigham Young University, with minor degrees in Japanese and management of information systems.

"I am very excited to join the board of Cubicfarms as we develop the tremendous opportunities that exist in automated controlled environment agriculture (CEA). Nu Skin and Cubicfarms enjoy an excellent relationship and are working together to drive agricultural sustainability, food security and pure ingredient sourcing," commented Mr. Ericson.

About Cubicfarm Systems Corp.

Cubicfarm Systems is an agriculture technology and vertical farming company that utilizes patented technology to cultivate high-quality produce. The company believes that it can provide a benefit to the world by significantly reducing the physical footprint of farming, shipping costs and associated greenhouse gasses, while significantly decreasing the use of fresh water and eliminating the need for harmful pesticides.

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