Kalera Appoints James Leighton as President and Chief Executive Officer

Kalera Appoints James Leighton as President and Chief Executive Officer

12 May 2022 07:50 CEST

ORLANDO, Fla., May 12, 2022- Kalera AS (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, announced today that it has named James Leighton as President and
Chief Executive Officer. Leighton is an accomplished executive with a strong
reputation within the consumer-packaged goods and food industries.

"Jim is a true Level 5 leader with a deep and varied background in leading
companies in the food and CPG sectors. His focus on people and his disciplined
approach to operations and execution will serve Kalera and its shareholders well
in the years to come" said Curtis McWilliams, the current Interim CEO and the
incoming Chairman of Kalera's Board of Directors following its announced merger
with Agrico Acquisition Corp.

As a veteran executive with well over 20 years of leadership roles in CPG and
food industries, Leighton will provide Kalera with strong leadership as the
Company continues to pursue its strategic growth vision. Leighton most recently
served as Chief Executive Officer for Ingham's Enterprise. Founded in 1918 and
listed on the Australian Stock Exchange, Ingham's is the largest poultry
producer in Australia with sales of $1.9 billion. Previously, Leighton served
as President and Founder for 40North Foods, a subsidiary of JBS S.A. established
to create protein-centric brands. He served as Chief Operating Officer, Interim
CEO and Director at Boulder Brands, Inc. where he played a key role scaling the
business and ultimately selling it to Pinnacle Foods. In addition, Leighton
spent seven years at Perdue Farms, including serving as President of the
company's global Food Group. Leighton holds an MBA from the Keller Graduate
School of Management, and a BA in Business Administration and Industrial
Relations from the University of Iowa.

Jim Leighton noted "I could not be more excited to join Kalera at this momentous
time. It is an incredible opportunity to work with a highly-capable team to
create the world's leading company in clean, fresh, locally-grown produce with
the support of the board and the company's various stakeholders. I have quickly
gained an appreciation for the Kalera team's efforts to position the company for
a great future, and I look forward to working with the management team to
further leverage all of our complimentary capabilities."

About Kalera:
Kalera is a vertical farming company headquartered in Orlando, Florida. Kalera
uses proprietary technology and plant and seed science to sustainably grow
year-round, local, non-GMO leafy greens that are nutrient-rich and free of
harmful chemicals or pesticides. 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 (Orlando,
Atlanta, Houston and Denver) as well as in Munich and Kuwait. Additional farms
are in development. More information is available at www.kalera.com.

Media Contact:
Kathleen Komarzec
[email protected]
(616) 916-4092

Investor Relations Contact:
Eric Birge
[email protected]
313-309-9500

More information:
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Source

Kalera AS

Provider

Oslo Børs Newspoint