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Local Bounti Appoints Dane Almassy as Chief Commercial Officer
Prnewswire· 2025-08-13 11:10
Core Insights - Local Bounti Corporation has appointed Dane Almassy as Chief Commercial Officer, effective August 25, 2025, to enhance its leadership team and drive growth [1][2][3] Company Overview - Local Bounti is an innovative indoor agriculture company utilizing patented Stack & Flow Technology® to improve crop yields and unit economics, operating advanced facilities across the U.S. and servicing approximately 13,000 retail locations [5] - The company emphasizes sustainable practices, using 90% less land and water compared to conventional farming, with a mission to provide fresh, locally grown produce [5] Leadership and Experience - Dane Almassy brings over 20 years of experience in the fresh produce and controlled environment agriculture (CEA) sectors, having held senior roles at PepsiCo, WhiteWave Foods, and AeroFarms [2][3] - His expertise includes strategic growth, operational efficiency, and brand development, which will be instrumental in expanding Local Bounti's distribution and customer relationships [2][3] Strategic Goals - Almassy aims to leverage his experience to deepen relationships with strategic retail customers and drive long-term growth, aligning with Local Bounti's commitment to quality and innovation [2][3]
Local Bounti to Release Second Quarter 2025 Financial Results on Wednesday, August 13, 2025
Prnewswire· 2025-08-08 12:00
Core Viewpoint - Local Bounti Corporation is set to release its financial results for the fiscal second quarter on August 13, 2025, indicating ongoing developments in the indoor agriculture sector [1]. Financial Results Announcement - The financial results will be announced before the market opens on August 13, 2025 [1]. - A conference call will be held at 8:00 a.m. ET on the same day to discuss the results and business updates [2]. Conference Call Details - The conference call will be accessible to North American listeners at (877) 514-3623 and international listeners at +1 (201) 689-8768 [2]. - The call will also be available via live webcast on the Company's website and archived for later access [3]. - Telephonic playback will be available until August 20, 2025, with specific dial-in numbers provided for North American and international listeners [3]. Company Overview - Local Bounti is innovating indoor farming through its patented Stack & Flow Technology®, which enhances crop turns and improves unit economics [4]. - The company operates advanced indoor growing facilities across the U.S., servicing approximately 13,000 retail doors [4]. - Local Bounti's sustainable methods use 90% less land and water compared to conventional farming, aligning with its mission to provide fresh, sustainable produce [4].