AppHarvest is a public benefit corporation and a Certified B Corp. Our Farms Our Leadership Our Board of Directors Our Farms Morehead, KY 60-Acres Tomatoes Berea, KY 15-Acres Salad Greens Somerset, KY 30-Acres Berries Richmond, KY 60-Acres Tomatoes Central to Our Mission We're within a day's drive of 70% of the population. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. On today's show, AppHarvest Founder & CEO Jonathan Webb talks about AgTech (agriculture tech), the third wave of sustainable infrastructure. Travis joined AppHarvest in 2020 after serving in global communications roles in Paris, Tokyo, and Nashville with the Renault-Nissan-Mitsubishi Alliance most recently as Vice President for Nissan Americas and President of the Nissan Foundation. About Us AppHarvest Paid express lanes grow more popular in once-reluctant South. He has a bachelors degree in business from the University of Kentucky. Coronavirus Tips Working and Protection. Over the last four quarters, AppHarvest's revenue has decreased by 82.9%. AppHarvest competitors include powergrow. Management believes there is substantial doubt about our ability to continue as a going concern, AppHarvest warned investors Nov. 7 in its 10-Q filing for the third quarter of 2022. This report is not for commercial use. Mr. Jonathan Webb is Founder and Chief Executive Officer at AppHarvest, Inc since January 2018 and is its Chairman of the Board. AppHarvest: Building and Nourishing a Community One Indoor - Procore I think were still going to have that AppHarvest story and that AppHarvest name, he said. Gov. Aydanos a proteger Glassdoor verificando que eres una persona real. The four-farm network consists of 165 acres under glass. [1] AppHarvest's greenhouses aim to primarily use sunlight in lieu of LEDs for growing plants hydroponically. Within the massive indoor farms, AppHarvest combines innovative technology with natural resources and farming know-how, "using less to grow more," Jonathan Webb, CEO, tells We First. $20.64 per hour. How Much Does AppHarvest Pay in 2023? (58 Salaries) | Glassdoor area code: (606) 653-6100, (Former Name or Former Address, if Changed Since Last Report). AppHarvest's farms are designed to grow non-GMO, harsh chemical pesticide-free produce using sunshine, 100% recycled . Ci An Appalachian native, he holds a bachelors degree in communications from the University of Tennessee and a masters in communications management from the Newhouse School of Public Communications at Syracuse University. We prioritize direct shipping and reduce transportation fuel by up to 80% compared to produce from Mexico or the U.S. Southwest. Its a technical formula, Eggleton said. positions our company to be a global leader in this industry," said Jonathan Webb, founder and CEO of AppHarvest. Theyre unhappy about the collapse of its stock price, and they allege fraud. [5] For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. an. The bounty -- sold in grocery retailers like Kroger, Publix, For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. AppHarvest is a small internet company based in Kentucky with only 78 employees and an annual revenue of $8.5M. Benefits information is taken from job posted on Indeed. If an emerging growth company, indicate by check mark if the registrant When poorly trained workers could not keep up with the harvest, overripe tomatoes dropped to the ground, where large numbers of gnats swarmed, they said. Loren holds a bachelors degree in accounting from the University of Kentucky and a masters in accounting from the University of Notre Dame. AppHarvest has rounded up $120 million in venture capital, including cash from AOL co-founder Steve Case's Rise of the Rest fund. Common benefits at AppHarvest. las molestias. Gov. He most recently served as Vice President of Finance at Famous Brands International, the parent company of Mrs. Fields and TCBY, and held prior roles at Ernst & Young, Summit Rock Advisors, and FTI Consulting. AppHarvest's flagship 60-acre indoor farm in Morehead, Ky., produces non-GMO sustainably grown tomatoes that are available in more than 1,000 top national grocery stores and food service outlets. Jonathan Webb is Chairman/CEO/Founder at AppHarvest Inc. See Jonathan Webb's compensation, career history, education, & memberships. Investors Dig Into AppHarvest | The Motley Fool - Nasdaq Jonathan Webb is the Founder & CEO at AppHarvest. Vance, although Vance quit as he became more controversial during his Republican campaign for the U.S. Senate in Ohio. Communications Officer. Of this total $250,000 was received as a salary, $1,500,000 was received as a bonus, $0 was received in stock options, $31,282,077 was awarded as stock and $55,782 came from other types of compensation. Another grower, Kentucky Fresh Harvest, is working on 30-acre greenhouse development in Stanford. The company blames supply chain-related delays in opening three new farms. Associated Press. selling tomatoes from the flagship Morehead greenhouse. Its also removing two top executives as part of a restructuring that will cost up to $7 million in severance payments. AppHarvest Founder|CEO Jonathan Webb will lead the Indoor Ag-Con keynote , "How Tech In Farming Can Build A Resilient Food System," on Feb 28, 2022 at 11 am Jonathan Webb. Note: We do not offer technical support for developing or debugging scripted downloading processes. AppHarvest, the ambitious Morehead-based produce company that planned to open twelve huge, high-tech, indoor farms across Central Appalachia by 2025, told investors last month that its running out of cash. In re: AppHarvest Securities Litigation, U.S. District Court, Southern District of New York In reality, they said, many of the tomatoes grown in Morehead fell short of the USDA Grade No. Support strong local journalism by subscribing today: courier-journal.com/graces. The Companys named executive officers are eligible to participate in the Cash Incentive Plan, The problems are fixable, AppHarvest President David Lee said. For more information, contact opendata@sec.gov. In February 2017, encouraged by investors, advisers, and politicians of both parties, Jonathan left Washington and came home to Eastern Kentucky to start a new kind of farm and to turn Appalachia into the AgTech capital of America. "We see this as a couple-decade. "The facility itself is really living while the plants are living," explains Jonathan Webb, AppHarvest's CEO. POLL QUESTION: Which team will win the Boys Basketball 12th Region Tournament? Departing the companys executive offices this month are President David Lee, formerly of Impossible Foods, and Chief Operating Officer Julie Nelson, formerly of PepsiCo. The combined company will be led by Jonathan Webb, AppHarvest's Founder & Chief Executive Officer. Lamentamos Six Dodge Challenger Hellcats stolen off local Don Franklin car lot, Cooper Center up for sale but current residents not gone just yet, Local musician Trammell an 'American Idol' hopeful, Fiscal Court grapples over Sheriff Deputies' pay, Pulaski County overcomes slow start, takes down Titans in opening round of regional tourney, Ay, There's the Rub (and Sauce): Baney's Bangin' BBQ is a sweet success story for Jones, Frozen assets: Money raised from skating rink goes to good cause, Girls' 12th Region Hall of Fame class and All-Region Teams announced. As far as to your question of where well be in 25 and 26, weve kind of cut out the long-term discussion of the company. But I would say if you let the past be a predictor of the future, we started with absolutely nothing two and a half years ago and weve built eight million square feet of stuff. See the latest outages from Kentucky Utilities, Blue Grass Energy and more, My favorite reporter is back: Familiar face returns to Lexington TV news, Flash flooding, tornadoes possible Friday in Lexington. Insider Sales APPH / Appharvest Inc - Short Term Loss Analysis. Help us make this company more transparent. Jonathan is an entrepreneur and the founder and CEO of AppHarvest (@appharvest), a company that is helping to turn his dream of a high-tech farming hub in Appalachia into reality. 02/21. AppHarvest's mission statement is "We're building a sustainable, homegrown food supply that's accessible to all, all year long.". company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange You may also find the annual proxy statement by going directly to the company's website. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. The suits cite the eyewitness accounts of six unnamed confidential witnesses who allegedly held different jobs inside AppHarvest during 2021. Loren joined AppHarvest in 2019, bringing more than 13 years of experience in finance and accounting. All proxy statements are public filings made available to the general public by the SEC. AppHarvest CEO envisions 'couple-decade journey' after going public JONATHAN WEBB: Yeah, we really don't think we need to be raising prices for the consumer much above kind of where we're at now. You can help Wikipedia by expanding it. Committee of the Board (the Committee) adopted an Employee Cash Incentive Plan (the Cash Incentive . AppHarvest named finalist for 2022 SXSW Innovation Awards ", "What Will the Rise of Giant Indoor Farms Mean for Appalachian Kentucky? Jonathan Webb | Speaking Fee, Booking Agent, & Contact Info | CAA Speakers Inquire below to book Jonathan Webb Founder & CEO, AppHarvest Entrepreneurs Founders / CEOs Climate Change & Sustainability Innovation Science & Technology What's Next? Kentucky native and University of Kentucky graduate Jonathan Webb is turning his dream of a high-tech farming hub in Appalachia into reality with AppHarvest. Exchange Act of 1934, Date of Report (Date of earliest event reported): In just the last few years, Braidy Industries failed to build an aluminum mill near Ashland despite $15 million in state investments and EnerBlu dropped plans for a battery plant in Pikeville. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. envie um e-mail para verdade. Jonathan Webb - Founder & CEO @ AppHarvest - Crunchbase Person Profile Winds light and variable.. A clear sky. Net sales from 8.6 million pounds of tomatoes were $3.1 million, an increase of $800,000 from this year's first quarter. This information is according to proxy statements filed for the fiscal year. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. "This startup is going to put one of the world's largest sustainable greenhouses in coal country", "Could the biggest greenhouse in the US be the future of farming? Winds light and variable. Jonathan Webb | Speaking Fee, Booking Agent, & Contact Info - CAA Salary Company Earnings; Sep 30 2022: n/a: n/a-US$172m Company leadership on the call said the profits from selling tomatoes from the flagship Morehead greenhouse were lower because the prices of tomatoes hit a 10-year low in May and the quality of the tomatoes was lacking. Pursuant to the AppHarvest projects $350 million to $400 million in net sales in 2025. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. AppHarvest CEO Jonathan Webb has given dozens of interviews to promote the company. While we more than doubled production from our first quarter, we have a moment in time opportunity to create more long-term shareholder value by doubling down on investments that help us reduce risk going forward by developing and deploying our leading technology, and operational best practices for CEA, and enhancing our brand power by launching value-added products next year, Lee said. Thank you for your interest in the U.S. Securities and Exchange Commission. Nous sommes dsols pour la gne occasionne. AppHarvest CEO Jonathan Webb speaks with Yahoo Finance reporter Julie Hyman at the SXSW about tech innovation in the farming space and the future of the industry. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. AppHarvest has 78 employees, of which 30 are in a leadership position. Liz Moomey is a Report for America Corps member covering Eastern Kentucky for the Lexington Herald-Leader. to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant is an emerging growth It's about finding the next way to not just grow food, but to grow food in a sustainable way.". Real-time updates and all local stories you want right in the palm of your hand. AppHarvest is in the internet software & services industry. Working At AppHarvest: Employee Reviews And Culture - Zippia It's more about for us, as a company, making sure that we can build and operate facilities at the price point that's available. AppHarvest says it never misled anyone. Jonathan Webb - Meaningful Business Community You have to say, Gee, do you have today the cash on hand to get through the next 12 months? And if you dont, you need to insert this language into your SEC filing., In the end, its possible that AppHarvest itself, not just a farm, could be acquired by a larger company, Webb said. Founded by Jonathan Webb, the company aims to use Kentucky's central geographic location to reduce carbon emissions, delivering produce to Midwest and East Coast markets. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Gov. More news:UPS has a new facility in Louisville to distribute coronavirus supplies for FEMA. While acknowledging the headwinds it has faced, AppHarvest says it accurately explained its financial condition and the risks to investors. AppHarvest has certainly turned heads, Quarles said. Celebrities on the board of directors included lifestyle entrepreneur Martha Stewart and investor and Hillbilly Elegy author J.D. Before founding AppHarvest, Jonathan worked with the U.S. Department of Defense on one . questo messaggio, invia un'email all'indirizzo The investment pool focuses on promising technology and new. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Tony has served as a consultant in the CEA sector and is a board member of the Fruit & Vegetable Dispute Resolution Corporation, a non-profit that sets standards for the trade of fresh fruits and vegetables in Canada. AppHarvest discloses 'substantial doubt' about its future While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. AppHarvest has generated much positive news coverage for itself since incorporating in 2018. EPS of -$0.30 beats by $0.01 | Revenue of $5.16M (124.62% Y/Y) misses by $236.00K AppHarvest, Inc. ( NASDAQ: APPH) Q1 2022 Earnings Conference Call May 3, 2022 4:30 PM ET Company Participants. Today on Work In Progress, Sophia is joined by Jonathan Webb (@webbjonathan). AppHarvest Founder and CEO Jonathan Webb, a solar industry veteran, knew he had to do something to help his hometown community. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. Nelson lasted 15 months. AppHarvest acquired Root AI, an agricultural robotics and artificial intelligence company that helps manage high-tech indoor farms, in April to collect data while harvesting. Woodland Wine Merchant Sylvan Park Town Haul Rewind: Jonathan Webb, Founder of AppHarvest By Amy Koonin Taylor, Marketing Content and Media Manager, April 13, 2021 On a quest to revolutionize the agricultural and social landscape of Eastern Kentucky, Jonathan Webb has his work cut out for him. MT. Jonathan Webb (@JonathanWebbky) | Twitter Appharvest, Inc. : Change in Directors or Principal Officers (form 8-K) AQ. To raise the necessary capital for its next 12 months an estimated $85 million to $95 million AppHarvest hopes to sell its 15-acre Berea farm to its distributor, Mastronardi Produce Limited, and then lease back the facility.
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