35-Year Agribusiness Veteran to Strengthen Agronomy Team & Support Market Entry into New Crops
Roseville, MN – December 3, 2019 – Calyxt, Inc. (NASDAQ: CLXT), a plant-based technology company focused on healthy food ingredients, has appointed Vince Restucci in a newly created role as Vice President of Agronomy Services to support the expansion of Calyxt’s grower network and Identity Preserved System.
Mr. Restucci has a diverse background in purchasing, marketing and technical expertise across farming, consumer packaged goods, food, and agribusiness environments, making him a versatile addition to help steer the Calyxt agronomy team. His vast experience will guide our growing list of strategic agronomy partners to improve the quality of crops, increase yield and address questions related to chemistry and stewardship practices.
“We expect Vince, with his deep agribusiness knowledge, to have a positive impact in helping us to grow not only our first commercial product, High Oleic Soybean, but also expansion to new crops including wheat, hemp and alfalfa,” said Manoj Sahoo, Chief Business Development and Supply Chain Officer with Calyxt. “As a well-respected and driven agribusiness leader, Vince will tap into and expand our grower relationships. We believe this strategy will strengthen our initiative to double contracted acres year over year as already evident with our 2020 contracted acreage goal of100,000 acres versus 36,000 planted acres in 2019,” concluded Sahoo.
Vince brings more than 35 years of agribusiness, refining and CPG experience to Calyxt. Most recently with R.D. Offutt Company, he served as Director of Procurement & Business Technology where he was responsible for managing crop production inputs on 48 separate farming locations where he oversaw field technology and precision agriculture activities. He previously held positions with J.R. Simplot Company, Western Refining and Miller Brewing Company. Mr. Restucci obtained his Bachelor of Science in Marketing from the University of Alabama at Birmingham and his MBA from the Keller Graduate School of Management in Scottsdale, Arizona. He served in the U.S. Army as a Chief Warrant Officer and a Medical Evacuation Helicopter Pilot.
Calyxt (NASDAQ: CLXT), based in Roseville, Minnesota is a plant-based technology company that utilizes our patented breeding technology to make the food you love a healthier choice. The care we take extends beyond nutritional value. We partner with farmers and food companies to deliver traceable plant-based products developed to be healthier and more sustainable than their conventional counterparts. We use cutting edge plant breeding techniques to develop products that help improve diets by reducing bad fats, allergens and toxins. Today oil from our high oleic soybean plants has lower saturated fats than commodity soybean oil. We are also developing high fiber wheat designed to provide an excellent source of daily fiber when incorporated into wheat-based foods. We continuously pursue innovation to deliver good food that is good for you. For further information, please visit our website at www.calyxt.com.
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For further information, please contact:
Trina Lundblad, Director of Corporate Communications
Phone: +1 (612) 790-0514
MZ Group – MZ North America