Apr. 5, 2017
Indigo recently announced the appointment of three new senior executive leaders reporting directly to Chief Executive Officer and Director David Perry. Indigo also announced the appointment of John Gehring, former Chief Financial Officer of Conagra Brands, to its Board of Directors. New team members bring deep and diverse experience, and strengthen the organization capabilities in agriculture, technology, and food.
New members to the Executive Committee
The three seasoned leaders that have joined Indigo's Executive Committee include:
- Paul T. Dacier as General Counsel
- Ponsi Trivisvavet as Chief Operating Officer
- Gerard Keating as Chief Technology Officer
In addition to the executive team new members, John Gehring has joined the company as Board Member and Chair of the Audit Committee. Mr. Gehring most recently served as Chief Financial Officer (CFO) of Lamb Weston Holdings, a nearly $3 billion spin-off of Conagra Brands, Inc. Prior to that, he served as (CFO) of Conagra Brands since 2009. Conagra Brands is an $8 billion company whose best-known brands include Healthy Choice, Hunt's, Slim Jim, Alexia, Blake's, Frontera, Bertolli, P.F. Chang's, and Marie Callender's.
Indigo is a company dedicated to harnessing nature to help farmers sustainably feed the planet. The company utilizes beneficial microbes residing within plant tissues to optimize crop health and improve productivity. Indigo is partnering with twelve research institutions and has tested beneficial microbes on more than ten different crops across three continents in six growing seasons, with trials consistently showing significant yield increases under target stress conditions. The company intends to consider a wide range of stresses, including environmental and biotic stresses. The company's first two commercial products are Indigo™ Cotton and Indigo™ Wheat, both of which improve water use efficiency. Indigo is planning to launch products derived from the plant microbiome in several other crops in 2017. To date, Indigo has closed $156 million in funding. The company is headquartered in Boston, MA, with commercial and customer service based in Memphis, TN. Indigo was founded by VentureLabs, the innovation foundry of Flagship Pioneering, a firm that conceives, creates, resources, and develops first-in-category life sciences companies.