jonathan webb appharvest salary

to Section 13(a) of the Exchange Act. 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. 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. AppHarvest's (APPH) CEO Jonathan Webb on Q1 2021 Results - Earnings Call Transcript May 17, 2021 12:38 PM ET AppHarvest, Inc. (APPH) SA Transcripts 128.21K Follower s Play Earnings Call. 1 quality required by Mastronardi for distribution to Kroger, Wendys and other national retailers, so they were rejected. When Webb gave optimistic interviews, such as describing the good, healthy, consistent supply of tomatoes, that was not fraud by any legal definition, the company said. , except that Jonathan Webb, the Company's Chief Executive Officer, is not eligible to participate for the 2021 performance period. Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Heres some tips to shelter at home and stay safe, Lexington doctor took part in Medicare fraud of more than $28 million, indictment says, Kentucky man who died at W. Va. coal mine was thrown from bulldozer as it rolled. AppHarvest competitors include powergrow. Job Title. AppHarvest Founder & CEO Oct-2014 to Feb-2017 Archetype USA Contract Support (U.S. Army Office of Energy Initiatives) Jan-2010 to Oct-2014 Simple Choice Solutions Managing Director Competencies Crop Market Platforms (Agtech) Other Edit Jonathan WebbAchievements and Recognitions Add Milestone No milestones has been recorded for Jonathan Webb Edit Emily joined AppHarvest in 2022, bringing nearly 10 years of experience in human resources. A headliner event at the February 28 - March 1, 2022 edition of the trade show and conference for the indoor . While AppHarvest made optimistic statements throughout the inaugural 2021 harvest season, behind the scenes, it struggled with hiring, training, production and produce quality at its farm growing tomatoes in Morehead, the suits allege. Plan, the participant must generally remain employed and in good standing with the Company through the date of payment. Jonathan Webb, CEO, AppHarvest: AgTech Farming for Our Planet's Future Outside In with Charles Trevail Business Amid the verdant rolling hills of central Kentucky, in the heart of Appalachian coal country, you'll find 60 acres of a massive, glass-encased structure. AppHarvest is a sustainable food company in Appalachia developing and operating some of the worlds largest high-tech indoor farms with robotics and artificial intelligence to build a reliable, climate-resilient food system. 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. AppHarvest has generated much positive news coverage for itself since incorporating in 2018. The winners in each of the 13 categories, plus additional honors, will be awarded at the 24th annual SXSW Innovation Awards on Monday, March 14, 2022. ein Mensch und keine Maschine sind. Insurance. The Kentucky-based company went public in February, joining Nasdaq at APPH. "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? The first AppHarvest tomatoes were delivered to grocery stores last year. 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. AppHarvests farms are designed to grow produce using sunshine, rainwater and up to 90% less water than open-field growing, all while producing yields up to 30 times that of traditional agriculture and preventing pollution from agricultural runoff. The employee data is based on information from people who have self-reported their past or current employments at AppHarvest. AppHarvest eventually expects expects to deliver to 25large grocery chains from Atlanta to New York, as well as those as far west asSt. Louis and Chicago. Were releasing the race cars onto the track, but were still kind of in ramp-up mode on the race cars, he said. More news:UPS has a new facility in Louisville to distribute coronavirus supplies for FEMA. Facility Coordinator. Communications Officer. naar So yeah, were actively having conversations with CEOs, with investors, with partners, with anyone who wants to partner with us here in Kentucky and to help make our mission succeed.. Help us make this company more transparent. Appharvest has nearly 700 workers as of this month, he said. AppHarvest has rounded up $120 million in venture capital, including cash from AOL co-founder Steve Case's Rise of the Rest fund. For the second quarter of 2021, net sales were $3.1 million, an increase of $0.8 million from the first quarter of 2021, when AppHarvest began its inaugural harvest and launched as a public company. prorated for any partial months of service, with the first payment being retroactive to January 29, 2021. Sign up now to get our FREE breaking news coverage delivered right to your inbox. 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. The Cash Incentive Plan provides This story was originally published August 12, 2021, 2:46 PM. AppHarvest board member Martha Stewart teaching AppHarvest Founder & CEO Jonathan Webb her No-Knife Pasta recipe using fresh AppHarvest tomatoes grown in the company's 60-acre high-tech farm in Morehead, Ky. AppHarvest is now commercially shipping tomatoes from its third harvest season to top national grocers, food service outlets and restaurants through its distributor, Mastronardi Produce. Als u dit bericht blijft zien, stuur dan een e-mail Dutchfarms now grow up to 30 times more fruits and vegetables on a single acreindoors compared to oneacre outdoors, while slashing water usage by 90%. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The pandemic has only amplified the need for long-term planning for food and energysustainability, Webb said, and it's clearly resonating. each annual performance period, the Committee will determine achievement of the Company and individual performance goals. Si continas viendo este mensaje, What to know, Are you prepared for a tornado? Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). AppHarvest is ranked #71 on the Best Companies to Work For in Kentucky list. The investment pool focuses on promising technology and new companies in middle America, which Case has argued are too often passed over in favor ofSilicon Valley and East Coast tech hubs. He was Presid Show more, Mr. Jonathan Webb is Founder and Chief Executive Officer at AppHarvest, Inc since January 2018 and is its Chairman of the Board. CHECK AVAILABILITY AT A GLANCE VIDEOS BIOGRAPHY TOPICS RELATED CHECK AVAILABILITY Jonathan Webb BROWSE Yes, we had a challenge of hiring 400 people and training them and hitting the yield, not only the yield, but the quality, Webb said. AppHarvest said it is partnering with Mastronardi Produce to form FarmCom, which will build, buy and operate new high-tech greenhouses and expand production throughout the U.S. AppHarvest will contribute $10 million in cash. The Dutch government already was aware of AppHarvest's work because Philips, a Dutch LED contractor, won a $15 million contract to provide lighting at the 400-acre development. AppHarvest expected to sell $20 million to $25 million this year but have scaled back their targets to $7 million to $9 million. AppHarvest also held a telethon raising nearly $1.3-million to help with flood relief. She replaced COO Marcella Butler, who was demoted in April 2021 after five months and terminated four months later. AppHarvest is in the internet software & services industry. All proxy statements are public filings made available to the general public by the SEC. For more information, please see the SECs Web Site Privacy and Security Policy. The company became publicly listed after a merger with special purpose acquisition company Novus Capital Corp in 2020. Have you worked at AppHarvest? In order to receive an award under the Cash Incentive Webb attributed the quality problems to scaling up the Morehead facility to 400 employees. AppHarvest may also be known as or be related to APPHARVEST, INC., AppHarvest, AppHarvest, Inc, AppHarvest, Inc. and Appharvest, Inc. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Si continas recibiendo este mensaje, infrmanos del problema AppHarvest's farms are designed to grow non-GMO produce using . Many of the challenged statements are inactionable puffery, the company said. Winds light and variable.. A clear sky. 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. 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. of Directors (the Board) of AppHarvest, Inc. (the Company) adopted and approved Share prices nosedived from more than $30 in February 2021, when the company went public on the NASDAQ exchange, to about $1.20 this week. [8] [9] Live updates: Historical windstorm blows in. Projected net sales for 2022, which the company set at $24 million to $32 million earlier this year, have been revised downward to $14 million to $17 million, or barely half the original sum. AppHarvest is pausing its plan to build a dozen indoor farms. "What we're doing here has really caught the attention of people around the world.". Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The Companys named executive officers are eligible to participate in the Cash Incentive Plan, The foregoing description I mean, look at GM, for example, and all the different auto brands inside of GM. How has Jonathan Webb's remuneration changed compared to AppHarvest's earnings? AppHarvest ( APPH) CEO Jonathan Webb said the company has its eyes on the long term as it looks to "institutionalize" controlled environment agriculture (CEA). 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Based on our data team's research, Jonathan Webb is the AppHarvest's CEO. Overall, the goal is to create an ecosystem similar to what's been developed over decades in the Netherlands' greenhouse industry. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. 02/24. Is the biggest greenhouse in the U.S. the future of farming? CNN asked in its feature on the company last year. Prior to his work with Nissan, Travis held public relations leadership roles at General Motors, Ally Financial, Pulte Homes and Lockheed Martin. Andy Beshear, Sen. Hal Rogers, and AppHarvest CEO Jonathan Webb spoke during a groundbreaking ceremony at the site of AppHarvest's new facility in Somerset, Ky., Monday, June 21, 2021. [1] AppHarvest's greenhouses aim to primarily use sunlight in lieu of LEDs for growing plants hydroponically. He has a bachelors degree in business from the University of Kentucky. The country wasravaged and starved by food shortages after World War II, and it's spent decades engineering its own sustainable food supply. has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. I dont even believe it yet. 11th Region shocker dethrones perennial champion. Snapshot Industry Manufacturing & Automotive Market Cap $64 million Net Income. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Help us make this company more transparent. In its Nov. 7 filing, AppHarvest reported net losses of $83 million for the first nine months of the year and net sales of $10 million, with an accumulated deficit of $270 million. para informarnos de que tienes problemas. Please help us protect Glassdoor by verifying that you're a If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Sorry, there are no recent results for popular videos. An agreement signed Wednesday between the parties would create a series of research programs into sustainable agriculture and a center for excellence to boostagricultural innovation and new technologies. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. After years of study and gathering support from inside and outside the region, Jonathan is turning his dream of a high-tech farming hub in Appalachia into reality. Webb's sprawling Appalachia dream has been featured on CBS' 60 Minutes and in major newspapers across the country. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. The greenhouse will deploy a variety of practices to maximize Kentucky's plentiful rainfall withdigital monitoring, lower-cost LED lights, and in keeping with European's organic trends, chemical-freegrowing practices. The company also closed a separate Series A funding round led by ValueAct Spring Fund. 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. That know-how is expected to spark a collaboration between the companies, as well as two Dutch-based higher-ed institutions and five in Kentucky Morehead State University, Berea College and Eastern Kentucky University, University of Kentucky and University of Pikeville, which has discussed a certificate program forstudents seeking careers in the industry. by the Committee from time to time. 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? Nelson lasted 15 months. She is based in Pikeville. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. adjusted EBITDA and improvement in the Companys benefit corporation certification score, as well as individual performance goals. Jonathan Webb is the Founder & CEO at AppHarvest. Thats right 70% of the U.S. population is within a days drive, which means our produce can be picked riper and delivered to stores near you within a day. The New York Times, the Wall Street Journal, Rolling Stone magazine, CBS 60 Minutes and Fox News are among the media outlets to praise the company for environmentally friendly practices, such as recycling rain water for crop irrigation, in an economically distressed coalfield region. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. Best Internet Companies to Work For in Kentucky, Best Companies to Work For in Morehead, KY, AppHarvest Industrial Maintenance Technician Jobs. The cars are really going to be driving by the end of 23 going into 24. The company has cumulatively spent at least $641 million for operations and fixed assets since 2018, when it incorporated, according to public filings. Paid express lanes grow more popular in once-reluctant South. The farms grow tomatoes, leafy greens for salads and berries. have filed five federal lawsuits against AppHarvest in the last 15 months. It's set to open 3 farms this year", "This state-of-the-art indoor farm is transforming Appalachia into an agricultural powerhouse", "AppHarvest to go public via merger with blank-check firm", "Appharvest locations in Madison County Nearly Complete and Soon Ready to Deliver Fresh Foods", https://en.wikipedia.org/w/index.php?title=Appharvest&oldid=1135959955, This page was last edited on 27 January 2023, at 22:52. AppHarvest Quarterly and Annual Revenue Trailing 12-Months Trend (TTM) Annual Revenue $13.1M AppHarvest's revenue is the ranked 8th among it's top 10 competitors. las molestias. It is illegal for insiders to make trades in their companies based on specific, non-public information. Aaron and Jonathan discuss the major challenges we are facing when it comes to food shortages and . By JEFF McMURRAY scusiamo se questo pu causarti degli inconvenienti. Liked by Jonathan Webb Folks are getting excited about AppHarvest working to quadruple its high-tech indoor farm network this year by adding a 15-acre salad greens Liked by Jonathan Webb. The combined company will be led by Jonathan Webb, AppHarvest's Founder & Chief Executive Officer. 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. Location. Net losses also will be worse than originally forecast, the company says. David Lee, as well as the AppHarvest CEO and Founder Jonathan Webb on the show in prior, I believe prior . Founder and CEO Jonathan Webb said AppHarvest aimed to grow high quality tomatoes that have great value, but were only able to produce high amounts of lower quality tomatoes that have little to no value, which directly affects their bottom line. Outside In Podcast: Jonathan Webb, CEO, AppHarvest: AgTech Farming for Our Planet's Future Amid the verdant rolling hills of central Kentucky, in the heart of Appalachian coal country, you'll find 60 acres of a massive, glass-encased structure. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. scaling up the Morehead facility to 400 employees. Celebrities on the board of directors included lifestyle entrepreneur Martha Stewart and investor and Hillbilly Elegy author J.D. under the Cash Incentive Plan. AppHarvest announced it has hired Julie Nelson, with experience at PepsiCo and McKinsey, to help support operational growth, and Adam Reel, who has worked at Apple and other controlled-environment agriculture start-ups. Some clouds this morning will give way to generally sunny skies for the afternoon. Beshear indicated that the state eventually may provide incentives, but it won't involve a taxpayer-funded investment as seen during "the last administration." copy of which is attached hereto as Exhibit 10.2 and is incorporated herein by reference. 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. Low 34F. Committee may modify and/or adjust the performance goals or the related level of achievement, in whole or in part, as it deems Who has power? Employee is employed by the Company as its Chief Executive Officer. The chart on this page features a breakdown of the total annual pay for , at APPHARVEST INC as reported in their proxy statements. Item 5.02 Departure of Directors or Certain AppHarvest has sold 13.4 million pounds of tomatoes since its inaugural harvest in January, but in an earnings call Wednesday, the mega-greenhouse company announced it recorded a net loss of $32 million in its second quarter. The year 2020 has been especially eventful for the company, which raised $28 million in August and finished building out its 2.76 million-square foot flagship facility a few months ago. will be described in the Companys annual proxy statement filed in 2022. The applied technology company is developing and operating some of the world's largest high-tech indoor farms. 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. Marketing. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. positions our company to be a global leader in this industry," said Jonathan Webb, founder and CEO of AppHarvest. At the Morehead site, the goal is to harvest 45 million pounds of fresh produce each year, mostly tomatoes, that now are raised in Canada and Mexico, a country that exports 4 billion tomatoes a day. That seemed to be a thinly veiled reference to a controversial $15 million stake the state took in Braidy Industries' planned aluminum rolling mill in Greenup County. Reference ID: 0.8decc017.1677933561.2c6dde87. "This is so pivotal because" of the potential to build a new future for Kentucky, Webbsaidduring a morning video announcement with the Netherlands' top agricultural minister, contractor company executivesandcollege administrators. 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. That includes businesswoman and celebrity Martha Stewart, who Webb said hasjoined the company board of directors. Liz Moomey is a Report for America Corps member covering Eastern Kentucky for the Lexington Herald-Leader. 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. Zippia gives an in-depth look into the details of AppHarvest, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AppHarvest. Jonathan Webb is Chairman/CEO/Founder at AppHarvest Inc. See Jonathan Webb's compensation, career history, education, & memberships. "We're collecting data all through the . Committee of the Board (the Committee) adopted an Employee Cash Incentive Plan (the Cash Incentive Webb said they are still on track to open 12 mega-greenhouse facilities by 2025. And were just trying to make the hard decisions fast on, how do we get the company set up for success?. 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. . Sylvan Park 4101 Charlotte Avenue, Suite E140 Nashville Tenn. 37209 selling tomatoes from the flagship Morehead greenhouse. Stars Sophia Bush Jonathan Webb See production, box office & company info Add to Watchlist Photos Add photo Top cast Edit Sophia Bush Self - Host Jonathan Webb

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