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Champaign, Illinois
December 2, 2008
 Verdant
Partners LLC today announced that Thomas F. (“Bud”)
Hughes (photo right) has been named a Partner of the firm,
joining founding Partners Dean Cavey and Rod Stacey. A 25-year
veteran of the seed industry, Hughes has been associated with
the firm as a Director since 2005. His executive management
experience is highlighted by past positions with Cargill,
Calgene and 11 years as President and CEO of Stoneville
Pedigreed
Seed Company, an internationally recognized leader in the seed
and cotton industries.
Hughes holds a Bachelors degree in Agricultural Sciences from
Texas Tech University. Active across industry organizations, he
currently serves as President of the Southern Seed Association;
Chairman of the Board of
Agricenter International; President of ASTA’s First the Seed
Foundation, and is a founding member of the AgBio and Industrial
Biotechnology Steering Committee of Memphis Bioworks Foundation.
Hughes is a past Regional Vice President of the American Seed
Trade Association (ASTA).
“Bud Hughes is a seasoned seedsman, respected for his operating
knowledge and professional integrity, who has demonstrated a
natural ability to leverage that expertise in business
consulting and transaction assignments for Verdant clients” said
Dean Cavey, Managing Partner of Verdant. “His strategic vision
and knowledge of the industry have produced success across a
variety of crops and business disciplines. Rod Stacey and I are
excited to welcome him into the Partnership.”
 Verdant
Partners has also announced that Garrett Stoerger will be
joining Verdant's team of professionals in January, 2009 in the
role of Associate. Stoerger will be based in Verdant’s
headquarters office in Champaign,
Illinois and will concentrate on market and business analysis;
project support; and preparation of professional reports,
memorandums, and professional presentations.
Stoerger is a graduate of the University of Illinois at
Urbana-Champaign with a Bachelor of Science in Agribusiness,
Farm, and Financial Management and is presently completing a
Masters of Science in Agricultural and Consumer Economics. While
pursuing his advanced agribusiness education, Mr. Stoerger also
maintains a full-time position as an Extension Specialist at the
Department of Agricultural and Consumer Economics, University of
Illinois at Urbana-Champaign. In this role, Mr. Stoerger
currently provides developmental, marketing, and educational
services to farmers and agribusiness professionals.
"We are thrilled to have Garrett join the Verdant team” said
Cavey. “After growing up on a farm in central Illinois, pursuing
an education in agribusiness, and gaining valuable experience
working as an Extension
Specialist, Garrett adds to the experience and expertise for
which Verdant is known. Garrett will be an important addition to
Verdant's client service team."
Verdant Partners LLC is a privately held, middle-market,
agribusiness consulting and investment banking firm specializing
in the seed and crop genetics industry. The firm advises
regional, national, and multinational clients in mergers &
acquisitions, strategic planning, technology integration &
commercialization, market development and business operations
across a wide array of crops and geographies. The company client
base includes seed companies, biotechnology providers, crop
protection chemical companies, farm inputs distributors and
related industries such as seed treatments, healthy foods,
enhanced feeds, biofuels and alternative crops. To learn
more visit the Company website at
www.verdantpartners.com. |
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