New York, New York, USA
June 24, 2014

Mr. Dennis F. Steadman, MS, a seasoned veteran of the animal health industry, has joined AgriCapital Advisors. AgriCapital Advisors is a team of agribusiness executives and professionals, which supplements AgriCapital's investment banking professionals by helping to provide unique domain knowledge and industry relationships.

Mr. Steadman had been President and Chief Executive Officer of Velcera Pharmaceuticals Inc. since May 2004 through October 2013. Prior to joining Velcera, Mr. Steadman founded Valorum Associates Ltd., which provided executive management and strategic advisory services to animal health and related industries. Prior to Valorum, Mr. Steadman held the position of Vice President, North American Operations and Global Management Committee Member with Merial Ltd., a leading animal health company. Prior to joining Merck, Mr. Steadman was with Chase Econometrics (subsidiary of Chase Manhattan Bank) for more than a decade conducting business research and providing consulting services to the agri-business sector.

Mr. Steadman holds a Master of Science degree in Agricultural Economics from Pennsylvania State University with a focus on marketing and statistics, a B.S. degree from Pennsylvania State University in Agricultural Business Management, and has completed an Executive Program in Finance at the Harvard Business School.

Doug Sterkel, President of AgriCapital, commented: "We are ecstatic to have Dennis join our advisory board; his leadership and background in the animal health industry will help AgriCapital better serve the needs of the animal pharmaceutical and pet products segments and bolster AgriCapital's focus on animal health and nutrition."

AgriCapital is a specialized investment banking firm focused on agribusiness. It provides advisory services related to mergers, acquisitions, and divestitures; private placements of debt and equity; and corporate finance consulting. Since its inception in 1983, it has been involved in over 520 assignments on behalf of over 400 agribusinesses globally.
 

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Published: June 24, 2014