Village Farms Greenhouse Grown BB #:153066 is pleased announce the promotion of Steve Poklemba, currently Director of National Sales to his new role as Director of Global Supply Chain Management for their Fresh Division.
In Steve’s new role he will be instrumental in vigorous company initiatives targeting expanding top line revenue. Steve’s primary focus will be the implementation of vital strategic initiatives to optimize inventory controls on fresh products and supplies. He will accomplish this through improved operating efficiencies while reducing finished product costs.
His role will also be focused on managing product flow through Village Farms sales and distribution network from sourcing teams with the goal of expanding the company’s grower partner base. Village Farms is confident in Steve’s ability to invigorate overall product fulfillment, product freshness, and the brand’s integrity for their customers.
Steve began his career with Village Farms in 1998 as Packhouse Manager. Shortly afterward, he was promoted to Regional Packhouse Manager of Village Farms’ West Texas facility. Steve later moved to the company’s Arlington, Texas Distribution Center and transitioned into a Sales role where he eventually worked his way to become National Sales Director. Steve has a vast array of experience within all facets of sales, operations, and distribution within the farming sector.
In his new role Steve will report directly to the Executive Vice President of Sales and Marketing, Eric T. Janke. “We anticipate Steve in this new role to improve the fresh division’s dynamics and enhance the company’s value proposition to further meet the needs of an ever-changing produce industry” Eric T. Janke told us, “And Steve is the best candidate for this role given his depth of knowledge and tenure with Village Farms”.
Village Farms International to voluntarily delist from Toronto Stock Exchange; shares to remain listed on Nasdaq
In other company news, on Dec. 14, Village Farms announced that it has applied and received approval for a voluntary delisting of its common shares from the Toronto Stock Exchange.
With Village Farms’ common shares being listed on the Nasdaq Capital Market since February 2019, the Company believes the trading volume of its common shares on the TSX no longer justifies the expense and administrative requirements associated with maintaining a TSX listing.
The Company also believes Nasdaq provides its shareholders with sufficient liquidity, and the cost savings from the elimination of TSX listing fees and associated professional fees, as well as the savings in time and effort of management required to maintain a dual listing, can be redirected to initiatives intended to generate shareholder value. Effective at the close of markets on December 31, 2021, Village Farms’ common shares will no longer be listed or traded on the TSX.
About Village Farms
Village Farms is one of the largest producers, marketers, and distributors of premium-quality, unique and exclusive greenhouse-grown fruits, and vegetables in North America. The food our farmers grow are all grown in environmentally friendly, soil-less, glass greenhouses. The Village Farms brand of fruits and vegetables are marketed and distributed primarily to local and national retail grocers as well as dedicated fresh food distributors throughout the United States and Canada. Since its inception, Village Farms has been guided by sustainability principles that enable us to grow food 365 days a year that not only feeds the growing population but is healthier for people and the planet. Village Farms is Good for the Earth and good for you.
