Mission Produce, Inc. Announces Resignation of Shaunte D. Mears Watkins from Board of Directors
April 14, 2023 at 04:16 pm EDT
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Mission Produce, Inc. announced that Effective April 13, 2023, Shaunte D. Mears Watkins, a Class II director, resigned from the Board of Directors. Ms. Mears Watkins resigned from the Board of Directors due to her relocation to Australia and not because of any disagreement with the Corporation on any matter relating to the Corporation's operations, policies or practices. In connection with Ms. Mears Watkins' resignation, the Board of Directors approved a reduction in the size of the Board of Directors from nine to eight directors.
Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.