Mission Produce, Inc. Announces Retirement of Michael A. Browne as Chief Operating Officer Effective September 3, 2021
August 16, 2021 at 04:11 pm EDT
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On August 16, 2021, Mission Produce, Inc. announced that Michael A. Browne, Chief Operating Officer, has decided to retire effective September 3, 2021. Mr. Browne's duties will be transitioned to other members of the Company's experienced management team and directly overseen by Stephen J. Barnard, the Company's President and Chief Executive Officer.
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.