Dec 13, 2017   SOURCE: BusinessWire

Pinnacle Agriculture Announces New Leadership Appointment

Pinnacle Operating Corporation (“Pinnacle”) is pleased to announce Mark Pedro has been named as its Executive Vice President and Chief Financial Officer effective January 1, 2018. In this role, Mr. Pedro will be responsible for leading Pinnacle’s financial operations, as well as providing overall strategic direction along with CEO, Rob Marchbank.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171213005865/en/

Mark Pedro (Photo: Business Wire)

Mark Pedro (Photo: Business Wire)

“Mark is an experienced and strategic financial leader with a robust background in distribution,” Rob Marchbank, President and CEO of Pinnacle Agriculture said. “The agriculture industry is in the midst of an evolution and Mark has a strong track record of transforming and developing industry-leading companies. I am very excited to add Mark to the Pinnacle leadership team. His combination of strategic and operational experience will ensure Pinnacle’s ability to drive improved profitable growth.”

Mr. Pedro brings more than 20 years of finance experience with an extensive background in financial planning and operations, management and strategy, and a deep knowledge of the distribution industry to Pinnacle. Prior to joining Pinnacle, Mr. Pedro served as CFO for Sonepar, North America, a French family-owned multi-billion-dollar distributor of electrical products. Prior to Sonepar, North America, Mr. Pedro held financial leadership positions across multiple industries most notably Nestle USA, Kraft Foods, Inc. and Univar, one of the world's largest distributors of industrial and specialty chemicals. Mr. Pedro received his bachelor's degree in business economics and MBA from the University of California, Los Angeles.

“This is an exciting time to join Pinnacle, a company with dedicated, passionate people and huge potential for growth,” Mr. Pedro said. “Having been in leadership roles in similar businesses, I recognize the strong organization and processes developed and led by former CFO Dave Bullock, and want to thank him for his great work. My confidence is high, through strong partnership across the Pinnacle organization, we will develop and execute plans to drive consistent growth. I look forward to joining the Pinnacle Agriculture team and partnering to create high-value.”

About Pinnacle Agriculture

Pinnacle Operating Corporation is a first-in-class agricultural retail and wholesale distribution business created through acquisitions and greenfield establishments. The company operates through its Sanders®, AgVenture® Pinnacle, and Meridian Agriculture Distribution™ serving growers across 27 states. Pinnacle is multifaceted in its operations, which include seed production and sales, agricultural chemical distribution, bulk handling of fertilizer, precision agriculture services and general merchandise for farming.