jonathan webb appharvest salary

Exchange Act of 1934, Date of Report (Date of earliest event reported): "What we're doing here has really caught the attention of people around the world.". For more information, please see the SECs Web Site Privacy and Security Policy. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. will be described in the Companys annual proxy statement filed in 2022. We reserve the right to block IP addresses that submit excessive requests. AppHarvest Quarterly and Annual Revenue Trailing 12-Months Trend (TTM) Annual Revenue $13.1M AppHarvest's revenue is the ranked 8th among it's top 10 competitors. AppHarvest is pausing its plan to build a dozen indoor farms. You can help Wikipedia by expanding it. Prior to his work with Nissan, Travis held public relations leadership roles at General Motors, Ally Financial, Pulte Homes and Lockheed Martin. Job Title. appropriate or equitable. Winds light and variable.. A clear sky. He has been a Director at AppHarvest, Inc. since January 2018. On March 23, 2021, the Board The company also broke ground on another facility in Morehead and a first facility in Somerset, which will be operational by the end of 2022. AppHarvest, Inc. (Exact name of registrant as specified in its charter) Delaware . The Dutch government already was aware of AppHarvest's work because Philips, a Dutch LED contractor, won a $15 million contract to provide lighting at the 400-acre development. AppHarvest's farms are designed to grow non-GMO, harsh chemical pesticide-free produce using sunshine, 100% recycled . You have permission to edit this article. The team is very cognizant of that outside skepticism and negativity thats come down on the company, and I think our 700 employees have taken that as a challenge to really prove what we can do here, he said. PU. The top 10 competitors average 136.1M. The company disclosed a $32 million net loss and dramatically cut projected earnings for the year. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Location. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. If an emerging growth company, indicate by check mark if the registrant Thank you for your interest in the U.S. Securities and Exchange Commission. ", "What Will the Rise of Giant Indoor Farms Mean for Appalachian Kentucky? In May 2019, AppHarvest closed an $82 million deal with Equilibrium Capital to build its first greenhouse. Si continas recibiendo este mensaje, infrmanos del problema High 59F. Winds approaching hurricane force are blowing across Kentucky. named executive officers are as follows: Following the end of On March 23, 2021, the Compensation The state will provide only performance-based incentives tied to jobs and the overall investment in the project, he said. Winds light and variable. But AppHarvest actually has built farms, hired people and started to deliver produce to market, Webb said. AppHarvest CEO Jonathan Webb speaks with Yahoo Finance reporter Julie Hyman at the SXSW about tech innovation in the farming space and the future of the industry. Webb also announced plans for selling tomato-based products like salsa and Bloody Mary mix next year. Its a technical formula, Eggleton said. Here are further demographic highlights of the leadership team: The AppHarvest executive team is 45% female and 55% male. The company announced more conservative goals on the call. AppHarvest sold 8.6 million pounds of tomatoes in the second quarter, an increase of 4.8 million pounds from the first quarter. Anything we do going forward will never be as hard as what weve already done on the development side, he added. AppHarvest's mission statement is "We're building a sustainable, homegrown food supply that's accessible to all, all year long.". If the company can get cash in hand from the sale of its Berea farm, AppHarvest should be able to remove the alarming substantial doubt language from future investor disclosures, said chief financial officer Loren Eggleton. Sorry, there are no recent results for popular commented articles. We dont wait at borders. Beshear told reporters in Frankfort that he's excited about the infusion ofscience and tech know-how. The chart on this page features a breakdown of the total annual pay for , at APPHARVEST INC as reported in their proxy statements. In just the last few years, Braidy Industries failed to build an aluminum mill near Ashland despite $15 million in state investments and EnerBlu dropped plans for a battery plant in Pikeville. He's not letting it distract from realities on the ground, in the eastern Kentucky mountains. 2023 www.courier-journal.com. APPHARVEST INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The performance measures for the Companys named executive officers for the Companys fiscal year ending December 31, 2021 Disculpa For more information, contact opendata@sec.gov. He has been a Director at AppHarvest, Inc. since January 2018. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. How much do AppHarvest Administrative Assistance jobs pay? Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Support strong local journalism by subscribing today: courier-journal.com/graces. 2024 is gonna look a lot different than 2022, the CEO said. In its Nov. 7 filing, AppHarvest reported net losses of $83 million for the first nine months of the year and net sales of $10 million, with an accumulated deficit of $270 million. Inside is a tightly controlled environment that uses 90% less water than open-field agriculture and only rainwater to produce crop yields up to 30 times that of traditional farming. AppHarvest said it is partnering with Mastronardi Produce to form FarmCom, which will build, buy and operate new high-tech greenhouses and expand production throughout the U.S. AppHarvest will contribute $10 million in cash. Andy Beshear and U.S. Rep. Andy Barr, R-Lexington, were among the dignitaries who attended the farms heavily publicized opening last month. Here are a few more takeaways from Webb's session: An . See the latest outages from Kentucky Utilities, Blue Grass Energy and more, My favorite reporter is back: Familiar face returns to Lexington TV news, Flash flooding, tornadoes possible Friday in Lexington. Aydanos a proteger Glassdoor verificando que eres una persona real. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. . Net losses also will be worse than originally forecast, the company says. Before founding AppHarvest, Jonathan worked with the U.S. Department of Defense on one . When poorly trained workers could not keep up with the harvest, overripe tomatoes dropped to the ground, where large numbers of gnats swarmed, they said. Within the massive indoor farms, AppHarvest combines innovative technology with natural resources and farming know-how, "using less to grow more," Jonathan Webb, CEO, tells We First. However, reality has proven far less bullish. ein Mensch und keine Maschine sind. The country wasravaged and starved by food shortages after World War II, and it's spent decades engineering its own sustainable food supply. The Kentucky-based company went public in February, joining Nasdaq at APPH. Andy Beshear, Sen. Hal Rogers, and AppHarvest CEO Jonathan Webb spoke during a groundbreaking ceremony at the site of AppHarvest's new facility in Somerset, Ky., Monday, June 21, 2021. The year 2020 has been especially eventful for the company, which raised $28 million in August and finished building out its 2.76 million-square foot flagship facility a few months ago. AppHarvest has rounded up $120 million in venture capital, including cash from AOL co-founder Steve Case's Rise of the Rest fund. In re: AppHarvest Securities Litigation, U.S. District Court, Southern District of New York In reality, they said, many of the tomatoes grown in Morehead fell short of the USDA Grade No. Onze Webb attributed the quality problems to scaling up the Morehead facility to 400 employees. Jonathan Webb is Chairman/CEO/Founder at AppHarvest Inc. See Jonathan Webb's compensation, career history, education, & memberships. The investment pool focuses on promising technology and new companies in middle America, which Case has argued are too often passed over in favor ofSilicon Valley and East Coast tech hubs. except that Jonathan Webb, the Companys Chief Executive Officer, is not eligible to participate for the 2021 performance period. adjusted EBITDA and improvement in the Companys benefit corporation certification score, as well as individual performance goals. Kentucky native and University of Kentucky graduate Jonathan Webb is turning his dream of a high-tech farming hub in Appalachia into reality with AppHarvest. Exhibit 10.24 . Sorry, there are no recent results for popular videos. AppHarvest's farms are designed to grow non-GMO produce using . . There's a lot of hard work to bring it all to fruition, he said. Emily joined AppHarvest in 2022, bringing nearly 10 years of experience in human resources. AppHarvest Founder and CEO Jonathan Webb, a solar industry veteran, knew he had to do something to help his hometown community. ", "AppHarvest recorded a $166 million loss in 2021. Celebrities on the board of directors included lifestyle entrepreneur Martha Stewart and investor and Hillbilly Elegy author J.D. Its not any persons fault, Webb said. The greenhouse will deploy a variety of practices to maximize Kentucky's plentiful rainfall withdigital monitoring, lower-cost LED lights, and in keeping with European's organic trends, chemical-freegrowing practices. of the Cash Incentive Plan is not complete and is subject to and qualified in its entirety by reference to the Cash Incentive Plan, a As far as to your question of where well be in 25 and 26, weve kind of cut out the long-term discussion of the company. But I would say if you let the past be a predictor of the future, we started with absolutely nothing two and a half years ago and weve built eight million square feet of stuff. 1 quality required by Mastronardi for distribution to Kroger, Wendys and other national retailers, so they were rejected. AppHarvest is a small internet company based in Kentucky with only 78 employees and an annual revenue of $8.5M. AppHarvest expected to sell $20 million to $25 million this year but have scaled back their targets to $7 million to $9 million. scusiamo se questo pu causarti degli inconvenienti. Today on Work In Progress, Sophia is joined by Jonathan Webb (@webbjonathan). Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. by the Committee from time to time. Kentuckys agriculture commissioner, Ryan Quarles, said AppHarvest is not the only company in the state to use controlled environment agriculture, or CEA, based on ideas pioneered in the Netherlands. The Berea farm, which will grow salad greens, was intended to be the newest jewel in AppHarvests crown. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. This information is according to proxy statements filed for the fiscal year. $357,640 per year. Salary Company Earnings; Sep 30 2022: n/a: n/a-US$172m AppHarvest has sold 13.4 million pounds of tomatoes since its inaugural harvest in January, but in an earnings call Wednesday, the mega-greenhouse company announced it recorded a net loss of $32 million in its second quarter. Live updates: Historical windstorm blows in. Gov. [8] [9] He was Presid Show more, Mr. Jonathan Webb is Founder and Chief Executive Officer at AppHarvest, Inc since January 2018 and is its Chairman of the Board. Executive Assistant. has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant Insiders are officers, directors, or significant investors in a company. Gov. Administrative Assistance. AppHarvest closed its $1 billion SPAC deal and began trading as a public company Monday. AppHarvest announced it has hired Julie Nelson, with experience at PepsiCo and McKinsey, to help support operational growth, and Adam Reel, who has worked at Apple and other controlled-environment agriculture start-ups. AppHarvest is a sustainable food company in Appalachia developing and operating some of the worlds largest high-tech indoor farms with robotics and artificial intelligence to build a reliable, climate-resilient food system. Committee may modify and/or adjust the performance goals or the related level of achievement, in whole or in part, as it deems Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail AppHarvest Founder and CEO Jonathan Webb speaks during groundbreaking for the new facility located in Shopville, on June 21, 2021. Liked by Jonathan Webb Folks are getting excited about AppHarvest working to quadruple its high-tech indoor farm network this year by adding a 15-acre salad greens Liked by Jonathan Webb. Before founding AppHarvest, Webb worked with the U.S. Department of Defense on one of the largest solar projects in the Southeastern U.S., to ensure that the military's hundreds of installations develop resilient on-site power generation and receive 20% of their electricity from renewable sources by 2025. Six Dodge Challenger Hellcats stolen off local Don Franklin car lot, Cooper Center up for sale but current residents not gone just yet, Local musician Trammell an 'American Idol' hopeful, Fiscal Court grapples over Sheriff Deputies' pay, Pulaski County overcomes slow start, takes down Titans in opening round of regional tourney, Ay, There's the Rub (and Sauce): Baney's Bangin' BBQ is a sweet success story for Jones, Frozen assets: Money raised from skating rink goes to good cause, Girls' 12th Region Hall of Fame class and All-Region Teams announced. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. What to know, Are you prepared for a tornado? Note: We do not offer technical support for developing or debugging scripted downloading processes. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. As at APPHARVEST INC, made $0 in total compensation. Snapshot Industry Manufacturing & Automotive Market Cap $64 million Net Income. Non-Employee Director Compensation Policy. This report is not for commercial use. That know-how is expected to spark a collaboration between the companies, as well as two Dutch-based higher-ed institutions and five in Kentucky Morehead State University, Berea College and Eastern Kentucky University, University of Kentucky and University of Pikeville, which has discussed a certificate program forstudents seeking careers in the industry. Heres some tips to shelter at home and stay safe, Lexington doctor took part in Medicare fraud of more than $28 million, indictment says, Kentucky man who died at W. Va. coal mine was thrown from bulldozer as it rolled. I dont even believe it yet. 11th Region shocker dethrones perennial champion. You look at the average US consumer, 50% or more of people going to the grocery store don't have the luxury to spend more for a premium product. ValueAct Capital Co-founder and CEO Jeffrey W. Ubben also announced he would join AppHarvest's Board of Directors. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Date Total Comp. Andy Beshear, Sen. Hal Rogers, and AppHarvest CEO Jonathan Webb spoke during a groundbreaking ceremony at the site of AppHarvest's new facility in Somerset, Ky., Monday, June 21, 2021. "This startup is going to put one of the world's largest sustainable greenhouses in coal country", "Could the biggest greenhouse in the US be the future of farming? Dutchfarms now grow up to 30 times more fruits and vegetables on a single acreindoors compared to oneacre outdoors, while slashing water usage by 90%. Any person who has joined this company has been wildly talented and has put a lot into the company. Webb said the company has ample funds for the construction of future farms. Were disappointed with these results, but the good news is that prevailing market prices for tomatoes have already rebounded from the lows we experienced in the second quarter, Lee said. selling tomatoes from the flagship Morehead greenhouse. Before founding AppHarvest, Jonathan worked with the U.S. Department of Defense on a massive solar project to help achieve a White House goal of ensuring the militarys hundreds of installations receive 20 percent of their electricity from renewable sources by 2025. But it launched on an ambitious scale in a region of Kentucky that sorely needed new jobs, Quarles said. Meanwhile, top executives were being awarded millions of dollars in compensation, the suits allege. One salary reported . By JEFF McMURRAY The winners in each of the 13 categories, plus additional honors, will be awarded at the 24th annual SXSW Innovation Awards on Monday, March 14, 2022. AppHarvest CEO Jonathan Webb joins Yahoo Finance Live to discuss scaling controlled environment agriculture infrastructure, keeping produce prices low, and the future of farming as climate change . How much do AppHarvest employees make? Common benefits at AppHarvest. Non-Employee Director Compensation Policy, non-employee directors will receive the following compensation for service on the Board: The annual cash compensation After years of study and gathering support from inside and outside the region, Jonathan is turning his dream of a high-tech farming hub in Appalachia into reality. AppHarvest also held a telethon raising nearly $1.3-million to help with flood relief. EPS of -$0.30 beats by $0.01 | Revenue of $5.16M (124.62% Y/Y) misses by $236.00K AppHarvest, Inc. ( NASDAQ: APPH) Q1 2022 Earnings Conference Call May 3, 2022 4:30 PM ET Company Participants. AppHarvest's (APPH) CEO Jonathan Webb on Q1 2021 Results - Earnings Call Transcript May 17, 2021 12:38 PM ET AppHarvest, Inc. (APPH) SA Transcripts 128.21K Follower s Play Earnings Call. As one of the newest businesses at the forefront of Agtech, AppHarvest (APPH-7.84%) . Pursuant to the target expressed as a percentage of the employees annual base salary. The year-round, temperature-controlled farms have made the Netherlands the world's second largest agricultural exporter and a leading aginnovator, Webb said during his morning announcements. United States. . The company blames supply chain-related delays in opening three new farms. Jonathan Webb. AppHarvest is ranked #71 on the Best Companies to Work For in Kentucky list. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. The unveilingwas the culmination of months of discussions, includingtravel to the Netherlands by U.S. Agriculture Secretary Sonny Perdue, before coronavirus outbreaksarrived in Europe and this country. AppHarvest currently operates its 60-acre flagship farm in Morehead, Ky., producing tomatoes, a 15-acre indoor farm for salad greens in Berea, Ky., a 30-acre farm for strawberries and cucumbers in Somerset, Ky., and a 60-acre farm in Richmond, Ky., for tomatoes. Vance, although Vance quit as he became more controversial during his Republican campaign for the U.S. Senate in Ohio. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. The four-farm network consists of 165 acres under glass. Travis joined AppHarvest in 2020 after serving in global communications roles in Paris, Tokyo, and Nashville with the Renault-Nissan-Mitsubishi Alliance most recently as Vice President for Nissan Americas and President of the Nissan Foundation. The 2021 incentive targets for the Companys current We're building a sustainable, homegrown food supply that's accessible to all, all year long. Inside, you'll find row after row of tomatoes. Based on our data team's research, Jonathan Webb is the AppHarvest's CEO. positions our company to be a global leader in this industry," said Jonathan Webb, founder and CEO of AppHarvest. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Over the last four quarters, AppHarvest's revenue has decreased by 82.9%. AppHarvest's stock is currently trading around $4.15 per share, as of 2:30 p.m. Friday, up roughly 10% from when the market opened. MT. Wir entschuldigen uns fr die Umstnde. The foregoing description AppHarvest's farms are designed to grow non-GMO produce using sunshine, 100% rainwater and up to 90% less water than open-field growing, all . AppHarvest CEO Jonathan Webb has given dozens of interviews to promote the company. Jonathan Mark Webb net worth is $800,000 Jonathan Mark Webb Wiki: Salary, Married, Wedding, Spouse, Family Jonathan Webb is an actor, known for Graffiti Bridge (1990), In Search of Dr. Seuss (1994) and A Different World (1987). enva un correo electrnico a It has filed motions to dismiss the shareholder suits. AppHarvest has 78 employees, of which 30 are in a leadership position.

Bullet Boats Pro Staff, Simon O'brien Property Developer, Articles J