Fresh Del Monte announces partnership to accelerate into new digital era
Fresh Del Monte Produce Inc., a vertically integrated producer, marketer and distributor of high-quality fresh and fresh-cut fruit and vegetables, has announced its partnership with I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, digital infrastructure, transport and social infrastructure in the Americas, Europe and Asia.
By creating this partnership and investing in the I Squared Global InfraTech Fund, Fresh Del Monte takes the next step in transforming into a digital-forward company with technology-enabled capabilities to further enhance its products and customer satisfaction. The fund invests in growth-stage companies applying technology in various infrastructure sectors, including logistics, supply chain and agriculture. Fresh Del Monte and I Squared Capital will share investment prospects, seek to co-invest in certain deals and offer general supp
Fresh Del Monte Produce welcomes new Board of Directors
Fresh Del Monte Produce Inc., one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, is pleased to announce the election of two additional members to its Board of Directors, Lori Tauber Marcus and Kristin Colber-Baker.
As a company committed to promoting diversity and inclusion at all levels of its organization, Lori and Kristin join fellow independent board member, Mary Ann Cloyd, an Independent Director serving as chair of the Audit Committee and member of the Governance Committee. With the new additions, women now make up 38% of the Fresh Del Monte Produce Board of Directors, holding 3 of the 8 board seats. In comparison, women hold approximately 23% of company board seats on the Russell 3000 Index, according to a 2020 Harvard Women on Boards Gender Diversity Index.