Village Farms International Appoints Finance and Operations Veteran Carolyn Hauger to Board

VANCOUVER, British Columbia and ORLANDO, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or “the Company”) (NASDAQ: VFF) is delighted to announce that Carolyn Hauger has been appointed to its Board of Directors, effective immediately, and will stand for election at the Company’s annual shareholders meeting in June 2024. Ms. Hauger has extensive finance, operations and public company director experience having served as CFO for a variety of companies, where among many responsibilities she contributed to operational optimization, innovation strategies and early-stage development. Her experience includes both multi-national and emerging growth industries.

“Ms. Hauger brings to Village Farms an exceptional 35-plus year track record of leadership in both senior executive and director roles,” said John McLernon, Chairman of the Board of Village Farms. “With broad-based expertise in financial strategy and business building, alongside decades of consumer-packaged goods, international and start up experience, her insight and perspective will be of tremendous benefit to Village Farms.”

Ms. Hauger is currently CFO at Ten-Nine Technologies, a battery nanotechnology additives company, where she has been instrumental in its early development. Ms. Hauger was previously CFO at Lion, Inc., where she led various strategies that resulted in a significant improvement of a key division’s financial performance, and was Divisional CFO and Senior VP at Clopay Plastics (a subsidiary of Griffon Corporation), during which she helped transform a key division and contributed to the start up and optimization of international subsidiaries. Prior thereto, Ms. Hauger was an Advisory Senior Manager in the Performance Improvement Practice at Ernst and Young, advising C-Level executives on optimizing production. She also held various executive finance and operations positions over a 25-year tenure with Procter and Gamble. As CFO of Procter and Gamble’s North America FemCare and Global Tampax businesses, she collaborated with other executives on the development of commercial innovation strategies that drove market share and grew sales and profits.