Articles from American Vanguard Corporation

American Vanguard® Corporation today announced that its crop business unit, AMVAC®, entered into a regional distribution agreement with DPH Biologicals®, a leading developer and supplier of agricultural biologicals. The agreement significantly expands American Vanguard’s GreenSolutions portfolio and increases availability of biological products throughout the U.S. while also expanding DPH Bio’s footprint into specialty crop markets.

American Vanguard Corporation (NYSEAVD) has announced that CEO, Douglas “Dak” Kaye, III, will be participating in an investor forum with Lake Street Capital analyst Ben Klieve on January 16, 2025 at 11 a.m. Eastern Time. This forum will be Mr. Kaye’s first presentation to the financial community as the CEO of American Vanguard.

American Vanguard® Corporation (AVD), a leading manufacturer and marketer of innovative solutions for the agricultural industry in the areas of crop protection and nutrition, turf and ornamental management, and commercial pest control (the “Company”), announced that Debra Edwards is retiring from the board of directors and has therefore resigned. Ms. Edwards has been on the Board since 2011, having served as Chair of the Compensation Committee, as well as on the Risk and Finance Committees. Ms. Edwards commented, “I have enjoyed my time on the Board of American Vanguard and I’ve learned so much. I believe this is an exciting time for the Company and I look forward to monitoring its progress under newly appointed CEO, Dak Kaye.”

American Vanguard® Corporation (AVD), a leading manufacturer and marketer of innovative solutions for the ag industry in the areas of crop protection and nutrition, turf and ornamental management, and commercial pest control (the “Company”), today announced the appointment of Douglas A. (“Dak”) Kaye, III as the new Chief Executive Officer following a unanimous vote from its Board of Directors (the “Board”), effective December 9, 2024. Mr. Kaye will be based at global headquarters beginning January 6, 2025. Mr. Kaye brings extensive experience to AVD and is expected to lead the Company into a new era of growth and innovation. He will succeed the Office of CEO (OCEO), which has been in place since July 15, 2024.

American Vanguard® Company, a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported financial results for the third quarter ended September 30, 2024.

American Vanguard® Company announced today that it will report financial results for the third quarter ending September 30, 2024 on Monday, November 11 at 4:30 pm ET/ 1:30 pm PT. Tim Donnelly, Acting CEO, David T. Johnson, VP & CFO, and Mark Bassett, Member of the Board of Directors, will conduct the conference call.

American Vanguard Corporation (NYSEAVD) today announced that, following its decision in April 2024 to voluntarily stop sales of Dacthal herbicide products, the Company has submitted to the Environmental Protection Agency (“EPA”) voluntary cancellation requests for all of its federal registrations of those products. Those registrations are currently the subject of an emergency suspension order that was issued by EPA on August 6, 2024.

American Vanguard Corporation (NYSEAVD) today announced financial results for the second quarter ended June 30, 2024.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after the close of the stock market.

American Vanguard Corporation (NYSEAVD) today reported that its Chairman and Chief Executive Officer, Eric G. Wintemute, concluded his position as CEO, effective July 12, 2024. The terms of his departure are set forth in the Transition Agreement dated July 3, 2024. Going forward, Mr. Wintemute will continue to serve as Chairman of the Board and will provide consulting services to the Company on a part-time basis, if needed.

American Vanguard Corporation (NYSEAVD) today reported that its Chairman and Chief Executive Officer, Eric G. Wintemute, has presented to the board his plan to retire from his position as CEO. The terms of his retirement are set forth in a Transition Agreement under which Mr. Wintemute will participate in the search for his successor being conducted by the global executive search firm, Kincannon & Reed, and retire upon the successor’s appointment but no later than December 31, 2024. Mr. Wintemute will continue to serve as Chairman of the Board and, post-retirement, will provide consulting services to the company on a part-time basis. Mr. Wintemute joined the company 47 years ago and has served as CEO for 30 years.

American Vanguard Corporation (NYSEAVD) today announced voting results from its Annual Meeting of Stockholders held on June 6, 2024. As to the first of three initiatives, the nine director nominees named in the proxy received more votes “for” than “against”; those persons are, Marisol Angelini, Scott Baskin, Mark Bassett, Debra Edwards, Emer Gunter, Patrick Gottschalk, Steven Macicek, Keith Rosenbloom and Eric Wintemute. They will serve as directors until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. In addition, the balance of the initiatives appearing on the Company’s proxy passed, namely, the ratification of the appointment of Deloitte Touche, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024, and advisory approval of the executive compensation policies and practices as set forth in the Company’s 2024 proxy. All nominees and measures received support from over ninety percent of the votes cast at the Annual Meeting of Stockholders.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company’s common stock to shareholders of record as of June 26, 2024, for distribution on July 10, 2024.

American Vanguard Corporation (NYSEAVD) today announced that, after 35 years in the agrochemical industry, Executive Vice President & Chief Operating Officer, Bob Trogele, will be retiring effective May 31, 2024. Mr. Trogele joined the company’s principal operating subsidiary, AMVAC, in January 2015 to focus on growing the business across multiple product lines and geographies, achieving greater profitability, and establishing a pipeline of future opportunities through innovation and strategic relationships.

American Vanguard Corporation (NYSEAVD) today announced financial results for the first quarter ended March 31, 2024.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the stock market.

American Vanguard Corporation (NYSEAVD) today announced that its 2024 Annual Meeting of Stockholders will be held at 11:00am PST on Thursday, June 6, 2024, for holders of record as of April 10, 2024. As has been the case over the last several years, the meeting will be conducted via live webcast. The company anticipates that the following ballot measures will be voted upon: nomination of directors, ratification of Deloitte & Touche LLP as independent public registered accounting firm for the year ending December 31, 2024, and a shareholder advisory vote on executive compensation. Details of the meeting will be published in the company’s proxy statement which is expected to be filed and distributed in the latter part of April, 2024.

American Vanguard Corporation (NYSEAVD) today announced financial results for the fourth quarter and full year ended December 31, 2023.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the fourth quarter ended December 31, 2023, on Thursday, March 14, 2024, after the close of the stock market.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company’s common stock to shareholders of record as of March 27, 2024, for distribution on April 10, 2024.

American Vanguard Corporation (NYSEAVD) announced that Mort Erlich, who has served on the company’s board of directors since October 2013, has expressed his intention to retire effective as of the filing of the Form 10-K for the period ended December 31, 2023. Mr. Erlich joined American Vanguard after a 34-year career with KPMG LLP and has served as the Chair of the company’s Audit Committee, as well as a member of both the Compensation Committee and Nominating & Corporate Governance Committee.

American Vanguard Corporation (NYSEAVD), today announced key metrics from its preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023.

American Vanguard Corporation (NYSEAVD), today announced that it will discuss certain key preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, January 31, 2024.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company’s common stock to shareholders of record as of December 29, 2023, for distribution on January 12, 2024.

American Vanguard Corporation (NYSEAVD) announces that it has hired Don Gualdoni to the newly-created position of Chief Transformation Officer. Mr. Gualdoni brings to this assignment over 25 years’ experience in various leadership roles during which he has led several large, complex transformation projects. He joins us most recently from Teradata (a San Diego-based software company) and was formerly with McKinsey & Company.

American Vanguard Company (NYSEAVD) today announced that OHP® Inc., a leading provider of technology-based solutions for greenhouse and nursery production applications, has agreed to become master distributor in U.S. non-crop markets of biological technologies developed by Certis® Biologicals. With the agreement, OHP, an American Vanguard® Company and a vital part of the AMGUARD™ Environmental Technologies specialty brand, becomes the sole access point for Certis technologies in U.S. non-crop markets. Certis Biologicals, a part of the AgriScience Division of Mitsui & Company, is a pioneer in the development of biological pesticides and has become one of the world’s leading manufacturers and distributors of biopesticides.

American Vanguard Corporation (NYSEAVD) today announced financial results for the third quarter and nine months ended September 30, 2023, and a transformation plan for future growth, operational efficiency and profitability.

American Vanguard Corporation (NYSEAVD) announces that it has hired Ms. Shirin Khosravi to the newly-created position of Senior Vice President of Human Resources. Ms. Khosravi brings to this assignment over 30 years of progressive international HR experience in multiple Fortune 500 companies. In those roles, she has demonstrated extensive accomplishments in talent management, succession planning, employee engagement, process standardization and large-scale transformation and change management. She has considerable experience aligning people programs to business strategy with a passion for DEI and high-performance culture. Ms. Khosravi holds a Bachelor of Business Degree from the Edith Cowan University in Australia and Executive MBA from Western University’s Ivey Business School in Canada.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after the close of the stock market.

American Vanguard Corporation (NYSEAVD) announced today that its subsidiary AMVAC LATAM has acquired Punto Verde, a well-established distributor in Guayaquil, Ecuador, to strengthen its product portfolio and market access in the Latin American region. AMVAC LATAM is a key player in the Latin American agricultural sector and has become a leader in the commercialization of crop protection products.

American Vanguard Corporation (NYSEAVD) is pleased to announce the release of its 2023 Corporate Sustainability Report, a detailed update of the Company’s commitment to the principles of Sustainable Agriculture, which is at the center of its Environmental, Social Responsibility, and Governance (ESG) initiative.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company’s common stock to shareholders of record as of September 22, 2023, for distribution on October 6, 2023.

American Vanguard Corporation (NYSEAVD) today announced financial results for the second quarter and six months ended June 30, 2023.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the second quarter ended June 30, 2023, on Tuesday, August 8, 2023, after the close of the stock market.

American Vanguard Corporation (NYSEAVD) announced voting results from its Annual Meeting of Stockholders held on June 7, 2023. As to the first of three initiatives, all nine director nominees - Marisol Angelini, Scott D. Baskin, Mark R. Bassett, Debra F. Edwards, Morton D. Erlich, Emer Gunter, Patrick E. Gottschalk, Keith M. Rosenbloom and Eric G. Wintemute - were reelected to serve on the board of directors until the next annual meeting or until their successors are duly elected and qualified. In addition, the balance of the initiatives appearing on the Company’s proxy passed, namely, the ratification of the appointment of Deloitte Touche, LLP as the company’s independent registered public accounting firm for the year ending December 31, 2023, and advisory approval of the executive compensation policies and practices as set forth in the Company’s 2023 proxy. All nominees and measures received support from over ninety percent of the votes cast at the meeting.

American Vanguard Corporation (NYSEAVD) today announced that the Company’s Board of Directors has approved a program for repurchasing up to $15 million of common stock within the requirements of Exchange Act Rule 10b-18 over the next twelve months. It is expected that this program will commence during the first week of June 2023.

American Vanguard Corporation (NYSEAVD) today announced financial results for the quarter ended March 31, 2023.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the first quarter ended March 31, 2023, on Tuesday, May 9, 2023, after the close of the stock market.

American Vanguard Corporation (NYSEAVD) announced the Company’s Board of Directors has set the date for the 2023 Annual Shareholders Meeting to take place at 11:00 am PT on Wednesday, June 7, 2023. Shareholders of record as of April 10, 2023, will be entitled to vote their shares at that meeting. As has been the case over the past few years, this will be a virtual meeting that will be webcast live. The Company expects to be distributing proxy materials in late April 2023. In addition, the Company’s Audit Committee (with ratification by its Board of Directors) has appointed Deloitte & Touche LLP, (“Deloitte”), to serve as the Company’s independent registered public accounting firm for the period ending December 31, 2023.

American Vanguard Corporation (NYSEAVD) today announced financial results for the full year ended December 31, 2022.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company’s common stock to shareholders of record as of March 24, 2023, for distribution on April 14, 2023.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the fourth quarter ended December 31, 2022, on Monday, March 13, 2023, after the close of the stock market.

American Vanguard Corporation (NYSEAVD), today announced certain key preliminary and unaudited financial results for the full year ended December 31, 2022.

AMGUARD™ Environmental Technologies (“AMGUARD”), the specialty markets division of AMVAC Chemical Corporation, a wholly owned subsidiary of American Vanguard Corporation (NYSEAVD), announced today the acquisition of the product and trademark assets of American Bio-Systems, founded in 1996 as a manufacturer of proprietary-formula microbial cleaning products BioMop-Plus® and DrainGel®.

American Vanguard Corporation (NYSEAVD) announced today that AMVAC®, an American Vanguard Company and a global technology solutions provider in agriculture, has added BioWake™ dual-use biological seed lubricant to its GreenSolutions™ biological product portfolio.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company’s common stock to shareholders of record as of December 28, 2022, for distribution on January 11, 2023.

American Vanguard Corporation (NYSEAVD), today announced financial results for the third quarter and nine months ended September 30, 2022.

American Vanguard Corporation (NYSEAVD) today announced that the company’s Brazilian subsidiary has been granted product registration for use of Counter® insecticide on soybeans in Brazil, the world’s largest agricultural market. Counter is a proven, market-leading soil insecticide that provides superior control of yield-damaging nematode infestation. Additionally, Counter is a selective nematicide, which allows it to be used effectively in conjunction with other products to achieve optimal pest control management.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the third quarter ended September 30, 2022, on Tuesday, November 8, 2022 after the close of the stock market.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.025 per share of the company’s common stock to shareholders of record as of September 23, 2022, for distribution on October 7, 2022.

American Vanguard Corporation (NYSEAVD) today announced that it has entered into an accelerated share repurchase (“ASR”) plan under the terms of which it will repurchase $20 million worth of its common stock. This will be in addition to its existing 10b5-1 repurchase plan dated March 14, 2022.

American Vanguard Corporation (NYSEAVD) today made the following clarifying comments regarding the misreporting of its financial results by third parties yesterday. At about the time the Company issued its earnings release for the three- and six-month periods ended June 30, 2022 (prior to trading on August 9, 2022), Bloomberg inexplicably reduced consensus EBITDA estimates for full-year 2022 from $75 million to $50.8 million. It appears that Bloomberg may have subtracted Q1 2022 EBITDA from the 2022 full-year calculation. In fact, as mentioned on the earnings call (and discussed below), the Company raised its adjusted EBITDA target for 2022 to between $79 million and $81 million.

American Vanguard Corporation (NYSEAVD) today announced financial results for the second quarter and six months ended June 30, 2022.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022 after the close of the stock market.

American Vanguard Corp. (NYSEAVD) announced voting results arising from the Annual Meeting of Stockholders held on June 1, 2022. In a contested election, the nine nominees receiving the highest votes were, in descending order of votes received: Emer Gunter, Debra F. Edwards, Marisol Angelini, Scott D. Baskin, Eric G. Wintemute and Morton D. Erlich (from the Company’s slate of nominees) and Mark R. Bassett, Patrick E. Gottschalk and Keith M. Rosenbloom (from the Cruiser Capital Master Fund LP (“Cruiser”) slate of nominees). These persons will serve as directors until the next annual meeting or until their successors are duly elected and qualified. In addition, the balance of the initiatives appearing on the Company’s proxy passed, namely: the appointment of BDO USA, LLP as the company’s independent registered public accounting firm for the year ending December 31, 2022 was ratified; the Company’s equity incentive plan was amended to add 725,000 shares, to extend the term for 10 years and to include certain immaterial changes and the executive compensation policies and practices as set forth in the 2022 proxy received advisory approval by the stockholders.

American Vanguard Corporation (“American Vanguard” or “the Company”) (NYSEAVD) today issued the following statement:

American Vanguard Corporation (“American Vanguard” or “the Company”) (NYSEAVD) today sent a letter to stockholders in connection with its Annual Meeting of Stockholders (the “2022 Annual Meeting”) that will convene on June 1, 2022. American Vanguard’s Board of Directors unanimously urges stockholders to vote “FOR ALL” the Company’s nine highly qualified director nominees on the WHITE proxy card and to disregard any proxy card received from Cruiser Capital Master Fund LP (“Cruiser”).

American Vanguard Corporation (“American Vanguard” or “the Company”) (NYSEAVD) today disclosed the status and timeline of its ongoing process to refresh the Company’s Board of Directors. The Company is engaged in a process to identify and appoint at least two new independent directors, one no later than the end of 2022 and the other by the end of 2023. Both candidates would require expertise that would complement the Company’s strategic growth plans.

American Vanguard Corporation (“American Vanguard” or “the Company”) (NYSEAVD) today sent a letter to stockholders in connection with its Annual Meeting of Stockholders (the “2022 Annual Meeting”) that will convene on June 1, 2022. American Vanguard’s Board of Directors unanimously urges stockholders to vote “FOR ALL” the Company’s nine highly qualified director nominees on the WHITE proxy card and to disregard any proxy card received from Cruiser Capital Master Fund LP (“Cruiser”).

American Vanguard Corporation (“American Vanguard” or “the Company”) (NYSEAVD) today sent a letter to stockholders in connection with its Annual Meeting of Stockholders (the “2022 Annual Meeting”) that will convene on June 1, 2022. American Vanguard’s Board of Directors unanimously urges stockholders to vote “FOR ALL” the Company’s nine highly qualified director nominees on the WHITE proxy card and disregard any proxy card received from Cruiser Capital Master Fund LP (“Cruiser”).

American Vanguard Corporation (NYSEAVD) today announced financial results for the first quarter ended March 31, 2022.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the first quarter ended March 31, 2022, on Wednesday, May 4, 2022 after the close of the stock market.

American Vanguard Corporation (“American Vanguard” or “the Company”) (NYSEAVD) today announced that it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with its Annual Meeting of Stockholders (the “2022 Annual Meeting”), scheduled to be held on June 1, 2022. Stockholders of record as of April 8, 2022 will be entitled to vote at the meeting.

American Vanguard Corporation (NYSEAVD) today announced that it has filed its preliminary proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Company’s 2022 Annual Meeting of Stockholders (the “2022 Annual Meeting”) scheduled to be held on June 1, 2022. The Company has established April 8, 2022 as the record date for stockholders entitled to vote at the 2022 Annual Meeting.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a $0.025 cash dividend payment to be distributed on April 15, 2022, to shareholders of record as of March 25, 2022.

American Vanguard Corporation (NYSEAVD) announced that its Board of Directors has declared a $0.02 cash dividend payment to be distributed on January 10, 2022, to shareholders of record as of December 27, 2021.

American Vanguard Corporation (NYSEAVD) today announced financial results for the third quarter and nine months ended September 30, 2021.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the third quarter ended September 30, 2021, on Monday, November 8, 2021 after the close of the stock market.

American Vanguard Corporation (NYSEAVD) today announced that, after 15 years of service on its board of directors, Lawrence S. Clark has submitted his resignation effective on the close of business on Thursday, December 9, 2021. He will continue to serve on the board and committees through the next regular meeting of the board.

American Vanguard Corporation (NYSEAVD) today announced that the Company’s Board of Directors has approved a program for repurchasing up to 300,000 shares of common stock within the requirements of Exchange Act Rule 10b-18 over the next six months. Eric Wintemute, Chairman and CEO of American Vanguard, stated, “This repurchasing program will help to offset the expansion of outstanding shares arising from equity awards made to the company’s employees. We believe that equity awards help to align the interests of our workforce with those of our shareholders, enable our employees to share in the company’s long-term success and help to retain personnel, particularly in competitive employment markets. The authorization to repurchase shares further reflects the strong degree of confidence that our board of directors has in the strategic growth initiatives that are transforming AVD, including new technologies in Green Solutions and precision application.”

American Vanguard Corporation (NYSEAVD) today announced financial results for the second quarter and six months ended June 30, 2021.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the second quarter ended June 30, 2021, on Monday, August 9, 2021 after the close of the stock market.

American Vanguard Corporation (NYSEAVD) today announced financial results for the first quarter ended March 31, 2021.

American Vanguard Corporation (“AVD”; NYSE: AVD) announced today that AMVAC® Environmental Products (“AEP”) – a leading provider of proven chemistries and low-impact solutions to the professional pest, public health, golf, lawn care, and ornamental markets – is rebranding its businesses and will operate under the new brand name AMGUARD™ Environmental Technologies.

American Vanguard Corporation (NYSEAVD), today announced that it will report financial results for the first quarter ended March 31, 2021 on Thursday, May 6, 2021 after the close of the stock market.