Recht to lead long term financial planning and corporate funding strategy
Agrothermal Systems Board Chairman, Richard Griffith announced that Board member Steve Recht has been elected Vice Chairman of the Agrothermal Board of Directors. According to Griffith, “Steve brings a diverse financial and senior management background to the Agrothermal Team with over 40 years of business leadership experience. He has previously served as CFO, COO and CEO for public, private equity backed, and venture backed companies.”
“We’re excited to utilize Steve’s vast network, expertise and wisdom on how to build well-funded successful companies. His track record shows an ability to accelerate corporate growth to the benefit of shareholders. Steve’s guidance will play a vital role as Agrothermal continues its growth agenda.” Says CEO, Marty Fischer.
Recht’s career includes Board of Director roles for public firms such as Marimba, Inc. of Sunnyvale, CA and Sizmek, Inc. of Austin, Texas and CFO roles for numerous private and public firms including for the IPO’s of Shutterfly, Inc. and NetGravity, Inc. Most recently Recht was CFO of Aconex, Ltd of Melbourne, Australia. Aconex is a software management platform with 41 offices around the globe. As CFO, Recht completed an IPO on the Australian Securities Exchange.
Steve Recht is excited about this early stage company and added “it is not every day that I run across companies with a disruptive technology capable of revolutionizing an industry. To lead Agrothermal Systems funding program, as well as participating in its overall business direction, is a terrific opportunity. I think their intellectual property, growing base of customers, and vision for agricultural food production is timely and with unlimited growth potential.” Recht holds a BA in Economics from Stanford University and an MBA from Wharton.
Agrothermal Systems is based in Napa, California and is a DBA of Lazo TPC Global, Inc. a California Corporation. Agrothermal Systems has pioneered the use of Thermaculture treatment services as a sustainable, low cost technology to increase yields, reduce pesticide needs and improve crop qualities. The company holds patents on Thermal Pest Control and has patents pending on other aspects of the technology.