(AgriMarketing) Pivot Bio Names New CEO, Sales Pass $100 Million Mark, to Build New Facilities
August 31, 2023
Pivot Bio, Inc., a sustainable agriculture company delivering farmers patented crop nutrition technologies that harness the power of nature to reliably and productively grow the food the world needs, has named Chris Abbott as Chief Executive Officer, effective immediately, to build upon the company’s success to date. As previously announced, Pivot Bio co-founder and current CEO Karsten Temme will become Chief Innovation Officer.
Chris Abbott is an industry leader and hands-on strategist who has focused his career on agriculture, water, sustainability, and technology. He most recently helped launch and build Conti Ventures at Continental Grain Company, a global investor, owner, and operator of companies with more than 200 years of history across the food and agribusiness spectrum. Chris has also served as a board director for several agriculture tech companies, including Pivot Bio since 2018.
“I’m excited to build upon the rock-solid foundation of breakthrough scientific discovery and novel products that Karsten and the Pivot Bio team have built,” said Chris Abbott, Pivot Bio CEO. “With Pivot Bio, growers achieve better profitability, predictability, safety, and sustainability. We help them realize strong yield results, greater ROI, and higher margins — that’s an unbeatable value proposition to continue capturing market share in the $190B nitrogen market.”
The company has plans for a new 48,000-square-foot facility in St. Louis for the development, production, and manufacturing of Pivot Bio’s latest product and agriculture’s first-ever on-seed nitrogen technology, PROVEN® 40 OS and RETURN® OS. READ MORE