Gov. Reference ID: 0.8decc017.1677933561.2c6dde87. Webb's sprawling Appalachia dream has been featured on CBS' 60 Minutes and in major newspapers across the country. Webb attributed the quality problems to scaling up the Morehead facility to 400 employees. Salary Company Earnings; Sep 30 2022: n/a: n/a-US$172m Two greenhouses in Berea and Richmond are more than 30 percent constructed. Jonathan Webb is on Facebook. , except that Jonathan Webb, the Company's Chief Executive Officer, is not eligible to participate for the 2021 performance period. AppHarvest Founder & CEO Oct-2014 to Feb-2017 Archetype USA Contract Support (U.S. Army Office of Energy Initiatives) Jan-2010 to Oct-2014 Simple Choice Solutions Managing Director Competencies Crop Market Platforms (Agtech) Other Edit Jonathan WebbAchievements and Recognitions Add Milestone No milestones has been recorded for Jonathan Webb Edit EMPLOYMENT AGREEMENT . Marketing. Benefits information is taken from job posted on Indeed. Mr. Jonathan Webb is Founder and Chief Executive Officer at AppHarvest, Inc since January 2018 and is its Chairman of the Board. Jonathan Webb | Speaking Fee, Booking Agent, & Contact Info | CAA Speakers Inquire below to book Jonathan Webb Founder & CEO, AppHarvest Entrepreneurs Founders / CEOs Climate Change & Sustainability Innovation Science & Technology What's Next? The Cash Incentive Plan provides For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. The foregoing description . So yeah, were actively having conversations with CEOs, with investors, with partners, with anyone who wants to partner with us here in Kentucky and to help make our mission succeed.. Founder of AppHarvest, Inc., AppHarvest Morehead Farm LLC and AppHarvest Operations, Inc., Jonathan Webb is an entrepreneur who is Chairman & Chief Executive Officer of AppHarvest, Inc. and Chairman & Chief Executive Officer of AppHarvest Operations, Inc. (a subsidiary of AppHarvest, Inc.). employee will be assigned an individual incentive target expressed as a percentage of the employee's annual base salary . Posted in Press Releases. $357,640 per year. APPHARVEST INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant is an emerging growth The company disclosed a $32 million net loss and dramatically cut projected earnings for the year. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Company leadership on the call said the profits from selling tomatoes from the flagship Morehead greenhouse were lower because the prices of tomatoes hit a 10-year low in May and the quality of the tomatoes was lacking. Today on Work In Progress, Sophia is joined by Jonathan Webb (@webbjonathan). Liz Moomey is a Report for America Corps member covering Eastern Kentucky for the Lexington Herald-Leader. "Our favorable crop yields and market pricing. As one of the newest businesses at the forefront of Agtech, AppHarvest (APPH-7.84%) . Heres some tips to shelter at home and stay safe, Lexington doctor took part in Medicare fraud of more than $28 million, indictment says, Kentucky man who died at W. Va. coal mine was thrown from bulldozer as it rolled. At least 4 deaths; power outages climb. ValueAct Capital Co-founder and CEO Jeffrey W. Ubben also announced he would join AppHarvest's Board of Directors. Loren holds a bachelors degree in accounting from the University of Kentucky and a masters in accounting from the University of Notre Dame. area code: (606) 653-6100, (Former Name or Former Address, if Changed Since Last Report). scusiamo se questo pu causarti degli inconvenienti. This story was originally published August 12, 2021, 2:46 PM. Appharvest, Inc. : Change in Directors or Principal Officers (form 8-K) AQ. charter), Registrants telephone number, including It's a big opportunityto bring "together types of science that I'm not sure that we have seen in Kentucky. But AppHarvest actually has built farms, hired people and started to deliver produce to market, Webb said. The investment pool focuses on promising technology and new. The company also closed a separate Series A funding round led by ValueAct Spring Fund. Over the last four quarters, AppHarvest's revenue has decreased by 82.9%. He has a bachelors degree in business from the University of Kentucky. AppHarvest, the ambitious Morehead-based produce company that planned to open twelve huge, high-tech, indoor farms across Central Appalachia by 2025, told investors last month that its running out of cash. The suits cite the eyewitness accounts of six unnamed confidential witnesses who allegedly held different jobs inside AppHarvest during 2021. High 59F. Its unfortunate, said Jonathan Webb, AppHarvests founder and chief executive officer, in an interview with the Herald-Leader. Andy Beshear unveiled an ambitious vision to grow fresh produce in the eastern U.S.,create jobs fora region slammed by coal's collapseand build an "ag-tech"epicenter. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. We prioritize direct shipping and reduce transportation fuel by up to 80% compared to produce from Mexico or the U.S. Southwest. If the companys stock trades below $1 for more than 30 consecutive days, it can be dropped from the NASDAQ. . Se continui a visualizzare In just the last few years, Braidy Industries failed to build an aluminum mill near Ashland despite $15 million in state investments and EnerBlu dropped plans for a battery plant in Pikeville. Please enable Cookies and reload the page. At Windset, he supported both significant infrastructure and revenue growth. The data presented on this page does not represent the view of AppHarvest and its employees or that of Zippia. of the Non-Employee Director Compensation Policy is not complete and is subject to and qualified in its entirety by reference to the Non-Employee las molestias. POLL QUESTION: Which team will win the Boys Basketball 12th Region Tournament? Claiming and updating your company profile on Zippia is free and easy. om ons te informeren over dit probleem. We reserve the right to block IP addresses that submit excessive requests. Company Overview. One salary reported. Cowen Adjusts Price Target on AppHarvest to $2 From $9, Maintains Outperform Rating. Webb, a Kentucky native and University of Kentucky graduate, says he remains committed to his goal of employing large numbers of people at high-tech farms around the eastern half of the state. Andy Beshear, Sen. Hal Rogers, and AppHarvest CEO Jonathan Webb spoke during a groundbreaking ceremony at the site of AppHarvest's new facility in Somerset, Ky., Monday, June 21, 2021. to let us know you're having trouble. Jonathan Webb is the founder and CEO of AppHarvest, a sustainable foods company developing and operating some of the world's largest high-tech indoor farms with robotics and artificial intelligence capabilities to build a reliable, climate-resilient food system. to Section 13(a) of the Exchange Act. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Grace Schneider: 502-582-4082; gschneider@courierjournal.com; Twitter: @gesinfk. The year-round, temperature-controlled farms have made the Netherlands the world's second largest agricultural exporter and a leading aginnovator, Webb said during his morning announcements. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. On today's show, AppHarvest Founder & CEO Jonathan Webb talks about AgTech (agriculture tech), the third wave of sustainable infrastructure. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. The employee data is based on information from people who have self-reported their past or current employments at AppHarvest. To raise the necessary capital for its next 12 months an estimated $85 million to $95 million AppHarvest hopes to sell its 15-acre Berea farm to its distributor, Mastronardi Produce Limited, and then lease back the facility. Join Facebook to connect with Jonathan Webb and others you may know. Jonathan Webb. AppHarvest, Inc. is an American food production company developing and operating indoor farms in Appalachia. Aydanos a proteger Glassdoor y demustranos que eres una persona real. The nation, which is roughly a third the land mass of Kentucky, has a network of 10,000 companies tied to its greenhouses. verdade. The four-farm network consists of 165 acres under glass. AppHarvest Founder and CEO Jonathan Webb speaks during groundbreaking for the new facility located in Shopville, on June 21, 2021. AppHarvest CEO Jonathan Webb has given dozens of interviews to promote the company. Theyre unhappy about the collapse of its stock price, and they allege fraud. Tony joined AppHarvest following a nearly 12-year career with Windset Farms, one of the largest CEA producers and marketers of indoor-grown crops in North America with more than 250 acres in the U.S. and Canada. Absent additional sources of financing, we expect that our existing cash and cash equivalents will only allow us to continue our planned operations into the first quarter of 2023, the company said. However, given the financial challenges facing the company, his original plan to open 12 mega-farms by 2025 is off the table for now, he said. AppHarvest eventually expects expects to deliver to 25large grocery chains from Atlanta to New York, as well as those as far west asSt. Louis and Chicago. AppHarvest is pausing its plan to build a dozen indoor farms. AppHarvest Inc (NASDAQ:APPH) . However, reality has proven far less bullish. Best Internet Companies to Work For in Kentucky, Best Companies to Work For in Morehead, KY, AppHarvest Industrial Maintenance Technician Jobs. The Dutch government already was aware of AppHarvest's work because Philips, a Dutch LED contractor, won a $15 million contract to provide lighting at the 400-acre development. a Non-Employee Director Compensation Policy (the Non-Employee Director Compensation Policy). Management believes there is substantial doubt about our ability to continue as a going concern, AppHarvest warned investors Nov. 7 in its 10-Q filing for the third quarter of 2022. If the company can get cash in hand from the sale of its Berea farm, AppHarvest should be able to remove the alarming substantial doubt language from future investor disclosures, said chief financial officer Loren Eggleton. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. "The facility itself is really living while the plants are living," explains Jonathan Webb, AppHarvest's CEO. MT. Jonathan Webb is the Founder and CEO of AppHarvest, a company that combines conventional agricultural techniques with cutting-edge technology to address key issues including improving access. How experienced are the management team and are they aligned to shareholders interests? If an emerging growth company, indicate by check mark if the registrant AppHarvest Founder & CEO Mar 2017 Related Hubs Education Jonathan Webb studied at University of Kentucky. Another longtime Dutch firm, Dalsem, designed and manufactured the greenhouse parts, which have been assembled by an Appalachia-based construction company. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Associated Press. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. An Appalachian native, he holds a bachelors degree in communications from the University of Tennessee and a masters in communications management from the Newhouse School of Public Communications at Syracuse University. How much do AppHarvest employees make? The company operates a 60-acre tomato farm in Morehead, Kentucky,[1][2] with plans to operate an additional 3 farms across Kentucky. Projected net sales for 2022, which the company set at $24 million to $32 million earlier this year, have been revised downward to $14 million to $17 million, or barely half the original sum. Employee is employed by the Company as its Chief Executive Officer. The year 2020 has been especially eventful for the company, which raised $28 million in August and finished building out its 2.76 million-square foot flagship facility a few months ago. On March 23, 2021, the Board AppHarvest Financial Performance 9.6 Performance Score Lamentamos The information shown here is a reporting of information included in the company's proxy statement. How much do AppHarvest Marketing jobs pay? Sorry, there are no recent results for popular videos. The state will provide only performance-based incentives tied to jobs and the overall investment in the project, he said. Any cash incentive awards that become payable under the Cash Incentive Plan will generally be paid no Wenn Outside In Podcast: Jonathan Webb, CEO, AppHarvest: AgTech Farming for Our Planet's Future Amid the verdant rolling hills of central Kentucky, in the heart of Appalachian coal country, you'll find 60 acres of a massive, glass-encased structure. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. of the Cash Incentive Plan is not complete and is subject to and qualified in its entirety by reference to the Cash Incentive Plan, a Additionally, the speed bumps associated with our initial harvest are fixable and weve already deployed solutions against these problems in advance for our next harvest.. AppHarvest also held a telethon raising nearly $1.3-million to help with flood relief. When poorly trained workers could not keep up with the harvest, overripe tomatoes dropped to the ground, where large numbers of gnats swarmed, they said.