ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Pairwise Welcomes Former Walmart Executive to Board of Directors

Experienced senior executive Michelle Gloeckler will bring more than three decades of Consumer Packaged Goods (CPG) customer marketing and retail experience

Pairwise, a mission-driven food tech company that uses gene editing to develop new varieties of fruits and vegetables, today announced the addition of accomplished senior executive Michelle Gloeckler to its Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220127005401/en/

Michelle Gloeckler joins Pairwise Board of Directors. (Photo: Business Wire)

Michelle Gloeckler joins Pairwise Board of Directors. (Photo: Business Wire)

Gloeckler brings over 30 years of experience in retail, CPG, and operations to the board and will focus on guiding Pairwise as the company moves toward its first commercial product launch in 2023.

“I am excited not just by Pairwise’s differentiation in the market and its existing relationships with channel partners but also its mandate – to build a healthier world through better fruits and vegetables. I look forward to helping Pairwise continue to build its strong brand presence as a mission-driven company using its technology platform to bring true innovation to the marketplace, from produce to other plant-based verticals,” said Gloeckler.

“Michelle brings executive-level expertise from the CPG and retail industries to the Pairwise board, and we are excited to welcome her guidance as we enter our crucial next phase of growth as a technology-driven innovator in plant-based foods,” said Tom Adams, Chief Executive Officer and Co-Founder of Pairwise. “We believe that the use of gene editing technology offers a transformative opportunity to open a new horizon for the $66 billion U.S. retail produce market*.”

Gloeckler has formidable experience from both retail and CPG sectors. Her 10+ years at retail included executive leadership at Walmart serving most recently as EVP Consumables, Health & Wellness and US Manufacturing Lead. During her 21 years at The Hershey Company, she held a variety of sales and customer marketing leadership roles, including Vice President, Strategic Customers and Vice President, Customer Marketing.

From overseeing the merchandising strategies for several key areas at Walmart, totaling more than $78 billion in revenue, to her vast experience in a variety of general management, sales, and customer marketing positions at The Hershey Company, Gloeckler will put her unique point of view to work at Pairwise in support of the company’s mission.

In addition to her new position as the first Independent Director for Pairwise, Gloeckler has a robust background of serving in key roles on a number of boards, including publicly traded firms The Duckhorn Portfolio, Inc., Holley Inc., and BJ’s Wholesale Club Holdings Inc. Additional

advisory roles include: Blendid, Peep Performance/Go2 Devices, and the University of Michigan.

Gloeckler joins Pairwise’s established board of investors, advisors, and members, including board Chair Cam Wheeler from Deerfield Management Company (Deerfield), Board Members Ben Belldegrun from Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech), Derek Norman from Leaps by Bayer, and Pairwise Chief Executive Officer and Co-Founder Tom Adams. Board Observers include Ryan Rakestraw, Temasek Holdings, and Haven Baker, Chief Business Officer and Co-Founder.

In February 2021, Pairwise raised $90 million in a successful series B funding round, bringing total fundraising to $115 million when combined with the series A funding round. Additionally, Pairwise has a $100 million, five-year collaboration with Bayer Crop Science to advance gene editing tools in row crops. Pairwise is currently developing new types of leafy greens, berries, and cherries. In three years, the company has grown to over 130 employees with additional anticipated growth in 2022.

*Nielsen xAOC, 2019

About Pairwise

Driven by the belief that whole food should be healthy, delicious, and convenient, Pairwise brings together leaders in agriculture, technology, and consumer foods to harness the transformative potential of new genomics technologies to create innovative new products. Pairwise is working to develop new varieties of crops, and to partner with food and agriculture companies who seek to put nutritious food on tables across North America. The company was founded by CEO Tom Adams and Chief Business Officer Haven Baker, with scientific co-founders J. Keith Joung, Professor of Pathology at Harvard Medical School, David Liu, Director of the Merkin Institute of Transformative Technologies in Healthcare, and Vice-Chair of the Faculty at the Broad Institute of Harvard and MIT; and Feng Zhang, McGovern Investigator and a professor at MIT. For more information, visit www.pairwise.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.