CLXT stock is moving higher on December 3, 2019, after the company announced the appointment of Vince Restucci.

Calyxt, Inc. (NASDAQ: CLXT), a plant-based technology company focused on healthy food ingredients, has appointed Vince Restucci in a newly created role as Vice President of Agronomy Services to support the expansion of Calyxt’s grower network and Identity Preserved System.

Mr. Restucci has a diverse background in purchasing, marketing and technical expertise across farming, consumer packaged goods, food, and agribusiness environments, making him a versatile addition to help steer the Calyxt agronomy team. His vast experience will guide our growing list of strategic agronomy partners to improve the quality of crops, increase yield and address questions related to chemistry and stewardship practices.

“We expect Vince, with his deep agribusiness knowledge, to have a positive impact in helping us to grow not only our first commercial product, High Oleic Soybean, but also expansion to new crops including wheat, hemp and alfalfa,” said Manoj Sahoo, Chief Business Development and Supply Chain Officer with Calyxt. “As a well-respected and driven agribusiness leader, Vince will tap into and expand our grower relationships. We believe this strategy will strengthen our initiative to double contracted acres year over year as already evident with our 2020 contracted acreage goal of 100,000 acres versus 36,000 planted acres in 2019,” concluded Sahoo.

Vince brings more than 35 years of agribusiness, refining and CPG experience to Calyxt. Most recently with R.D. Offutt Company, he served as Director of Procurement & Business Technology, where he was responsible for managing crop production inputs on 48 separate farming locations where he oversaw field technology and precision agriculture activities. He previously held positions with J.R. Simplot Company, Western Refining and Miller Brewing Company. Mr. Restucci obtained his Bachelor of Science in Marketing from the University of Alabama at Birmingham and his MBA from the Keller Graduate School of Management in Scottsdale, Arizona. He served in the U.S. Army as a Chief Warrant Officer and a Medical Evacuation Helicopter Pilot.

Calyxt was invited to present at the following upcoming conferences:

Citi 2019 Basic Materials Conference
Attendees: Jim Blome, Chief Executive Officer and Bill Koschak, Chief Financial Officer
Presentation: Wednesday, December 4, 2019
Location: New York, New York

Jefferies Alternative Protein Summit
Attendees: Jim Blome, Chief Executive Officer
Presentation: Tuesday, December 10, 2019
Location: New York, New York

LD Micro Main Event 2019
Attendees: Bill Koschak, Chief Financial Officer
Presentation: Wednesday, December 11, 2019
Location: Los Angeles, California

finviz dynamic chart for  clxt
Calyxt News From Google