Stars Sophia Bush Jonathan Webb See production, box office & company info Add to Watchlist Photos Add photo Top cast Edit Sophia Bush Self - Host Jonathan Webb The employee data is based on information from people who have self-reported their past or current employments at AppHarvest. Note: We do not offer technical support for developing or debugging scripted downloading processes. Salary Company Earnings; Sep 30 2022: n/a: n/a-US$172m Jonathan Webb's Post Jonathan Webb CEO at AppHarvest 1y 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. Webb said the company has ample funds for the construction of future farms. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. "This is so pivotal because" of the potential to build a new future for Kentucky, Webbsaidduring a morning video announcement with the Netherlands' top agricultural minister, contractor company executivesandcollege administrators. He was Presid. AppHarvest has rounded up $120 million in venture capital, including cash from AOL co-founder Steve Case's Rise of the Rest fund. JONATHAN WEBB: Yeah, we really don't think we need to be raising prices for the consumer much above kind of where we're at now. AppHarvest discloses substantial doubt about its future, Southern Kentucky Health & Family Magazine, Braiden Myers signs with the University of Kentucky, Potential severe weather forces postponement of, Pulaski County overcomes slow start, takes down, Jaclyn Davis signs with the University of the C. Its not any persons fault, Webb said. Andy Beshear and U.S. Rep. Andy Barr, R-Lexington, were among the dignitaries who attended the farms heavily publicized opening last month. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. A headliner event at the February 28 - March 1, 2022 edition of the trade show and conference for the indoor . Drawing inspiration from a National Geographic article he read on sustainable indoor farming in the Netherlands, Webb traveled with friends to Holland in 2015 to see the farms for himself. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. AppHarvest raised its revenue outlook range for fiscal year 2021 on February 25, 2021, versus expectations prior to the start of harvesting. Support strong local journalism by subscribing today: courier-journal.com/graces. It would have been evident to the ordinary investor that AppHarvest would encounter problems with labor and tomato quality and yield.. Any person who has joined this company has been wildly talented and has put a lot into the company. Si vous continuez voir ce Executive Assistant. But that will change shortly, Webb said. In re: AppHarvest Securities Litigation, U.S. District Court, Southern District of New York In reality, they said, many of the tomatoes grown in Morehead fell short of the USDA Grade No. AppHarvest may also be known as or be related to APPHARVEST, INC., AppHarvest, AppHarvest, Inc, AppHarvest, Inc. and Appharvest, Inc. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Salary information comes from 70 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Company Overview. Yes, we had a challenge of hiring 400 people and training them and hitting the yield, not only the yield, but the quality, Webb said. He has been a Director at AppHarvest, Inc. since January 2018. Item 5.02 Departure of Directors or Certain The At times, the company had to bring in contract labor from outside the region, according to the suits. The bounty -- sold in grocery retailers like Kroger, Publix, 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. How has Jonathan Webb's remuneration changed compared to AppHarvest's earnings? AppHarvest currently operates its 60-acre flagship farm in Morehead, Ky., producing tomatoes, a 15-acre indoor farm for salad greens in Berea, Ky., a 30-acre farm for strawberries and cucumbers in Somerset, Ky., and a 60-acre farm in Richmond, Ky., for tomatoes. under the Cash Incentive Plan. The company also broke ground on another facility in Morehead and a first facility in Somerset, which will be operational by the end of 2022. Instead, it will focus on trying to turn a profit over the next few years at its three existing farms, in Morehead, Berea and Somerset, and a fourth, in Richmond, that should be operating soon. Aydanos a proteger Glassdoor verificando que eres una persona real. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. We talk about how, at current rates of production, we'll need two earths to provide the needed supply of food by 2050 -- and about how Jonathan is tackling that plus other systemic issues like hunger despite supply. This report is not for commercial use. Webb attributed the quality problems to scaling up the Morehead facility to 400 employees. Another longtime Dutch firm, Dalsem, designed and manufactured the greenhouse parts, which have been assembled by an Appalachia-based construction company. AppHarvest Founder and CEO Jonathan Webb, a solar industry veteran, knew he had to do something to help his hometown community. 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 is pausing its plan to build a dozen indoor farms. We dont wait at borders. The leadership remained optimistic about the long-term operations of the company. Job Title. Before founding AppHarvest, Webb worked with the U.S. Department of Defense on one of the largest solar projects in the Southeastern U.S., to ensure that the military's hundreds of installations develop resilient on-site power generation and receive 20% of their electricity from renewable sources by 2025. . 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. Jonathan Webb. envie um e-mail para "Our favorable crop yields and market pricing. copy of which is attached hereto as Exhibit 10.2 and is incorporated herein by reference. AppHarvest's mission statement is "We're building a sustainable, homegrown food supply that's accessible to all, all year long.". Have you worked at AppHarvest? We hope that they are able to prosper.. have filed five federal lawsuits against AppHarvest in the last 15 months. 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. AppHarvest closed its $1 billion SPAC deal and began trading as a public company Monday. 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. real person. . Share prices nosedived from more than $30 in February 2021, when the company went public on the NASDAQ exchange, to about $1.20 this week. The winners in each of the 13 categories, plus additional honors, will be awarded at the 24th annual SXSW Innovation Awards on Monday, March 14, 2022. Its also removing two top executives as part of a restructuring that will cost up to $7 million in severance payments. I mean, look at GM, for example, and all the different auto brands inside of GM. The four-farm network consists of 165 acres under glass. In the suits, shareholders say that AppHarvest executives misled investors and regulators with the U.S. Securities and Exchange Commission to make it appear they were better prepared for the companys launch than they really were. Inside is a tightly controlled environment that uses 90% less water than open-field agriculture and only rainwater to produce crop yields up to 30 times that of traditional farming. amounts will be payable in equal quarterly installments in arrears following the end of each fiscal quarter in which the service occurs, 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. Aydanos a proteger Glassdoor y demustranos que eres una persona real. The investment pool focuses on promising technology and new companies in middle America, which Case has argued are too often passed over in favor ofSilicon Valley and East Coast tech hubs. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. CEO Jonathan Webb explained how it grew from a $250,000 seed round to a public company in three years. AppHarvest CEO Jonathan Webb Discusses Positioning Kentucky as an Agricultural Leader By this time next year, AppHarvest expects to begin production in the 2.76-million-square-foot greenhouse the company is building in Morehead, Kentucky. Speaker Bio: Jonathan Webb is the Founder & CEO of AppHarvest, a sustainable foods company developing and operating some of the world's largest high-tech indoor farms to build an efficient food system. 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. Help other job seekers by rating AppHarvest. Town Haul Rewind: Jonathan Webb, Founder of AppHarvest By Amy Koonin Taylor, Marketing Content and Media Manager, April 13, 2021 On a quest to revolutionize the agricultural and social landscape of Eastern Kentucky, Jonathan Webb has his work cut out for him. APPHARVEST INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Committee may modify and/or adjust the performance goals or the related level of achievement, in whole or in part, as it deems In its Nov. 7 filing, AppHarvest reported net losses of $83 million for the first nine months of the year and net sales of $10 million, with an accumulated deficit of $270 million. What to know, Are you prepared for a tornado? The nation, which is roughly a third the land mass of Kentucky, has a network of 10,000 companies tied to its greenhouses. He was Presid Show more, Mr. Jonathan Webb is Founder and Chief Executive Officer at AppHarvest, Inc since January 2018 and is its Chairman of the Board. Sign up now to get our FREE breaking news coverage delivered right to your inbox. Si continas recibiendo este mensaje, infrmanos del problema Jonathan Webb is Chairman/CEO/Founder at AppHarvest Inc. See Jonathan Webb's compensation, career history, education, & memberships. 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. AppHarvest Financial Performance 9.6 Performance Score AppHarvest says it never misled anyone. Tony has served as a consultant in the CEA sector and is a board member of the Fruit & Vegetable Dispute Resolution Corporation, a non-profit that sets standards for the trade of fresh fruits and vegetables in Canada. Vision insurance; Health insurance; Date Total Comp. We just have to prove ourselves, Webb said. 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? area code: (606) 653-6100, (Former Name or Former Address, if Changed Since Last Report). The company, which has raised more than $100 million in funding, is building some of the largest indoor farms in the world, combining conventional agricultural techniques with today's . message, please email AppHarvest sold 8.6 million pounds of tomatoes in the second quarter, an increase of 4.8 million pounds from the first quarter. Onze Kentucky native and University of Kentucky graduate Jonathan Webb is turning his dream of a high-tech farming hub in Appalachia into reality with AppHarvest. [5] prorated for any partial months of service, with the first payment being retroactive to January 29, 2021. Inside, you'll find row after row of tomatoes. Dutchfarms now grow up to 30 times more fruits and vegetables on a single acreindoors compared to oneacre outdoors, while slashing water usage by 90%. That includes businesswoman and celebrity Martha Stewart, who Webb said hasjoined the company board of directors. Founded by Jonathan Webb, the company aims to use Kentucky's central geographic location to reduce carbon emissions, delivering produce to Midwest and East Coast markets. Beshear told reporters in Frankfort that he's excited about the infusion ofscience and tech know-how. . om ons te informeren over dit probleem. 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. POLL QUESTION: Which team will win the Boys Basketball 12th Region Tournament? We are sorry for the inconvenience. How experienced are the management team and are they aligned to shareholders interests? Any cash incentive awards that become payable under the Cash Incentive Plan will generally be paid no Celebrities on the board of directors included lifestyle entrepreneur Martha Stewart and investor and Hillbilly Elegy author J.D. charter), Registrants telephone number, including 65% of the management team is White. Administrative Assistance. 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 Join Facebook to connect with Jonathan Webb and others you may know. Help us make this company more transparent. Designed to grow non-GMO, chemical pesticide-free produce, the indoor farms use up to 90 percent less water than open-field . "This startup is going to put one of the world's largest sustainable greenhouses in coal country", "Could the biggest greenhouse in the US be the future of farming? CHECK AVAILABILITY AT A GLANCE VIDEOS BIOGRAPHY TOPICS RELATED CHECK AVAILABILITY Jonathan Webb BROWSE Insiders are officers, directors, or significant investors in a company. Gov. AppHarvest expected to sell $20 million to $25 million this year but have scaled back their targets to $7 million to $9 million. Best Internet Companies to Work For in Kentucky, Best Companies to Work For in Morehead, KY, AppHarvest Industrial Maintenance Technician Jobs. the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. After years of study and gathering support from inside and outside the region, Jonathan is turning his dream of a high-tech farming hub in Appalachia into reality. The first AppHarvest tomatoes were delivered to grocery stores last year. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. a Non-Employee Director Compensation Policy (the Non-Employee Director Compensation Policy). On Aug. 11, 2021, AppHarvest shocked the market with a second-quarter filing that finally revealed the true scope of its problems, including lower-than-expected labor productivity and quality challenges, according to the suits. 02/21. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. He's not letting it distract from realities on the ground, in the eastern Kentucky mountains. AppHarvest is a small internet company based in Kentucky with only 78 employees and an annual revenue of $8.5M. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Zippia gives an in-depth look into the details of AppHarvest, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AppHarvest. Emily brings a wealth of knowledge and experience to her current role, having earned her SHRM certification and a bachelor's in interdisciplinary studies from Western Kentucky University. by the Committee from time to time. except that Jonathan Webb, the Companys Chief Executive Officer, is not eligible to participate for the 2021 performance period. For more information, contact opendata@sec.gov. excuses voor het ongemak. , except that Jonathan Webb, the Company's Chief Executive Officer, is not eligible to participate for the 2021 performance period.

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