February 1, 2024

 

Alltech appoints new chief operations and financial officer

 

Alltech has appointed E. Michael Castle II as chief operations and financial officer of the company.

 

Castle has been with Alltech for 19 years, most recently serving as chief operating officer and chief executive officers of the Alltech Feed Division. He has deep experience in the business globally, having also served as chief administrative and legal officer, among other roles.

 

Castle began his career at Alltech as an engineering intern. He went on to earn a Juris Doctor from Washington University St. Louis School of Law and then returned to Alltech.

 

"Having worked with Alltech for almost two decades, Mike has Alltech DNA through and through. He worked closely with our leadership team and my father on many of the most important deals in our history," said  Dr. Mark Lyons, president and CEO of Alltech. "Since the passing of Dr. Pearse Lyons in 2018, Mike and I have worked hand in glove to lead the business.

 

"In all his endeavors, Mike has demonstrated unparalleled dedication, exemplary leadership and a passion for excellence. He is an invaluable asset to Alltech – and a trusted friend and colleague to me. There is no one better prepared — and no one I'd rather work alongside — to lead Alltech into the future."

 

Castle is supported in leadership of Alltech's financial strategy by:

 

    - May Xu, deputy chief finance officer (audit and reporting);

 

    - Flora Djojo, chief tax officer;

 

    - AnaLucia Medrano, who has been promoted to director of financial planning and analysis (FP&A). Medrano most recently served as finance director of Alltech Crop Science;

 

    - Hemant Gandhi, vice president of finance (global treasury);

 

    - Alric Blake, former CFO and CEO of Alltech who served as interim CFO over 2023 Q3-Q4, will remain a senior advisor to the business.

 

"Alltech has an exciting future built on its strong foundation of helping farmers, ranchers and producers nourish the world and nurture the planet," said Castle. "I am pleased to continue working alongside Dr. Mark Lyons to help Alltech capitalise on opportunities to provide solutions that improve the health of animals and the soil, maximise the value of feed, increase on-farm efficiency and help lower environmental impact."

 

- Alltech