April 3, 2023

AquaBounty Technologies announces retirement of board of directors member

AquaBounty Technologies, Inc., a US-based aquaculture company that utilises technology to enhance productivity and sustainability, announced on March 30 that Richard J. Clothier will retire from AquaBounty's board of directors and will not stand for reelection at the company's annual shareholder meeting on May 25.

Clothier has extensive experience in the agribusiness and biotechnology sectors, having served as chairman of the board of directors of AquaBounty since April 2006, as chairman of Robinson Plc from 2004 to 2018 and chairman of Spearhead International Ltd from 2005 to 2015.

Clothier retired as group chief executive of PGI Group Plc, an international agricultural products producer, following 20 years with Dalgety Plc, where he was chief executive officer of the genetics firm Pig Improvement Company until 1992 and then group chief executive officer until 1997.

Sylvia Wulf, CEO of AquaBounty, said: "Richard's contributions to our board over the last 17 years have been remarkable. His steady guidance through years of challenges has helped to build AquaBounty into the aquaculture leader that it is today. On behalf of our shareholders, the management team and the board of AquaBounty, I would like to personally thank Richard for his impact and service and wish him and his family a wonderful retirement."

"I am honored to have served as chairman of AquaBounty, an industry pioneer and innovator that successfully developed and brought to market the first-ever FDA-approved genetically engineered animal for human consumption," Clothier said. "AquaBounty is in an exciting phase with the construction of its new farm in Pioneer, Ohio (the United States) well underway. I retire with full confidence in the management and the board to continue the company's progression with its high standard of operational expertise."

- AquaBounty