CLEANTECH ENTREPRENEUR JOINS TERRAMERA AS CHIEF FINANCIAL OFFICER

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VANCOUVER, BC – February 6, 2019 - Terramera, the leader in Technology for Clean Food, today announced that former Nexterra Systems CEO, Mike Scott, has joined the company as Chief Financial Officer. Mike is a respected member of the business community with over 25 years’ experience in various advisory and executive roles as a cleantech CEO, lawyer, investment banker and entrepreneur.

"Terramera’s unique combination of mission, technology and team is very compelling. I believe we have a world-leading company being built here, with a tremendous opportunity to make a significant impact on agricultural sustainability and productivity worldwide,” said Mike. “I’m thrilled to join Terramera’s impressive team to help take the company to the next level in its growth. I look forward to contributing to an important step in the clean food revolution.”

As Chief Financial Officer, Mike will provide senior executive leadership, execute key strategic initiatives and transactions, and oversee all company accounting and financial activities. He will also support and advise on Terramera’s growth strategy and business models.

“We are excited to welcome Mike to the Terramera family as our new CFO,” said Terramera Founder and CEO, Karn Manhas. “His passion, skills and background add extensive financial, operational, legal and strategic experience to our team. Combined with his entrepreneurial spirit and passion for our mission and cleantech, Mike is a huge asset to Terramera as we enter our next phase of growth and further our mission to create a world with affordable, clean food for everyone.”

Mike began his career as a corporate and securities lawyer at McCarthy Tetrault before moving into investment banking at Raymond James Canada. He later became President and CEO of Nexterra Systems Corp., a private equity-funded cleantech company where he headed numerous multi-million-dollar energy-from-waste projects across North America and the UK. He has a Bachelor of Laws from the University of Toronto and is a Chartered Business Valuator.

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About Terramera®

Terramera is a global leader in Technology for Clean Food with a mission to increase global yields while decreasing synthetic chemical loads, so we can grow affordable, clean food for everyone. We are committed to cultivating safe, healthy homes and environments, and developing highly effective natural products for consumers and farmers. Terramera uses technology to unlock the power in nature, so we can live healthier, make clean food affordable and feed the world.

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Media Contact:

Jessica Wolford

VP, Communications | Terramera

Jessica.Wolford@terramera.com  

604-409-8070

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