American Vanguard Names Christopher Hildreth Senior Vice President, Director of Sales.Business Editors NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Feb. 4, 2003 American Vanguard Corp. (AMEX AMEX See: American Stock Exchange :AVD AvD Automobilclub von Deutschland (German automobile club) AVD Academy of Veterinary Dentistry AVD Audio Video Design (Melbourne, FL) AVD Audio Video Data AVD Association des Volontaires pour le Développement ) today announced that Christopher Hildreth, 50, has been appointed Senior Vice President, Director of Sales. Mr. Hildreth brings to American Vanguard an impressive 27-year background with significant sales and management experience in the agricultural industry. From 1980 - 1988, Mr. Hildreth held sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a positions at Pfizer Crop Protection, where he was responsible for wholesale sales in various geographic areas and regularly achieved or surpassed sales and profit goals. Accomplishments during this time period included doubling sales and margin within three years in a district he managed, and creating and starting-up a division that continues to be a strong performer. Beginning in 1988, when United Agri Products ("UAP UAP Unstable Angina Pectoris UAP United Agri Products UAP User Account Protection (Microsoft Vista) UAP University Affiliated Program UAP Unlicensed Assistive Personnel UAP Universidad Adventista Del Plata ") acquired Pfizer Crop Protection, Mr. Hildreth served in similar roles at UAP, but covering larger territories and managing more people, and from 1993 - 2001, served as General Manager UAP Canada. Accomplishments included consolidating two businesses and turning them around from unsatisfactory performance to become highly profitable, and combining two other businesses and subsequently doubling the merged entity's sales and profitability. From 2001 - 2002, during a period of reorganization, Mr. Hildreth held various executive positions at UAP, including Executive Vice President - International, President & General Manager - Distribution, and President - Products Company. Mr. Hildreth holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies Degree in Agricultural Economics Agricultural economics originally applied the principles of economics to the production of crops and livestock - a discipline known as agronomics. Agronomics was a branch of economics that specifically dealt with land usage. and Business Administration from the University of Guelph The University of Guelph is a medium-sized university located in Guelph, Ontario, established in 1964. While the U of G offers degrees in many different disciplines, the university is best known for its focus on life sciences, based in part on a long-standing history of in Ontario, Canada. Eric Wintemute, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of American Vanguard, commented, "We are extremely pleased to welcome Chris to American Vanguard. His extensive sales and management background make him an excellent choice as Director of Sales. Additionally, since Chris has experience with our customer base, his insight and contacts should prove to be highly valuable. We are confident that Chris will play a key role in the Company's long-term growth and look forward to working with him in the years to come." About American Vanguard American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets crop protection and management, turf management and public health insecticides. The Company's basic strategy is to acquire brand name, niche product lines from multi-billion dollar companies that divest mature products to focus on newly discovered molecules. To learn more about American Vanguard, please reference the Company's web site at www.american-vanguard.com The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company's management and are subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed from time-to-time in the Company's SEC reports and filings. All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update forward-looking statements. |
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