Marcelo Dumanjó To Step Down As Atanor Chief Executive Officer, To Be Succeeded By Cesar Rojas

November 4, 2016 – Buenos Aires, Argentina – Albaugh, LLC and Atanor S.C.A. announced today the departure of Marcelo Dumanjó as Chief Executive Officer of Atanor. Mr. Dumanjó served as CEO of Atanor since January of 2012, following a period of service as an independent Director.

“Marcelo presided over and led a dramatic and effective transformation of Atanor’s operations, financial management and governance during the past 5 years,” said Dennis Albaugh, Albaugh’s founder and Chairman. “Marcelo’s dedication and commitment has served us very well, and it has been my honor and genuine pleasure to work with him.”

Mr. Dumanjo said “I’m very proud of my accomplishments at Atanor, and am pleased to be handing over to my successor a professional management team and a strong platform for further growth with an emphasis on modern, transparent governance. Now the time is right for me to leave Atanor in the capable hands of new and experienced leadership and to seek new challenges.”

“We are grateful to Marcelo for presiding over a strong advancement of the company’s capabilities as well as its culture of integrity and transparency,” said Kurt Pedersen Kaalund, CEO of Albaugh. “We wish Marcelo the very best in all of his future endeavors. At the same time, we are pleased to welcome Cesar Rojas to the company. Cesar has served as a top executive in many crop protection businesses including Rhone Poulenc, Bayer, Cheminova and FMC, and we are fortunate to have such a talented and experienced crop protection executive agree to take over the leadership of Atanor’s future growth and development.”

ABOUT ALBAUGH: Albaugh is headquartered in Ankeny, Iowa and is an established supplier of post-patent crop protection products to customers around the world, with manufacturing facilities in United States, Brazil, Argentina, Mexico and Europe.

ABOUT ATANOR: Atanor is an advanced Argentinean industrial complex that produces and markets products for crop protection, chemicals, polymers, sugar and alcohol. It is part of the Albaugh, LLC group of companies. Atanor has a clear commitment to its people, the environment and sustainable development.