Pinnacle Agriculture Announces New Leadership Appointment

Mark Pedro joins Pinnacle Agriculture as Executive Vice President and
Chief Financial Officer

LOVELAND, Colo.–(BUSINESS WIRE)–Pinnacle Operating Corporation (“Pinnacle”) is pleased to announce Mark
Pedro has been named as its Executive Vice President and Chief Financial
Officer effective January 1, 2018. In this role, Mr. Pedro will be
responsible for leading Pinnacle’s financial operations, as well as
providing overall strategic direction along with CEO, Rob Marchbank.

“Mark is an experienced and strategic financial leader with a robust
background in distribution,” Rob Marchbank, President and CEO of
Pinnacle Agriculture said. “The agriculture industry is in the midst of
an evolution and Mark has a strong track record of transforming and
developing industry-leading companies. I am very excited to add Mark to
the Pinnacle leadership team. His combination of strategic and
operational experience will ensure Pinnacle’s ability to drive improved
profitable growth.”

Mr. Pedro brings more than 20 years of finance experience with an
extensive background in financial planning and operations, management
and strategy, and a deep knowledge of the distribution industry to
Pinnacle. Prior to joining Pinnacle, Mr. Pedro served as CFO for
Sonepar, North America, a French family-owned multi-billion-dollar
distributor of electrical products. Prior to Sonepar, North America, Mr.
Pedro held financial leadership positions across multiple industries
most notably Nestle USA, Kraft Foods, Inc. and Univar, one of the
world's largest distributors of industrial and specialty chemicals. Mr.
Pedro received his bachelor's degree in business economics and MBA from
the University of California, Los Angeles.

“This is an exciting time to join Pinnacle, a company with dedicated,
passionate people and huge potential for growth,” Mr. Pedro said.
“Having been in leadership roles in similar businesses, I recognize the
strong organization and processes developed and led by former CFO Dave
Bullock, and want to thank him for his great work. My confidence is
high, through strong partnership across the Pinnacle organization, we
will develop and execute plans to drive consistent growth. I look
forward to joining the Pinnacle Agriculture team and partnering to
create high-value.”

About Pinnacle Agriculture

Pinnacle Operating Corporation is a first-in-class agricultural retail
and wholesale distribution business created through acquisitions and
greenfield establishments. The company operates through its Sanders®,
AgVenture® Pinnacle, and Meridian Agriculture Distribution™ serving
growers across 27 states. Pinnacle is multifaceted in its operations,
which include seed production and sales, agricultural chemical
distribution, bulk handling of fertilizer, precision agriculture
services and general merchandise for farming.

Contacts

Pinnacle Agriculture
Raquel Fuentes, 720-602-6155
[email protected]