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Pyxus Announces Departure of CFO

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Pyxus International (OTC Pink: PYYX) announced the resignation of CFO Flavia Landsberg, effective February 28, 2025. Landsberg, who joined the company in 2021, is leaving to pursue an external opportunity. The Board of Directors has appointed Dustin Styons, current Executive Vice President of Business Strategy and Sales, as interim CFO while conducting a formal search for a permanent successor.

According to CEO Pieter Sikkel, Landsberg's tenure was marked by significant improvements in operating performance and reduction of long-term debt. The company plans to continue building on the financial strategy established during her leadership.

Pyxus International (OTC Pink: PYYX) ha annunciato le dimissioni del CFO Flavia Landsberg, con effetto dal 28 febbraio 2025. Landsberg, che è entrata a far parte dell'azienda nel 2021, lascia per perseguire un'opportunità esterna. Il Consiglio di Amministrazione ha nominato Dustin Styons, attuale Vicepresidente Esecutivo della Strategia Aziendale e delle Vendite, come CFO ad interim mentre si svolgerà una ricerca formale per un successore permanente.

Secondo il CEO Pieter Sikkel, il mandato di Landsberg è stato caratterizzato da significativi miglioramenti nelle performance operative e dalla riduzione del debito a lungo termine. L'azienda prevede di continuare a costruire sulla strategia finanziaria stabilita durante la sua direzione.

Pyxus International (OTC Pink: PYYX) anunció la renuncia de la CFO Flavia Landsberg, efectiva el 28 de febrero de 2025. Landsberg, quien se unió a la empresa en 2021, deja su puesto para seguir una oportunidad externa. La Junta Directiva ha nombrado a Dustin Styons, actual Vicepresidente Ejecutivo de Estrategia Comercial y Ventas, como CFO interino mientras se lleva a cabo una búsqueda formal de un sucesor permanente.

Según el CEO Pieter Sikkel, el mandato de Landsberg se caracterizó por mejoras significativas en el rendimiento operativo y la reducción de la deuda a largo plazo. La empresa planea seguir construyendo sobre la estrategia financiera establecida durante su liderazgo.

Pyxus International (OTC Pink: PYYX)는 CFO Flavia Landsberg의 사임을 발표했습니다. 사임은 2025년 2월 28일자로 효력이 발생합니다. 2021년에 회사에 합류한 Landsberg는 외부 기회를 추구하기 위해 떠납니다. 이사회는 현재 사업 전략 및 영업 부사장인 Dustin Styons를 임시 CFO로 임명하였으며, 정식 후임자를 찾기 위한 절차를 진행할 예정입니다.

CEO Pieter Sikkel에 따르면, Landsberg의 재임 기간 동안 운영 성과의 상당한 개선과 장기 부채의 감소가 있었습니다. 회사는 그녀의 리더십 하에 수립된 재무 전략을 기반으로 계속해서 발전해 나갈 계획입니다.

Pyxus International (OTC Pink: PYYX) a annoncé la démission de la CFO Flavia Landsberg, effective le 28 février 2025. Landsberg, qui a rejoint l'entreprise en 2021, part pour poursuivre une opportunité extérieure. Le Conseil d'Administration a nommé Dustin Styons, actuel Vice-Président Exécutif de la Stratégie Commerciale et des Ventes, comme CFO par intérim en attendant la recherche formelle d'un successeur permanent.

Selon le PDG Pieter Sikkel, le mandat de Landsberg a été marqué par des améliorations significatives de la performance opérationnelle et une réduction de la dette à long terme. L'entreprise prévoit de continuer à s'appuyer sur la stratégie financière établie sous sa direction.

Pyxus International (OTC Pink: PYYX) hat den Rücktritt von CFO Flavia Landsberg bekannt gegeben, der am 28. Februar 2025 wirksam wird. Landsberg, die 2021 in das Unternehmen eintrat, verlässt, um eine externe Gelegenheit zu verfolgen. Der Vorstand hat Dustin Styons, den derzeitigen Executive Vice President für Geschäftsstrategie und Vertrieb, zum interimistischen CFO ernannt, während eine formelle Suche nach einem dauerhaften Nachfolger durchgeführt wird.

Laut CEO Pieter Sikkel war die Amtszeit von Landsberg durch erhebliche Verbesserungen der Betriebsleistung und die Reduzierung der langfristigen Schulden geprägt. Das Unternehmen plant, die während ihrer Führung etablierte Finanzstrategie weiter auszubauen.

Positive
  • Significant improvements in operating performance during Landsberg's tenure
  • Reduction in long-term debt achieved under Landsberg's leadership
  • Immediate interim CFO succession plan in place
Negative
  • Departure of key executive (CFO) who led financial improvements
  • Potential disruption in financial leadership during transition period

MORRISVILLE, N.C., Feb. 14, 2025 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, today announced the resignation of Flavia Landsberg, the Company's executive vice president and chief financial officer, effective February 28, 2025. Landsberg, who joined Pyxus in 2021, has elected to pursue an external career opportunity.

Following Landsberg's notice of resignation, the Company's Board of Directors appointed Dustin Styons, Pyxus' executive vice president, business strategy and sales, as interim CFO and will commence a formal search for Landsberg's successor.

"We thank Flavia for her contributions during her tenure, which are evidenced by the significant improvements in all measures of our operating performance and reduction of long-term debt," said Pyxus President and CEO Pieter Sikkel. "We wish Flavia all the best in her new role as we work to build on the financial strategy she helped put in place."

About Pyxus International, Inc.
Pyxus International, Inc. ("Pyxus" or the "Company") is a global agricultural company with more than 150 years of experience delivering value-added products and services to businesses and customers. Driven by a united purpose—to transform people's lives, so that together we can grow a better world—Pyxus, its subsidiaries and affiliates, are trusted providers of responsibly sourced, independently verified, sustainable and traceable products and ingredients. For more information, visit www.pyxus.com.

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SOURCE Pyxus International, Inc.

FAQ

When is Pyxus CFO Flavia Landsberg leaving PYYX?

Flavia Landsberg will leave Pyxus International (PYYX) effective February 28, 2025.

Who will serve as interim CFO for Pyxus (PYYX)?

Dustin Styons, Pyxus' Executive Vice President of Business Strategy and Sales, will serve as interim CFO.

What were the main achievements during Landsberg's tenure at PYYX?

During Landsberg's tenure, Pyxus saw significant improvements in operating performance and achieved reduction in long-term debt.

When did Flavia Landsberg join Pyxus (PYYX)?

Flavia Landsberg joined Pyxus International in 2021.

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