S&W Seed Company Appoints Elizabeth (Betsy) Horton, CPA, CFA as Chief Financial Officer

Rhea-AI Summary

S&W Seed Company (Nasdaq: SANW) appointed Elizabeth (Betsy) Horton as Executive Vice President and Chief Financial Officer, effective November 15, 2021. Horton succeeds Matthew Szot, who resigned but will assist during the transition. Previously the CFO at Miller Milling Company, Horton brings extensive finance experience, having worked for over 20 years at Cargill. S&W's CEO, Mark Wong, expressed optimism about Horton's leadership as the company aims for future growth.

Positive

• Betsy Horton brings extensive finance experience from previous roles at Miller Milling and Cargill.
• New leadership is expected to drive operational changes and enhance financial management.

Negative

• The resignation of Matthew Szot raises concerns about continuity in the finance department.

LONGMONT, Colo., Nov. 15, 2021 /PRNewswire/ -- S&W Seed Company (Nasdaq: SANW) today announced the appointment of Elizabeth (Betsy) Horton as its Executive Vice President and Chief Financial Officer, effective November 15, 2021. Ms. Horton succeeds Matthew Szot, who resigned from his position, and will serve as an advisor to the Company during the transition. 

Ms. Horton comes to S&W Seed Company from Miller Milling Company, a full-service flour milling company headquartered in Minneapolis, Minnesota, with five facilities across the country and over $500 million in annual revenue, where she served as CFO since 2018. In this position, she oversaw the company's finance transformation and was also responsible for I/T and HR. Prior to Miller Milling, Ms. Horton spent 20 years at Cargill where she held numerous finance roles of increasing responsibility, including as EMEA Regional Treasurer, EMEA Head - Risk Investors Group, Cargill Trade and Structured Finance and, most recently, Financial Planning & Analysis Director. She currently serves on the Board of Rahr Corporation, a 174-year old global malt and brewing supply company. Ms. Horton received a B.S. in Accounting and an MBA from the University of Minnesota, and is a licensed CPA (inactive) and a CFA® charterholder.

"I am pleased to welcome Betsy to our executive team," said Mark Wong, President and Chief Executive Officer of S&W Seed Company. "Betsy brings deep and extensive experience in leading finance and accounting operations, as well as driving operational changes. We look forward to her contributions as we continue to position S&W for the future. I believe Betsy will provide strong leadership and that she is an excellent addition to the S&W team."

"On behalf of our board of directors and all S&W employees, I thank Matt for his leadership, commitment and excellent contributions throughout his 11 years with S&W," said Wong. "We all wish Matt continued success with his future endeavors."

About S&W Seed Company

Founded in 1980, S&W Seed Company is a global integrated seed technology company focused on middle market crops. Headquartered in the United States and with operations in Australia, S&W's vision is to be the world's preferred proprietary seed Company which supplies a range of forage and specialty crop products that supports the growing global demand for animal proteins and healthier consumer diets. S&W is a global leader in proprietary alfalfa, sorghum and pasture seeds, with significant research and development, production and distribution capabilities. S&W's product portfolio also includes hybrid sunflower and wheat and the company is utilizing its research and breeding expertise to develop and produce stevia, the all-natural, zero calorie sweetener for the food and beverage industry. For more information, please visit www.swseedco.com.

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SOURCE S&W Seed Company

FAQ

Who is the new CFO of S&W Seed Company?

Elizabeth (Betsy) Horton has been appointed as the Executive Vice President and Chief Financial Officer.

When did Betsy Horton start her position at S&W Seed Company?

Betsy Horton began her role on November 15, 2021.

What was Betsy Horton's previous position before joining S&W Seed Company?

Before joining S&W Seed Company, she served as CFO at Miller Milling Company.

Who did Betsy Horton replace as CFO at S&W Seed Company?

Betsy Horton replaced Matthew Szot, who resigned from his position.

What is S&W Seed Company's focus as a business?

S&W Seed Company specializes in seed technology for middle market crops, including proprietary alfalfa and sorghum.