This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

American Vanguard Announces Restructuring Of International Sales & Marketing

Stocks in this article: AVD

American Vanguard Corporation (NYSE:AVD) today announced the restructuring of the International Sales & Marketing function of its principal operating subsidiary, AMVAC Chemical Corporation, effective immediately. Specifically, AMVAC has formed a new Netherlands-based subsidiary, AMVAC Netherlands BV, and appointed Ad de Jong to the newly created position of Managing Director of that subsidiary. In his new role, Mr. de Jong will be responsible for managing sales, marketing, finance, registration and supply chain relating to all ex-US sales of the Company’s products. This restructuring will serve to ensure that ample resources are in place to support the international practice now managed by Alfredo Pelaez, AMVAC’s Director of International Sales, who plans to retire at the end of the first quarter of 2013. Mr. Pelaez has served the Company since 2001, during which time international sales have increased ten-fold. In the near term, international operations should remain substantially unchanged. Mr. Pelaez will report to Mr. de Jong and will assist in the transition of ex-US activities over his remaining tenure at the Company.

Mr. de Jong has spent his entire career in the agricultural sector, starting in the advisory service with the Dutch Ministry of Agriculture and then holding positions of increasing responsibility over a 23 year period at Chemtura Corporation (and its predecessor companies) in sales, marketing and operations management, culminating with the position of Vice President Crop Protection for Europe/Middle East/Africa and Asia Pacific, where he was responsible for an operation having sales in excess of $200 million. Mr. de Jong also served as Chairman of Chemtura’s European Business Council where he helped to develop that company’s European strategy. As a seasoned executive in international business, Mr. de Jong has compiled a consistent record of new product expansion and increased sales on multiple continents.

Eric Wintemute, Chairman and CEO of American Vanguard, commented, “Ad’s extensive background in agricultural chemicals, knowledge of international markets, familiarity with regulatory and logistical matters and fluency in multiple languages will greatly assist American Vanguard in improving its global organization and driving international growth. Also, having a regional office within the European Community will enable us to offer an enhanced level of customer service, gain a clearer understanding of local markets, and establish a higher level of interaction with local regulatory agencies. We welcome Ad to the team and look forward to his leadership and the continued success of our international business.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs