Friday, September 20, 2024

TerraClear, Appoints Devin Lammers as New CEO

TerraClear, a leading AgTech company, announced the appointment of Devin Lammers as its new Chief Executive Officer. Mr. Lammers brings a wealth of experience in AgTech, Go-to-Market strategies, and scaling companies, positioning him to lead TerraClear into its next phase of growth.

Mr. Lammers joins TerraClear from Farmers Business Network, Inc. (FBN), where he spent seven years building and leading various technology-forward business lines. His notable accomplishments include founding and serving as President of both FBN Financial and Gradable. He also served as the CRO/COO and Interim CEO at FBN, overseeing the entire company’s operations and serving its 50,000+ members and 17,000+ farmer customers.

Prior to FBN, Mr. Lammers was a Principal at Parthenon-EY, where he led numerous projects in the technology and industrials practice. He also has experience building early-stage companies and hails from a multi-generational farming and ranching family in South Dakota. Mr. Lammers holds a B.A. from Dartmouth College and an MBA from the MIT Sloan School of Business. He is based in Boulder, CO.

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“I am incredibly excited to join the TerraClear team,” said Mr. Lammers. “The company’s technological capabilities, vertically integrated service model, and relatively uncontested market entry point present a tremendous opportunity. I look forward to working with the team to engage farmers, grow recurring revenue, and explore strategic partnerships as we advance TerraClear’s leadership in the AgTech space.”

Brent Frei, TerraClear’s outgoing CEO, will retain the role of Board Chair and will remain actively involved in the company, supporting Mr. Lammers and ensuring a smooth transition. Mr. Frei also expressed his confidence in Mr. Lammers’ leadership, stating, “Devin’s proven track record in AgTech and his passion for innovation make him the ideal person to lead TerraClear into the future. I am excited to see the company thrive under his guidance.”

The TerraClear board strongly supports the appointment of Mr Lammers, with investor and Board member Matt Mcllwain, a partner at Madrona Ventures, stating, “Devin is a great addition to this compelling team that blends a deep understanding of the agricultural world and technology expertise offering the next generation of innovation to farmers and key partners. We are really looking forward to partnering with Devin, Brent, and the Terraclear team during this exciting phase of growth.”

SOURCE: PRWeb

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