Mission Produce, Inc. (NASDAQ: AVO) has announced the appointment of Douglas M. Stone to its board of directors, effective November 26, 2025. Stone, appointed as an independent Class I director, brings decades of leadership experience in the agribusiness industry to the company.
In addition to joining the board of directors, Stone has also been appointed to the compensation committee, effective November 26, 2025. This appointment has resulted in Bruce C. Taylor no longer serving on the compensation committee.
With a background that includes serving as the president of agribusiness at J.R. Simplot Company and holding key leadership roles at other prominent organizations, Stone's expertise in driving operational efficiency and strategic sourcing is expected to be invaluable to Mission Produce as it continues to strengthen its global network and deliver value to customers and shareholders.
Steve Barnard, CEO of Mission Produce, expressed his confidence in Stone, stating that his proven ability to drive operational efficiency and strategic sourcing will be valuable as the company seeks to strengthen its global network and deliver value to its stakeholders.
Stone, in response to his appointment, expressed his honor in joining Mission Produce's board of directors and highlighted the alignment of the company's commitment to quality, innovation, and growth with his professional values. He holds an MBA from the University of South Dakota and a Bachelor of Business Administration in Marketing from the University of Iowa.
Mission Produce, Inc., a global leader in the worldwide fresh produce business, has been sourcing, producing, and distributing fresh hass avocados since 1983. The company has expanded its portfolio to include marketing mangos and growing blueberries, and it is vertically integrated with five state-of-the-art packing facilities across the U.S., Mexico, Peru, and Guatemala. With sourcing capabilities across 20+ premium growing regions, the company provides a year-round supply of premium fresh fruit to over 25 countries. Mission's global distribution network includes strategically positioned forward distribution centers across key markets throughout North America, China, Europe, and the UK, offering value-added services such as ripening, bagging, custom packing, and logistical management. Today the company's shares have moved 1.27% to a price of $11.92. For the full picture, make sure to review Mission Produce's 8-K report.
