SOURCE: WISErg

WISErg

August 04, 2014 09:03 ET

WISErg Expands Executive Team With CFO to Support Rapid Growth

New CFO Builds Infrastructure and Momentum for Regional and National Expansion

REDMOND, WA--(Marketwired - Aug 4, 2014) - WISErg Corporation, a bio-clean technology company that converts food scraps into organic fertilizer for sale to farmers and consumers, named Jonathan Alford as chief finance officer (CFO). The appointment is the latest milestone for the growing company, which recently secured an additional $5 million in private funding after announcing several new customers and partnerships.

"WISErg is having a tremendous year highlighted with new customers, new partners and additional funding," said Larry LeSueur, WISErg CEO. "Jonathan is critical to leveraging this momentum and turning it into ongoing and sustainable business growth. He gives us the financial, business strategy and economic expertise to build critical infrastructure and partnerships that will allow us to scale nationally."

Alford brings deep experience helping companies identify business opportunities that blend the convergence of emerging market, technology and customer trends with core finance and capital investment principles. Most recently, he served as a strategic consultant focused on developing competitive strategies and financial structures for thriving technology companies. At the 2002 Salt Lake Winter Olympics, Alford was awarded an Olympic Order of Excellence for leading executive program management and operations initiatives for the Olympic Games often regarded as the best managed in history. He earned his Master of Business Administration as a Park Fellow from Cornell's Johnson Graduate School of Management and his Bachelor of Arts from the University of Virginia.

"WISErg is fascinating in that we are driving the convergence of a new food waste capture platform, rich organic fertilizer production and cloud-based 'Internet of things' technology that solves key perishable inventory and regulatory challenges for food retail customers, while also taking on critical societal issues as our population growth and emerging economies require more efficient crop yields for consumption and animal feedstock production. WISErg addresses the full-cycle waste to production ecosystem, which is both challenging and rewarding," said Alford.

The Alford CFO appointment is the latest milestone for WISErg in 2014. The company recently raised $5 million in additional funding. In addition, launch-customer PCC Natural Markets deployed their third Harvester unit and Whole Foods Market became WISErg's first customer with stores throughout the U.S. and Canada. WISErg also received listing from the Organic Materials Review Institute definitively stating that its approach to food scrap conversion honors the standards set by the USDA's National Organic Program and reaffirming previously obtained listings by the Washington State Department of Agriculture Organic Program and the California Department of Food and Agriculture.

About WISErg
Headquartered in Redmond, Washington, WISErg is a privately held bio-clean technology company that converts food scraps from sources like grocery stores and restaurants into valuable, organic fertilizer. The company utilizes a patent-pending, oxidative conversion technology to intercept nutrients from food scraps before they become waste. Visit www.wiserg.com.

Contact Information

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