FOR IMMEDIATE RELEASE

RiceTec, Inc.
Julie Bodine
Director, Global Corporate Communications
+1.832.316.8859
jbodine@ricetec.com 

RiceTec Appoints Karsten Neuffer as New CEO

ALVIN, TX (June 2022) – RiceTec Board of Directors announced today that Karsten Neuffer has been appointed the new Global CEO of the company effective August 1, 2022. Neuffer joins RiceTec as an experienced agricultural business leader and will succeed the current Global CEO, Mike Gumina, who held the position for eight years.

“We are very excited to bring Karsten Neuffer as new Global CEO on board. His strong seed background and his leadership skills make him the right successor to Mike Gumina, whom I want to thank for his outstanding contribution and dedicated service for the past eight years,” said Board Chairman, Constantin Liechtenstein.

Neuffer is a seasoned ag executive with broad experience in business development and operational leadership. After he started his career with McKinsey advising chemical and agriculture corporations, Neuffer joined Syngenta in 2006, working in various strategic, commercial, and executive roles. His latest assignment with Syngenta was Regional Director of LATAM having full P&L responsibility for a $4 billion business operation. In 2018, he joined Indigo AG as International COO responsible for developing and executing a strategy to expand Indigo’s presence globally and subsequently took over global commercial leadership as CCO.

“I am thrilled to join RiceTec, and I look forward to continuing to expand RiceTec’s business and bring our leading technology to rice farmers for a more sustainable agricultural market,” said Neuffer.

Gumina will continue to serve until his retirement on July 31, 2022, and Neuffer’s position will be effective on August 1, 2022. RiceTec Field Day will take place on August 11 in Harrisburg, AR where Neuffer is excited to meet growers, partners, and employees. Attendees also visited with vendors like Adama, Aquarius, USA Rice, Ducks Unlimited, John Deere and many others. They went home with gifts including a one[1]pound bag of white SmartRice. For more information on RiceTec, its 2023 product offerings or other Field Day highlights, visit www.ricetec.com.

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About RiceTec
Headquartered in Alvin, Texas, RiceTec has been a pioneer in sustainable rice agriculture since 1988. With an innovative spirit, we introduced the first commercial hybrid rice seed in 1999, leveraging advanced breeding techniques and a diverse germplasm collection. As the first to commercialize hybrid rice seed in both North and South America, our innovations continue to shape the industry, evident in advancements like our FullPage® and Max-Ace® Rice Cropping Solutions. With a decade-long operations in India and reach into Europe and Southeast Asia, RiceTec continues to transform rice production for the benefit of farmers, consumers, and the planet. To learn more about RiceTec’s commitment to a sustainable future, visit www.ricetec.com or connect with us on LinkedIn, YouTube, Facebook, Instagram, X/Twitter.