Fresno, California, USA
May 26, 2015
S&W Seed Company (Nasdaq: SANW) announced today the election of Alexander C. Matina to its Board of Directors. Mr. Matina currently serves as Vice President, Investments at MFP Investors LLC, the family office of Michael F. Price, which focuses on long-term, value investment opportunities.
MFP Investors LLC currently owns approximately 9.6% of the common shares outstanding of S&W Seed Company and is also a holder of the Company's convertible debentures that were issued in December 2014 in connection with S&W's acquisition of DuPont Pioneer's alfalfa seed production and research assets.
Mark Grewal, chief executive officer for S&W Seed Company and a member of the board of directors, commented, "I've had the privilege of working with Alex and it's very exciting that MFP has taken such a solid position in S&W and is focused on our continued success. His knowledge and expertise will serve us well in the coming years."
"As Chairman of the Board of Directors, I am pleased to announce his election and want to welcome Alex to the S&W Board," said Mark Harvey. "I look forward to working with him and believe S&W will benefit from his strong skill set and guidance as we continue to expand the business into the future."
Alexander C. Matina, commented, "I am pleased to be joining the board at S&W Seed Company. We believe the Company is well positioned for the future and we look forward to contributing to its continued success."
Mr. Matina also serves as Chairman of the Board of Trinity Place Holdings, Inc., a public company consisting of the assets of the former Syms and Filene's clothing stores. In addition, Mr. Matina has worked in various investment and financial analyst roles at Altus Capital Partners and Salomon Smith Barney, among others. Mr. Matina has a Bachelor of Science business degree from Fordham University, where he serves as an adjunct professor of Finance, and an MBA from the Columbia Business School.
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