Harvest Power Announces a New CEO and 5-Year Growth Benchmarks

Kathleen Ligocki to lead as new CEO; Paul Sellew to shift to Founder, Executive Chair of Board

WALTHAM, Mass. (Jan 9, 2014) — Harvest Power, a pioneer in sustainable management of organic materials in North America, today announced new company leadership and five-year growth benchmarks.

The Harvest Board of Directors announced that a new CEO, Kathleen Ligocki, will lead the company starting on Jan. 13. Paul Sellew, Harvest’s Founder and current CEO, will become Executive Chairman of the Board and focus on growth initiatives, raising capital to support future growth, and serving as a spokesperson for Harvest and the organics management industry.

Since its founding just five years ago, Harvest has made significant progress. Now, the award-winning company employs more than 600 people at nearly 40 sites; has built and operates three state-of-the-art Energy Garden anaerobic digesters; processes over 2 million tons of organic wastes per year; sells 33 million bags of soil and mulches distributed through 1200 locations across North America; and produces and markets millions of cubic yards of compost based soil, mulches and natural fertilizers.

In announcing Ligocki’s appointment, Sellew stated, “Harvest is at an important juncture. The Harvest Board of Directors and I determined that we need to invest in and increase the leadership capacity of the organization so that we can successfully navigate the next phase of our growth plan. Kathleen Ligocki brings the right combination of bold strategic insight, broad operational expertise across a number of industry sectors and financial acumen that will propel Harvest to the next level. I am pleased and excited by the prospect of working with her.”

“I find Harvest fascinating since the company is solving one of society’s great challenges: to enjoy the benefits of economic prosperity while still respecting the environment and leaving a legacy we can be proud of for the next generation,” said Ligocki. “In North America, over the next few years, heightened consciousness about the alternatives to dumping organics wastes in landfills will drive tremendous opportunities for companies able to recycle organic wastes into clean energy for our communities and soil enhancement products for our gardens and agricultural land. Harvest is already a market leader in offering these sustainable solutions and is poised for even more significant growth in the next few years. I am privileged to join the Harvest Power team.”

Ligocki brings extensive leadership experience to Harvest. Since 2012, she has been an Operating Partner at Kleiner Perkins Caufield & Byers, a leading venture capital firm and an early investor in Harvest Power. Before joining KPCB, Kathleen served as a CEO for two early stage companies, Next Autoworks, an American car company with a unique low-cost business model and GS Motors, a Mexico City-based auto retailer owned by Grupo Salinas, a large Mexican conglomerate. She also served as the CEO of Tower Automotive, a Fortune 1000 global auto supplier. Earlier in her career, she was a corporate officer with Ford Motor Company and held executive positions at United Technologies and General Motors working throughout the Americas, Europe, Middle East, Africa, Russia, China, India, Korea, Japan, and Thailand.

Harvest highlights from 2013 include winning a Bloomberg New Energy Pioneer award, presenting at TEDx, and opening new Energy Gardens with anaerobic digestion technologies in British Columbia, Ontario, and Florida.

About Harvest Power

Harvest creates a more sustainable future by helping communities better manage and beneficially re-use their organic waste through the production of renewable energy and soils, mulches and natural fertilizers. Harvest’s vision is to find the highest and best use for the 500 million tons of organic materials produced in North America each year. The company operates organics facilities in the Mid-Atlantic and West Coast of the U.S., and in Ontario and British Columbia, Canada. Harvest has grown rapidly since its founding in 2008 and has garnered awards for its business of energy generation and soil revitalization. The company has been named to the Global Cleantech 100 four years in a row and received Bloomberg’s 2013 New Energy Pioneer Award.