AgFeed Industries announces new COO

AgFeed Industries, the largest commercial pig producer and the largest premix feed company in China, have announced that Mr. Gerry Daignault, a renowned US feed and pig industry executive, has joined AgFeed as its Chief Operating Officer in charge of pig production and strategic development.

Mr. Daignault will be based in China and Nashville, Tennessee. He will join Dr. Songyan Li, AgFeed's Chairman, in strategic discussions and participate in several institutional investor presentations which will begin in September.

Li commented: "AgFeed continues to enjoy robust growth in our current business. We are experiencing declining raw material costs and expanded margins. Gerry is an exceptionally well experienced pig and feed industry executive with extensive background in pig production, feed marketing, accounting and finance. We are honoured that Gerry has joined AgFeed to lead our pig production and strategic development efforts."

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