DUBAI, United Arab Emirates–(BUSINESS WIRE)–Amira Nature Foods Ltd (the “Company”) (NYSE:ANFI), a global provider of
packaged specialty rice, today announced the hiring of Brian M. Speck as
Chief Financial Officer. The Company continues to focus on the
international growth of its brands and as such, continues to take steps
to Westernize its corporate finance and executive team.
Karan A. Chanana, Amira’s Chairman, commented, “Brian Speck is an
excellent addition to our team, bringing his extensive financial and
consumer industry background to the Company. We believe his many years
of U.S. public company accounting experience will assist Amira in
Westernizing our finance department as we focus on the international
growth of our brands.”
“I am excited to join the Company at a pivotal time in its history and
helping it realize its international growth strategy,” Mr. Speck said.
“After spending nearly two decades in various accounting roles, I look
forward to bringing my experience to assist Amira’s efforts to grow its
brands outside of India.”
Since March 2018, Mr. Speck has been the Chief Financial Officer of
Surge Holdings, Inc., a provider of a suite of financial and
telecommunications services which are primarily marketed through small
retail establishments which are utilized by members of its target
market. Since October 2013, Mr. Speck has also been Director of
Financial Reporting for Brio Financial Group, which the Company recently
announced would be assisting the Company in its ongoing financial
reporting. In his capacity at Brio, Mr. Speck consults various private
and public companies in financial reporting, internal control
development and evaluation, budgeting and forecasting. Prior to joining
Brio, from 2011 to 2013, he was an audit supervisor at Wiss & Company.
In that capacity, he was involved in the firm’s accounting and tax
practice with industry focuses in manufacturing, wholesalers,
construction contractors and professional service firms. Mr. Speck
received a Master of Science in Accounting from Kean University.
About Amira Nature Foods
Founded in 1915, Amira has evolved into a global provider of packaged
specialty rice, with sales in over 40 countries today. Amira sells
Basmati rice, premium long-grain rice grown only in certain regions of
the Indian sub-continent, under their flagship Amira brand as well as
under other third party brands. Amira sells its products primarily in
emerging markets through a broad distribution network. Amira’s
headquarters are in Dubai, United Arab Emirates, and it also has offices
in India, Germany, the United Kingdom, and the United States.
Cautionary Note on Forward-Looking Statements
This release contains forward-looking statements within the meaning of
the U.S. federal securities laws. These forward-looking statements
generally can be identified by phrases that we or our members of
management use such as “believe,” “expect,” “anticipate,” “foresee,”
“forecast,” “estimate” or other words or phrases of similar import.
Specifically, these statements include, among other things, statements
that describe our expectations for the global rice market, the financial
impact of new sales contracts on our revenue, our expectations regarding
the successful efforts of our distribution partners, and other
statements of management’s beliefs, intentions or goals. It is uncertain
whether any of the events anticipated by the forward-looking statements
will transpire or occur, or if any of them do, what impact they will
have on our results of operations, financial condition, or the price of
our ordinary shares. These forward-looking statements involve certain
risks and uncertainties that could cause actual results to differ
materially from those indicated in such forward-looking statements,
including but not limited to our ability to perform our agreements with
customers; our ability to recognize revenue from our contracts as
planned; continued competitive pressures in the marketplace; our
reliance on a few customers and distribution partners for a substantial
part of our revenue; our ability to implement our plans, forecasts and
other expectations with respect to our business and realize additional
opportunities for growth; and the other risks and important
considerations contained and identified in our filings with the
Securities and Exchange Commission. All forward-looking statements
attributable to us or to persons acting on our behalf are expressly
qualified in their entirety by these risk factors. Other than as
required under the securities laws, we undertake no obligation to update
any forward-looking or other statements herein, whether as a result of
new information, future events or otherwise.
Contacts
Wendy Eguez
The Amira Group
+447340071854
[email protected]
