Alliance One Announces New Board Members
MORRISVILLE, N.C., June 13, 2013
MORRISVILLE, N.C., June 13, 2013 /PRNewswire/ --Alliance One International,
Inc. (NYSE:AOI) today announced the appointment of Jeffrey A. Eckmann, Carl
L. Hausmann and John D. Rice to the Board of Directors effective June 14,
2013, along with the pending retirement of board members Joseph L. Lanier,
Jr., B. Clyde Preslar and William S. Sheridan.
Mark W. Kehaya, Chairman of the Board, said, "We are extremely pleased to
welcome Jeff, Carl and John to Alliance One's Board of Directors. The
experience of these proven leaders – Jeff in the tobacco industry, and Carl
and John in the global agribusiness arena - will be a tremendous asset to the
Company and its shareholders. Their valuable perspectives and strategic advice
will be a great contribution as we shape the future of Alliance One."
Eckmann, 60, retired in April 2008 as Group President of Reynolds American,
Inc., having previously served in several senior leadership positions with the
company. Prior to joining Reynolds American, Mr. Eckmann served as Senior Vice
President and Chief Financial Officer of Brown & Williamson Tobacco
Corporation from January 2001 toAugust 2004.
Hausmann, 66, retired in June 2012 as Managing Director – Global Government &
Corporate Affairs of Bunge Limited, a leading global agribusiness and food
company, having previously served in executive roles with Bunge affiliates in
North America and Europe. Prior to joining Bunge, Mr. Hausmann served as
Chief Executive Officer of Cereol S.A., and previously held various leadership
positions with Continental Grain Company in Europe, South America, Africa and
the United States.
Rice, 59, retired in June 2012 as Vice Chairman of Archer-Daniels-Midland
Company. During his distinguished 36-year career with Archer-Daniels-Midland,
Mr. Rice oversaw the operations of more than 240 worldwide processing plants;
a transportation and logistics network spanning six continents; international
global commodity-trading operations; and the company's construction, risk
management, and research and development functions.
In addition, the Company announced the pending retirement of Joseph L. Lanier,
Jr., B. Clyde Preslar and William S. Sheridan from the Board of Directors as
of the 2013 Annual Shareholders Meeting to be held on August 8, 2013. Noting
their combined 47 years of service to Alliance One and predecessor companies,
Kehaya said, "On behalf of the Board, I would like to thank Joe, Clyde and
Bill for their many years of dedicated service to Alliance One and its
shareholders, for their tremendous efforts in connection with the merger that
formed Alliance One in 2005, and for their outstanding contributions to the
successful completion of the Company's restructuring. In particular I would
like to thank Bill for his exemplary service as Lead Independent Director, and
wish each of the retiring directors all the best in the years to come."
Alliance One International is a leading independent leaf tobacco merchant
serving the world's large multinational cigarette manufacturers. For more
information on Alliance One, visit the Company's website at www.aointl.com.
This press release contains "forward-looking statements" as defined in the
Private Securities Litigation Reform Act of 1995. These statements are based
on current expectations of future events. Such statements include, but are
not limited to, statements about future financial and operating results,
plans, objectives, expectations and intentions and other statements that are
not historical facts. Such statements are based on the current beliefs and
expectations of management and are subject to significant risks and
uncertainties. If underlying assumptions prove inaccurate or known or unknown
risks or uncertainties materialize, actual results may differ materially from
those currently anticipated expected or projected. The following factors,
among others, could cause actual results to differ from those expressed or
implied by the forward-looking statements: changes in the timing of
anticipated shipments, changes in anticipated geographic product sourcing,
political instability in sourcing locations, currency and interest rate
fluctuations, shifts in the global supply and demand position for tobacco
products, and the impact of regulation and litigation on customers.
Additional factors that could cause AOI's results to differ materially from
those expressed or implied by forward-looking statements can be found in AOI's
most recent Annual Report on Form 10-K and the other filings with the
Securities and Exchange Commission (the "SEC") which are available at the
SEC's Internet site (http://www.sec.gov).
SOURCE Alliance One International, Inc.
Contact: Alliance One International, Inc., 8001 Aerial Center Parkway, Post
Office Box 2009, Morrisville, NC 27560-2009, USA, Tel: 919 379 4300, Fax: 919
379 4346, www.aointl.com; Joel L. Thomas, (919) 379-4300
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