Amira Nature Foods Ltd (the "Company", "Amira", "us", "we", or "our") (NYSE:ANFI), a leading global provider of branded, packaged Indian specialty rice, today announced the appointment of Robert Louis Wagman as an independent director subject to approval at the Company's Annual Meeting of Shareholders to be held on October 23, 2017.
"On behalf of the Company, I want to welcome Mr. Wagman to the Amira team," said Karan A. Chanana, Amira's President and Chief Executive Officer.
"I am honored to join the Board of Directors at Amira. The Company is a proven leader in their industry and I look forward to working with Karan and his management team," said Robert Wagman.
Mr. Wagman was the President and Chief Executive Officer of LKQ Corporation ("LKQ"), a Fortune 500 corporation listed on the NASDAQ stock exchange, from January of 2011 through June of 2017. As its Chief Executive Officer, Mr. Wagman was responsible for the oversight of LKQ's operations.
About Amira Nature Foods Ltd
Founded in 1915, Amira has evolved into a leading global manufacturer, marketer and distributor of branded packaged specialty rice and other related food products, with sales across five continents around the world. The Company generates the majority of its revenue through the sale of Basmati rice, a premium long-grain variety of rice grown only in the geographically indicated region of the Indian sub-continent, as well as other specialty rice. It sells its products under its flagship Amira brand, as well as other Company owned brands and third-party brands. The Company expanded its product offerings in recent years to include other value-add categories such as edible oils and organics. The Company also sells other products such as wheat, barley, legumes and other produce to large institutional customers. The Company's fourth generation leadership has built on a rich, century-old legacy and transformed Amira from a local family-run business to a publicly listed, globally focused packaged food company with a global leadership position in the high growth Basmati rice sector. Amira sells its products through a broad distribution network in both the developed and emerging markets. The Company's global headquarters are in Dubai, United Arab Emirates, and it also has offices in India, Malaysia, Singapore, Germany, the United Kingdom, and the United States. Amira Nature Foods Ltd is listed on the New York Stock Exchange (NYSE) under the ticker symbol "ANFI."
For more information, please visit www.amira.net
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