According to a press release, Revol Greens has added Michael Wainstott as its Chief Financial Officer. The position is new to the company and, per the release, involves overseeing future capital raises, industry partnerships, IT and more.
“Michael shares Revol’s vision to build five facilities in five years. His highly relevant experience in the areas of management, operations, venture equity, funding and risk management are an essential piece to meeting our business goals,” said Mark Schulze, CEO at Revol Greens.
Wainstott has 20-plus years in the AgTech space. He was previously CFO at Benson Hill, Inc. in St. Louis; that company “offers a crop design platform to facilitate development of healthier and more sustainable food and ingredients.”
He also was CFO and co-founder of Technology Crops International (TCI); CFO at Kings, Inc., a wholly owned subsidiary of Associated British Foods, plc (ABFF) as well as PWNC, LLC and New Acme Markets.
“There’s significant opportunity in the indoor growing sector and Revol Greens is well-positioned to continue scaling this concept across the U.S.,” said Wainscott. “Revol represents the future of safe, sustainable and locally sourced greens; I believe in the model and am honored to join this deep bench of expertise and innovation.”