February 19, 2019

BrightFarms hires Rural Media Group veteran as new CFO

BrightFarms, the leading supplier of local produce to supermarkets, has appointed Steve Campione as its Chief Financial Officer.

“Steve is a world class business leader,” said Paul Lightfoot, BrightFarms’ Chief Executive Officer. “We look forward to benefitting from his expertise in creating the tools, systems and culture to enable the company to smoothly scale nationally.”

Campione has more than 20 years of experience in finance, operations and investment banking. Most recently, he was CFO & COO at Rural Media Group Inc. where he led the company through multiple capital raises and acquisitions that quadrupled its employee base and operating profits. Prior to his tenure at Rural Media Group, Campione spent a decade on Wall Street raising capital for growth companies and advising clients on strategic mergers and acquisitions.

“I’m particularly excited to contribute my capital raising and mergers and acquisitions experience as we look to accelerate the expansion of BrightFarms’ footprint nationally and to further increase our rate of growth and market leadership,” said Campione.

BrightFarms builds and operates greenhouse farms near major metropolitan areas to provide supermarkets with a consistent and year-round supply of locally grown produce. The company currently has farms in Pennsylvania, Virginia, Illinois and Ohio. With a one-week freshness advantage, innovative varieties, a more reliable and safe supply chain, and consistently higher category sales, BrightFarms has achieved success in the market with leading national retailers such as Kroger, Ahold, Albertsons and Walmart.

Campione joins BrightFarms following its successful Series D funding round last year, where the company raised $55 million with Cox Enterprises as the lead investor. This financing has enabled continued rapid national expansion of BrightFarms’ network of local and sustainable farms.

For more information, visit https://www.brightfarms.com.


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