Local Bounti Names Dane Almassy as Chief Commercial Officer

Local Bounti Corporation has appointed Dane Almassy as its Chief Commercial Officer, effective August 25, 2025. Almassy brings over 20 years of experience in driving strategic growth and operational efficiency in the CPG and agriculture sectors. He will lead the commercial team in expanding distribution and deepening relationships with strategic customers to drive long-term growth and create shareholder value.

Local Bounti Corporation (NYSE: LOCL), a leading U.S. indoor agriculture company, has appointed Dane Almassy as its Chief Commercial Officer (CCO), effective August 25, 2025. Almassy brings over 20 years of experience in strategic growth and operational efficiency, particularly in the consumer packaged goods (CPG) and agriculture sectors [1].

Almassy's extensive background includes a decade at PepsiCo, where he held senior roles in national sales and strategy. He then went on to lead customer development and private-label partnerships at WhiteWave Foods and held senior commercial positions at Aurora Organic Dairy and F&S Produce. Most recently, he served as Senior Vice President of Sales & Marketing at AeroFarms, where he led go-to-market strategy, customer experience, and logistics [2].

His appointment comes at a critical moment for Local Bounti, as the company scales its operations to service approximately 13,000 retail doors across the United States. Almassy's experience in driving growth and operational efficiency will be instrumental in expanding distribution and deepening relationships with key strategic customers, thereby driving long-term growth and creating shareholder value [1].

Local Bounti's innovative patented Stack & Flow Technology® significantly improves crop turns, increases output, and improves unit economics. The company operates advanced indoor growing facilities that use 90% less land and 90% less water than conventional farming methods, making it a leader in sustainable agriculture [1].

The appointment of Almassy follows a growing trend in the CPG market, which is projected to grow from USD 3,450.12 billion in 2025 to USD 4,235.01 billion by 2030, at a compound annual growth rate (CAGR) of 4.2%. E-commerce has emerged as a powerful growth engine for the CPG market, revolutionizing how products are sold, marketed, and delivered [3].

Almassy's appointment is part of Local Bounti's strategic plan to leverage technology and digital transformation to meet evolving consumer behaviors and sustainability pressures. His leadership will be crucial in navigating the dynamic CPG landscape and positioning Local Bounti for continued success.

References:
[1] https://www.prnewswire.com/news-releases/local-bounti-appoints-dane-almassy-as-chief-commercial-officer-302528601.html
[2] https://www.stocktitan.net/news/LOCL/local-bounti-appoints-dane-almassy-as-chief-commercial-kaz5yutzoipw.html
[3] https://www.marketsandmarkets.com/blog/FB/cpg-market-size