PBI & GBAL Welcomes Pam Marrone!
Primary BioAg Innovations and Global BioAg Linkages Welcome BioAg Industry Veteran Pam Marrone as Partner and Chair of the Board of Directors
New companies aim to drive business success and market adoption in the BioAg industry
August 4, 2020, Utah. Primary BioAg Innovations (PBI) and Global BioAg Linkages (GBAL) today announced that successful serial BioAg entrepreneur Dr. Pam Marrone will become chair of the board of directors and partner in both companies. Dr. Marrone will mentor the innovation stream at PBI as well as be the Managing Director for Merger, Acquisition & Fund Raising vertical of GBAL, to support small and medium size BioAg business.
Dr. Marrone started and led three BioAg companies during the past thirty years. Dr. Marrone recently retired as CEO at Marrone Bio Innovations, which she founded in 2006. From 2015 to 2019, Marrone Bio had a compounded annual growth rate of 32% and grew gross margins from 5% to 54.9%. In 2019, Marrone Bio delivered record revenues of $29.4 million – a 38 percent increase -- and record annual gross margins of 54.9%.