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American Vanguard Names Kaye as New CEO

American Vanguard Corp., a Newport Beach provider of products to protect crops, today named Douglas A. “Dak” Kaye III as the new chief executive officer, effective Dec. 9.

Kaye for the past 13 years has served various senior leadership roles at Albaugh LLC, a top ten global crop protection company, including most recently as president of its North America division.

“I have admired American Vanguard for many years,” Kaye said in a statement. “I view it as having strong relationships with customers by providing solutions that customers know and trust. I’m confident we can accelerate the transformation underway, driving revenue growth and margin improvement.”

Shares of American Vanguard were unchanged after the announcement. In regular trading, they fell 3.4% to $5.94 and a $171 million market cap (NYSE: AVD).

The shares dropped 37% on Aug. 9 after it released second-quarter results that it called unacceptable. The company has been looking for a new CEO since Eric Wintemute stepped down from the role in July.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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