Corporate Governance

Craig Hurlbert serves as Executive Chairman of Local Bounti since March 2025 and has been a member of its Board of Directors since November 2021. As Executive Chairman, Mr. Hurlbert supports the executive leadership team by providing expertise, experience, and leadership to guide the company toward achieving its objectives. Prior to his transition to Executive Chairman, Mr. Hurlbert was Chief Executive Officer since December 2023, the company's Co-Chief Executive Officer from November 2021 to June 2023 and Senior Vice President of Strategy from June 2023 to December 2023. Mr. Hurlbert co-founded Local Bounti in August 2018, bringing his extensive experience in scaling growth companies to the controlled environment agriculture sector. Prior to Local Bounti, he co-founded and served as Managing Partner at BrightMark Partners, LLC from January 2014 to March 2021, where he led the firm's investments in venture and growth-phase companies, providing both capital and strategic resources to accelerate their development. Earlier in his career, Mr. Hurlbert held several executive leadership roles at TAS Energy, a leading provider of high-efficiency and modular cooling and energy systems. As President, Chief Executive Officer, and Chairman of the Board, he led the company's expansion in the data center, commercial, industrial, and power generation markets. His previous experience includes leadership positions at General Electric Company (NYSE: GE) and North American Energy Services. In addition to serving on the boards of Local Bounti and TAS Energy, Mr. Hurlbert previously served as Chairman of the Board at Clearas Water Recovery, a company utilizing patented, sustainable, and proprietary technology to solve high-nutrient wastewater challenges in the municipal and industrial water markets.

Travis Joyner has served as a member of our Board since November 2021. Mr. Joyner served as our Chief Technology Officer from June 2023 to January 2025 and our Co-Chief Executive Officer from November 2021 to June 2023. Mr. Joyner co-founded Local Bounti in August 2018. Mr. Joyner also co-founded BrightMark Partners, LLC, a growth equity and management firm providing capital and resources to venture, growth phase and middle-market businesses, and served as a Managing Partner from January 2014 to March 2021. At BrightMark Partners, LLC, Mr. Joyner was an active director for many portfolio companies, driving with growth plan execution, building core business infrastructure, and leading many successful debt and equity transactions. His areas of expertise include quantitative analysis, corporate strategy, technology development, market analysis, organizational design structure, market strategy, branding, and capital campaigns. Mr. Joyner earned a Ph.D. from the University of Kansas, where his graduate focus was market research and statistics, a Certificate of Finance from the Wharton School at the University of Pennsylvania, a J.D. from the University of Montana, and his B.A. from the University of North Carolina-Chapel Hill, graduating with distinction.

Pamela Brewster has served as a member of the Board since November 2021. Ms. Brewster also served as a member of the Board of our predecessor company from November 2020 to November 2021. Ms. Brewster is the Principal at Orange Strategies LLC, a political and government affairs consulting firm. Ms. Brewster founded Orange Strategies in 2014 following 14 years as Vice President of Government Affairs at the Charles Schwab Corporation (NYSE: SCHW), where she was responsible for managing Schwab’s state and local government relations efforts; overseeing Schwab PAC, the company’s political action committee; and acting as the company’s in-house political advisor. She continues to provide advisory and consulting services to Charles R. Schwab. Previously, Ms. Brewster worked at the public relations firm of Alexander Ogilvy, where she was the head of the firm’s Tech Policy Communications practice. At Alexander, she represented a variety of high-tech clients. Prior to joining Alexander, Ms. Brewster worked in Washington, D.C., representing telecommunications and technology interests on Capitol Hill. Ms. Brewster earned a B.A. in political science from the University of California at Davis and a M.A. in public administration and policy from the American University in Washington, D.C.

Mike Molnar has served as a member of the Board since March 2025. Mr. Molnar brings extensive experience in analytics, entrepreneurship, and strategic decision-making across leading financial and operating roles. Most recently, he held a leadership role on the commercial side of Genentech, a leading biotechnology company. At Genentech, Mr. Molnar led data-driven strategy initiatives across the $100 billion organization and managed the biopharma industry’s top-ranked competitive intelligence team. He was also elected to the Board of Directors of SCIP, the strategic and competitive intelligence trade association. Prior to this, Mr. Molnar founded and led a successful artisan bread company. Mr. Molnar began his career on Wall Street, conducting corporate valuations at Arthur Andersen, executing middle-market leveraged buyouts at Heller Financial, managing technology equity offerings at Robertson Stephens, and working in technology venture capital at Davenport Capital Ventures. Mr. Molnar currently serves as Co-Chairman of the Board of OnCore Golf and serves on the Board of LAB Golf.  He was previously on the Board at Player Biltong. Mr. Molnar earned a B.B.A. in finance, magna cum laude, from the University of Notre Dame and an M.B.A. in finance from the Wharton School at the University of Pennsylvania.

Mark J. Nelson. Mark J. Nelson has served as a member of the Board since March 2021. Mr. Nelson served as Chief Financial Officer and Treasurer at Beyond Meat, Inc. (Nasdaq: BYND), a producer of plant-based meat substitutes, from May 2017 to May 2021, and from December 2015 to March 2017, he served in various capacities at the company, including Chief Operating Officer and Chief Financial Officer, and Chief Financial Officer, Treasurer and Secretary. From March 2017 to May 2017, Mr. Nelson served as Senior Vice President and Chief Financial Officer of Biolase (Nasdaq: BIOL), a medical device company, and from April 2013 to November 2015, he was Chief Financial Officer and Treasurer of Farmer Bros. Co. (Nasdaq: FARM), a manufacturer, wholesaler and distributor of coffee, tea, spices, and culinary products. Mr. Nelson started his career at General Electric Company (NYSE: GE) as a member of GE's Financial Management Program and worked at Thermo Fisher, a biotechnology product development company (NYSE: TMO), and served in various leadership positions at Newport Corporation, a formerly publicly traded global supplier of advanced technology products and systems. Mr. Nelson currently serves as a director of The Real Good Food Company, Inc. (Nasdaq: RGF). Mr. Nelson has a B.B.A. from the University of Massachusetts at Amherst, and an M.B.A. degree from Babson College.

Matthew Nordby has served as a member of the Board since November 2021. Mr. Nordby is the Founder and Managing Partner of Flume Ventures, a venture capital firm focused on investing in enterprise technology companies. Prior to founding Flume in April 2023, Mr. Nordby served as a Partner at Lion Capital, where he remains an advisor, from January 2019 to April 2023.  Previously, Mr. Nordby served as President of Playboy Enterprises (Nasdaq: PLBY), leading their global licensing business to over $1.5 billion in annual revenue. He also served as an executive in the technology industry which included building software start-up Greenplum, acquired by EMC in 2010. He launched his career at Sun Microsystems where he held various leadership positions. Mr. Nordby received his B.A. from Auburn University.

Charles "Sandy" Schwab, Jr. has served as a member of the Board since March 2025. Mr. Schwab served as Founder and Managing Partner of Chess Ventures from 2001 through 2016, where he focused on investments in early-stage financial services technology companies. Mr. Schwab started his career at Banque Paribas in 1990, where he served as Vice President in the High Yield and Risk Arbitrage Group.

Mr. Schwab received a B.A. in economics from Northwestern University and an M.B.A in finance and accounting from The University of Chicago Booth School of Business.