Kynetec Appoints Peter Berweger Chief Executive Officer

Kynetec, a Paine Schwartz Partners portfolio company and leading global provider of data and analytics to the agriculture and animal health & nutrition industries, today announced that Peter Berweger has been appointed Chief Executive Officer, effective today.

Mr. Berweger succeeds Daniel Wirth, who agreed with the Board of Directors to step down as CEO. Mr. Wirth will serve as Special Advisor to Kynetec, supporting the CEO transition and onboarding process.

Mr. Berweger brings more than 25 years of experience in the agriculture and animal health industries, driving value through strategic and operational initiatives at both mature and growth-oriented firms. Most recently, he was a Managing Director at Partners Group, a global private markets investment firm. Mr. Berweger also brings expertise in the animal health space where he served on the board of Wedgewood Pharmacy, the leading and largest compounding pharmacy in the United States devoted exclusively to animal health.

In addition to his relevant industry expertise, Mr. Berweger brings in-depth knowledge and first-hand experience working alongside the Paine Schwartz team having previously served as CEO for current Paine Schwartz portfolio company, AgBiTech, and as CEO of former portfolio company Europdrip S.A. He also assisted in shaping Paine Schwartz’s Portfolio Excellence Platform, an internal firm team that adds value to existing portfolio companies through talent and operational optimization.

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Kynetec today is at a natural time to transition to new leadership, and as we prepare for the business’ next phase of growth, we are thrilled to welcome Peter as Kynetec’s next CEO. Peter is a seasoned leader in the agribusiness space, with strong commercial and operational expertise, as well as deep knowledge of the animal health and nutrition industry. We are confident that he is the ideal choice to continue driving Kynetec forward. We are grateful to Daniel for his contributions to Kynetec’s success for the last 17 years. During his tenure as CEO, he led the Company through a period of business transformation and growth, including the recent completion of strategically accretive add-on acquisitions and the introduction of new innovative products to the market. We thank him for his leadership and dedication that helped build Kynetec into the global leader that it is today.

Peter Hawthorne, Chairman of the Board of Directors

I am honored to serve as the next leader of Kynetec, an organization that I have long admired. The business has a strong foundation in place from which to build, with unparalleled data, predictive analysis and insights and a leading reputation in its field. I believe Kynetec has an important role to play guiding the future of farming and animal care, and I look forward to working alongside the talented Kynetec team to continue empowering our vast client base with the tools and insights they need to win.

Peter Berweger, Chief Executive Officer, Kynetec

About Peter Berweger

Mr. Berweger most recently served as a Managing Director in Private Equity at Partners Group, a global private markets investment firm, where he focused on portfolio value creation and investment sourcing in animal health and agribusiness and where he also served on the Board of Wedgewood Pharmacy, a portfolio company. Prior to joining Partners Group in 2021, Mr. Berweger served as a Managing Director at Paine Schwartz Partners from 2017 to 2021 where he led the firm’s Portfolio Excellence Platform. From 2018 to 2020, he served as CEO of AgBiTech, a Paine Schwartz portfolio company and leader and innovator in biological pest control. From 2015 until March 2017, he served as the Group CEO of Eurodrip, S.A., a former Paine Schwartz portfolio company. Prior to joining Eurodrip, Mr. Berweger held various senior positions at Syngenta, including serving as Global Head of Soybean and Global Head of M&A. He began his career at KPMG, and over his 14-year tenure, spent time in various roles, including Partner and European Head of Pharmaceuticals and Chemicals. He is an economist and accountant by background and holds an MBA from both Columbia University and London Business School.

About Paine Schwartz Partners

Paine Schwartz Partners is the largest private equity firm dedicated to sustainable food chain investing, with ~$6 billion of AUM and over 20 years of experience. The firm invests across specific segments of the food and agribusiness value chain, with a focus on two core investment themes: productivity and sustainability and health and wellness. Through its proactive, thesis-driven approach, the firm targets value-added and differentiated companies and makes primarily control buyout investments, with a smaller allocation to growth companies. For further information, please see www.paineschwartz.com.

Kynetec Appoints Peter Berweger Chief Executive Officer

Kynetec, a Paine Schwartz Partners portfolio company and leading global provider of data and analytics to the agriculture and animal health & nutrition industries, today announced that Peter Berweger has been appointed Chief Executive Officer, effective today.

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About Peter Berweger

About Paine Schwartz Partners

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