BrightFarms, a greenhouse vegetable grower that specializes in supplying grocery retailers in major cities, has hired a new chief financial officer to help handle the company’s rapid expansion.
Steve Campione joins Irvington, New York-based BrightFarms following a 20-year career in finance, operations and investment banking. Campione joins BrightFarms following its successful Series D funding round last year, where the company raised $55 million with Cox Enterprises as the lead investor. This financing has enabled continued rapid national expansion of BrightFarms’ network of local and sustainable farms.
“Steve is a world class business leader,” says Paul Lightfoot, BrightFarms’ CEO. “We look forward to benefitting from his expertise in creating the tools, systems and culture to enable the company to smoothly scale nationally.”
BrightFarms builds and operates greenhouse farms near major metropolitan areas to provide supermarkets with a consistent and year-round supply of locally grown produce. The company currently has farms in Pennsylvania, Virginia, Illinois and Ohio. With a one-week freshness advantage, innovative varieties, a more reliable and safe supply chain, and consistently higher category sales, BrightFarms has achieved success in the market with leading national retailers such as Kroger, Ahold, Albertsons and Walmart.