High Hampton Thanks Mr. Argudo and Announces the Appointment of an Interim CEO

Published: October 16, 2018

High Hampton Thanks Mr. Argudo and Announces the Appointment of an Interim CEO

High Hampton Holdings Corp. announced the resignation of its Chief Executive Officer David E. Argudo. Mr. Argudo has expressed his sincere regret in resigning from his position but has chosen to focus on his political career. Prior to his reelection, Mr. Argudo will support the Company in transition, and post his election he has agreed to act as a consultant with the Company.

The Board respects David’s decision and would like to acknowledge his contributions made to the Company in moving the High Hampton’s key CoachellaGro asset toward production and facilitating strategic acquisitions.

Following the resignation, the Company’s Board of Directors has appointed the current Director and Sr. VP of Corporate Finance Christian Scovenna as the interim CEO who will serve in this position as final preparations are made for Mr. Argudo’s successor.

Christian Scovenna has been an integral member of High Hampton’s management team from the beginning and brought the High Hampton story to the capital markets. He has spearheaded all capital market initiatives to date and is largely responsible for the Company’s continued success in raising capital.

The Company also wishes to announce that the current COO, Paul Mann, has been terminated effective immediately and a new COO will be announced in due time.