Advisory Board

Our Advisory Board is composed of seven members, who regularly meet once every three months and extraordinarily when required.

The purpose of the Board is to provide guidance to our shareholders on all matters concerning our business.
The members have significant expertise in politics, economics, business, accounting and research and development.

The Advisory Board is named as follows:

Name Position
Henrique Herbert Ubrig Chairman and Member of the Board of Directors
Bruce Rastetter Member of the Board
Justin Lynn Kirchhoff Member of the Board
Emil Henry Jr Member of the Board
William Laverack Jr Member of the Board
Craig Tashjian Member of the Board
Paulo Franz Member of the Board


The following is a summary of the corporate background of the members of our Advisory Board.

Henrique Herbert Ubrig. Henrique is an international executive with expertise in several areas, including large-scale agribusiness and renewable energy production. He holds a bachelor’s degree from FGV and an MBA from the University of Ohio. He worked for 27 years at DuPont and held several positions, having worked in the company’s North American division for five years and as general manager of the company’s Argentinean division for two years. In 1996, he was nominated Head of the South American division, and held this position for seven years. In 2004, he transferred to South Asian divisions and became CEO, holding the position for two years. He is currently the CEO of Terasol Energy and has served as a board member of several commercial and non-profit organizations, such as Chairman of the Board of the Brazilian Corn Ethanol Union (UNEM), Coruripe, LWART and Artecola. He is currently the chairman of our Advisory Board.

Bruce Rastetter. Bruce is the founder and CEO of Summit Agricultural Group, a leading agribusiness and renewable energy company with operations in North and South America. Bruce’s practical expertise in the global agriculture and renewable energy sectors, combined with his focus on strategic business development, has been instrumental in building successful companies and advising government leaders on policy issues. Bruce was raised on a 300-acre family farm near Alden, Iowa, and started his career in his own feed management business. He managed other startups that merged with Heartland Pork, an American midwestern pork production company acquired by Christensen Farms that has since become one of the largest pork producers in the US. He also founded Hawkeye Renewables, which has become one of the largest producers of pure corn ethanol in the country, in addition to FS.
Today, Summit Agricultural Group is a renewable energy and agriculture company with interests in South and North America farms. The company supports capital investments with strategic private equity partnerships and manages agricultural assets, which include extensive beef, pork and grain production facilities. Bruce is an active philanthropist and has acted as an advisor and member of several boards including the American Agriculture and Energy Council, AltEnergy, Cultivation Corridor, Iowa Premium Beef, FS, Iowa Renewable Fuels Association, Iowa State University College of Agriculture, and the Rural American Fund. Previously, he served as Dean of the University of Iowa and worked on the university’s educational initiatives, consisting of more than 27,000 employees, 80,000 students and an annual budget of $5.6 billion. Bruce holds a bachelor’s degree in Political Science from the University of Iowa.

Justin Lynn Kirchhoff. Justin is the CEO of Summit Ag Investors. It focuses on general strategic direction, which involves the creation of investments, execution and management of several funds and investments in U.S. and Brazilian portfolios. Summit Ag Investors makes use primarily of acquisition of control strategies and the expansion of equity capital in the agriculture and renewable energy sectors. In addition to serving on FS’s Advisory Board, Justin serves on the board of GMT Corporation, an Iowa-based manufacturing company. Previously, he served on the board of Iowa Premium, LLC, an Iowa based beef processing company. In 2019, he was nominated by Governor Reynolds to the Investment Board of IPERS, the agency responsible for investments and monitoring the retirement assets of the U.S. state of Iowa. Before joining the Summit in 2012, he was an investment analyst at Aviva Investors North America. He was raised in southwestern Iowa and graduated in Finance from Iowa State University, where he is a member of the Executive MBA and Finance Advisory Boards of Ivy College of Business. He is an accredited financial analyst and a member of the CFA Institute and CFA Society Iowa.

Emil Henry Jr Emil is the founder, CEO and executive officer of Tiger Infrastructure Partners. Previously, he served as global head of the private equity infrastructure business at investment bank Lehman Brothers. From 1990 to 2005, he was partner and executive officer of Gleacher Partners, where he also served as chairman of the asset management board and managed the company’s investment activities. In 2005, Emil was nominated by the President – unanimously endorsed by the United States Senate – as Assistant Secretary of the Treasury. In this position, he acted as attaché to the President’s Financial Markets Working Group, supervised the Office of Critical Infrastructure Protection, headed the Treasury’s efforts to establish emergency response protocols in the case of a financial crisis, and was the principal advisor to two Treasury secretaries. Emil is renowned as one of the first senior U.S. government officials to publicly outline – and before the financial crisis – the possible spread of a systemic crisis fuelled by the focused subprime mortgage holdings of Fannie Mae and Freddie Mac. He received the Alexander Hamilton Award, the highest distinction that the U.S. Treasury can offer to a public official. At the beginning of his career, he was a member of Morgan Stanley’s private equity group. Currently, Emil serves on the boards of American Natural, Sunlight Financial, SmartSky Networks, Zenobe Energy, Danskammer, Modern Aviation, Strategic Venue Partners, Granite Comfort, Easterly Government Properties, StoneCastle Financial and Colonnade Acquisition Corp. In addition, he is a member of the Summit Investment Advisory Committee. Emil served as US Treasury representative on the boards of the Securities Investor Protection Corporation (SIPC) and the National Gallery of Art. He is also a member of the Council on Foreign Relations, a regular author and public speaker, and has published in major newspapers including the Wall Street Journal, Financial Times, National Review, Politico and Washington Post. He holds an MBA from Harvard Business School and a bachelor’s degree in Economics (with honors) from Yale University.

William Laverack Jr.William is chairman of the board of directors and chief executive officer of private investment firm Laverack Capital Partners. Previously, he was managing partner of J.H. Whitney & Co., executive officer of Gleacher & Co., head and founding member of the private equity group of Morgan Stanley & Co. and director of Morgan Guaranty Trust Company. William has served on the boards of several private and public companies. Previously, he served on the Board of Trustees of Choate Rosemary Hall, St. Louis. Paul’s School and the New Canaan Country School, where he was chairman of the board. William holds an MBA from Harvard Business School and a bachelor’s degree in Human Sciences (with honors) from Harvard College.

Craig Tashjian. Craig is AMERRA’s managing partner and investment director. His technical leadership is based on the insights he has developed investing in agribusiness and natural resources markets for over 30 years, with expertise in global agriculture and aquaculture markets, natural resources and trade finance. Craig also applies his experience acquired in previous positions where he was in charge of managing the natural resources business line of Société Générale in the Americas and served as global commodities chief at Standard Chartered Bank, managing multinational commodity finance teams. He holds an MBA from Rutgers University and a bachelor’s degree in Finance and Accounting from Lehigh University, with degrees from series 7, 24 and 63. In addition to working on our Advisory Board, he currently works on the boards of ACP Cocoa, LLC (USA), Andromeda S.A. (Greece), Aquaship AS (Norway), Biomega AS (Norway), Ciclon Trading Corp. (USA), Pipeline Foods (USA) and Rio Amambai Agroenergia S.A. (Brazil).

Paulo Franz. Paulo Franz is a local businessman from Mato Grosso. He has a bachelor’s degree in Rural Administration with extension in the American state of Iowa, he was president and shareholder of Cooagril, a local swine company that sold to BRF; he was founder and CEO of Ema Alimentos, also sold to BRF; and he was co-founder of Mano Julio, which has operations in cotton, soybean, corn, forestry, poultry and cattle raising, and currently has over a thousand employees. Mano Julio also sells more than 700 thousand swine annually and is currently responsible for 40% of BRF’s pork production. Paulo was one of the founders of FS (jointly with Summit). Currently, he is owner and CEO of Kodyak Animal Nutrition, which sells products for several states of the Brazilian market. Paulo Franz is a local businessman from Mato Grosso.