Mission Produce president of Central and South America to retire

OXNARD, Calif. - Mission Produce, Inc. (NASDAQ:AVO), a $877 million market cap supplier of fresh Hass avocados with impressive revenue growth of 29.5% over the last twelve months, announced Thursday that Juan Wiesner, President of Central and South America, will retire effective November 1, 2025, after 14 years with the company.

Simón González, a 13-year company veteran, will be promoted to Senior Vice President, International Farming, as part of the company’s succession plan. González currently leads post-harvest and packing operations and will oversee agricultural production and packing operations for avocados, blueberries, and mangos in Peru and Guatemala.

During his tenure, Wiesner led Mission’s growth across Central and South America, establishing the company’s Peruvian operation and expanding its footprint into Guatemala. Under his leadership, Mission developed operations spanning more than 6,500 plantable hectares of avocados, mangos, and blueberries across both countries. According to InvestingPro data, this expansion has contributed to the company’s robust $1.39 billion in revenue and strong financial health rating.

"When the Company first established operations in Peru, he brought our vision of vertical integration to life with determination and a deep commitment to excellence," said Steve Barnard, Chief Executive Officer of Mission Produce, in a press release statement.

González brings over 20 years of agribusiness experience to his new role. He holds an MBA from Emory University, a degree in Business Administration from Northeastern University, and a LEAD Program Certificate from Stanford University.

Mission Produce delivers fresh Hass avocados to customers in over 25 countries and has expanded its portfolio to include mangos and blueberries. The company operates five packing facilities across the U.S., Mexico, Peru, and Guatemala. InvestingPro analysis suggests the company is currently undervalued, with analysts maintaining a Strong Buy consensus and setting price targets above current trading levels. Get deeper insights into Mission Produce’s valuation and growth potential with InvestingPro’s comprehensive research report, available alongside 7 additional ProTips and extensive financial metrics.

In other recent news, Mission Produce reported fiscal second-quarter earnings that surpassed analyst expectations. The company achieved adjusted earnings per share of $0.12, which exceeded the consensus estimate of $0.08. Revenue for the quarter increased by 28% year-over-year, reaching $380.3 million, well above the analyst projections of $269.5 million. Additionally, Mission Produce announced the appointment of Laura Flanagan to its board of directors. Flanagan joins as an independent Class III director, expanding the board from nine to ten members, with her term set to expire at the company’s 2026 Annual Meeting of Stockholders. These developments reflect the company’s recent strategic and financial progress.

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