Santa Fe Farms has a new executive directing its strategy. The Santa Fe, N.M.-based producer, manufacturer and distributor of hemp and hemp-based products for industrial use, has named Kimberly Kovacs its chief strategy officer, charging her with driving acquisitions, global expansion and investment opportunities.
“Santa Fe Farms is positioned at the forefront of one of the most important opportunities for global change in our lifetime,” said Steven Gluckstern, founder, chairman and CEO of Santa Fe Farms. “For hemp to reach its full potential in transforming global agriculture, it is crucial that we expand production to industrial applications such as building materials, textiles, and advanced carbons. Under Kim’s strategic direction, our company can make a powerful impact by leveraging hemp as a tool for positive change around the world.”
Kovacs joins Santa Fe Farms from the Arcview Group, where she was CEO and chair. In her new capacity at Santa Fe Farms, she will remain on the board of the Arcview Group, which the company said would ensure a strong ongoing partnership between it and Arcview family of companies, which includes Arcview Capital, Arcview Ventures and Arcview Consulting.
Kovacs brings to the role more than 25 year in executive leadership and finance, with particular expertise in emerging companies in clean technology, life sciences, software and the cannabis sector. Over the course of her career, Kovacs has founded startups and raised more than $120 million in capital while delivering returns to investors.
Prior to joining Arcview in January 2020, Kovacs founded MyJane, a cannabis wellness technology platform that was acquired in 2019 by Manifest 7. Besides MyJane, she had founded or co-founded six companies. Kovacs also is managing director of Arroyo Ventures, an advisory and investment firm for high-net-worth women investors and entrepreneurs. She has worked with the California Air Resources Board, the Texas Commission on Environmental Quality and with the EPA to develop clean fuel standards and initiatives.
“Joining the leadership team at Santa Fe Farms is an exciting next step for me in my passion to create sustainable solutions to address global carbon reduction. My objective is to enhance Santa Fe Farms’ existing relationship with Arcview to expand our footprint in industrial hemp and advance Environmental, Social and Governance (ESG) initiatives with Global 1000 corporations and large-scale infrastructure projects,” Kovacs stated. “I look forward to continuing my advocacy for carbon neutrality, ESG investing, and environmentally sustainable business practices with the team here at Santa Fe Farms.”