On the heels of Matt Carstens’ departure from Landus, Conduit Ag has also announced he’s no longer with the fintech company. Landus owns a majority of the stake in Conduit, which since it’s founding was led by CEO Carstens.
Interim CEO for Conduit Ag is Jack Brodshaug, who most recently was executive vice president of sales and marketing for Conduit.
The company’s announcement says of the appointment: “His leadership, combined with his extensive experience in technology development and go-to-market strategy, makes him well-suited to lead Conduit through this transition. Conduit intends to introduce new products shortly including its manufacturers portal and tier 2 credit support.”
Earlier this year, Conduit pivoted its strategy from online input sales and a farmer-facing product to currently focus on providing ag retailers financial technology and business services.
From the company’s leadership announcement: “Conduit remains committed to delivering cutting-edge, tech-driven solutions for ag retailers, product companies and innovators in general. With strong leadership in place, the company is poised to continue advancing its mission and supporting its partners in the agriculture industry.”
In November, Conduit announced a series of hires, including Brodshaug’s. Two of those, Eric Snodgrass and Matt Reardon, have since departed the company.
