Dean Banks on Feb. 1, 2024, will join venture capital company Flagship Pioneering as CEO-Partner and CEO of Indigo Ag, a Boston-based technology provider. Banks has served on Indigo’s Board of Directors since July 2022, and was the former President and CEO of Tyson Foods. He is also a former leader at X, an Alphabet company formerly known as Google X.
Banks will take over for Ron Hovsepian, who has served as Indigo’s CEO since September 2020 after succeeding company founder David Perry. Indigo’s products and services include biological seed treatments, second-generation digital merchandising solutions, and the first crop of registry-issued ag carbon credits at scale.
Hovsepian will continue to serve on Indigo’s board and as an advisor to the CEO. Indigo announced that it has also added Nader Bekhouche of Investment Corporation of Dubai and Noubar Afeyan of Flagship Pioneering to its board.