Rhone Names Matthew Wallace Chief Operating Officer:

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Wallace, North Carolina

#wallace-north-carolina

place in North Carolina, United States of America

Chief executive officer

#chief-executive-officer

highest-ranking officer of an organization

Business development

#business-development

tasks and processes to develop and implement growth opportunities within and between organizations

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Key FactsHistoric Farm Transitions to Leading Organic Recycler

May 27, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: charlotteobserver.com

Wallace Farm, operated by one family since 1863, was sold to Denali, an Arkansas-based organic recycling firm.

Denali now manages 26 composting facilities nationwide, expanding its presence in the southeastern United States.

The new owner intends to retain all employees and maintain the farm’s established high standards.

Wallace Farm will be rebranded under Denali to support broader regional growth and sustainability efforts.

I’m proud of my family’s legacy in the communities we serve and joining Denali, which shares our family values, goals, and high standards of quality and customer service.
— Eric Wallace, president of Wallace Farm, in a news release about the sale.

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