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Organto Foods announced the immediate resignation of Director Jeremy Kendall due to personal circumstances. Kendall, who joined the board in February 2021, was recognized by Chair and CEO Steve Bromley for his dedication, passion for organic foods, and industry experience during the company’s recent repositioning. Following Kendall’s departure, the Board now consists of six directors, with five being independent and one being a company officer.
Organto Foods ha annunciato le dimissioni immediate del Direttore Jeremy Kendall a causa di circostanze personali. Kendall, che si è unito al consiglio a febbraio 2021, è stato riconosciuto dal Presidente e CEO Steve Bromley per la sua dedizione, la sua passione per i prodotti biologici e la sua esperienza nel settore durante il recente riposizionamento dell’azienda. Dopo la partenza di Kendall, il Consiglio è ora composto da sei membri, di cui cinque indipendenti e uno è un funzionario della società.
Organto Foods anunció la renuncia inmediata del Director Jeremy Kendall debido a circunstancias personales. Kendall, quien se unió a la junta en febrero de 2021, fue reconocido por el Presidente y CEO Steve Bromley por su dedicación, su pasión por los alimentos orgánicos y su experiencia en la industria durante el reciente reposicionamiento de la empresa. Tras la salida de Kendall, la Junta ahora consta de seis directores, de los cuales cinco son independientes y uno es un funcionario de la empresa.
Organto Foods는 개인적인 사유로 인해 이사 Jeremy Kendall의 즉각적인 사임을 발표했습니다. Kendall은 2021년 2월 이사회에 합류했으며, 회사의 최근 재편성 동안 그의 헌신, 유기농 식품에 대한 열정 및 업계 경험에 대해 의장 겸 CEO인 Steve Bromley에게 인정받았습니다. Kendall의 퇴사 이후 이사회는 현재 여섯 명의 이사로 구성되어 있으며, 그 중 다섯 명은 독립적이고 한 명은 회사 임원입니다.
Organto Foods a annoncé la démission immédiate du Directeur Jeremy Kendall pour des raisons personnelles. Kendall, qui a rejoint le conseil d’administration en février 2021, a été salué par le Président et CEO Steve Bromley pour son engagement, sa passion pour les aliments biologiques et son expérience dans le secteur lors du récent repositionnement de l’entreprise. Suite au départ de Kendall, le Conseil est désormais composé de six administrateurs, dont cinq sont indépendants et un est un cadre de l’entreprise.
Organto Foods gab die sofortige Rücktritt von Direktor Jeremy Kendall aus persönlichen Gründen bekannt. Kendall, der im Februar 2021 in den Vorstand eintrat, wurde vom Vorsitzenden und CEO Steve Bromley für sein Engagement, seine Leidenschaft für Bio-Lebensmittel und seine Branchenerfahrung während der jüngsten Neuorientierung des Unternehmens anerkannt. Nach Kendalls Abgang besteht der Vorstand nun aus sechs Direktoren, von denen fünf unabhängig und einer ein Unternehmensbeamter ist.
Positive
- Board maintains strong independence with 5 out of 6 directors being independent
Negative
- Loss of experienced board member with deep industry expertise
- Unexpected director resignation could signal internal challenges
VANCOUVER, BC and BREDA, NETHERLANDS / ACCESSWIRE / December 6, 2024 / Organto Foods Inc. (TSXV:OGO)(OTC PINK:OGOFF) (“Organto” or the “Company“), a provider of branded, private label and bulk distributed healthy and organic fruit and vegetable products today announced that Mr. Jeremy Kendall has resigned as a Director of the Company due to personal circumstances, effective immediately.
“On behalf of the entire Company, I want to thank Jeremy for his dedication and commitment since his appointment in February 2021. Jeremy’s passion for organic and healthy foods, combined with deep industry experience has been invaluable as we have built our business and navigated our repositioning over the past year. Personally, I want to thank Jeremy for his invaluable advice and support, and more importantly his friendship. It has been an honour to have Jeremy on the Board and while he will be missed, I know we look forward to keeping in touch and soliciting his sage advice when appropriate.” commented Steve Bromley, Chair and CEO.
With the resignation of Mr. Kendall, the Company’s Board of Directors is now comprised of six directors, five of whom are independent and one of whom is not by virtue of being an officer of the Company.
ON BEHALF OF THE COMPANY
Steve Bromley
Chair and CEO
For more information contact:
Investor Relations
John Rathwell, Senior Vice President, Investor Relations & Corporate Development
647 629 0018
info@organto.com
ABOUT ORGANTO
Organto is an integrated provider of branded, private label, and distributed organic and non-GMO fruit and vegetable products using a strategic asset-light business model to serve a growing socially responsible and health-conscious consumer around the globe. Organto’s business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people, and its shareholders.
SOURCE: Organto Foods Inc.
View the original press release on accesswire.com
FAQ
Why did Jeremy Kendall resign from Organto Foods (OGOFF) board?
Jeremy Kendall resigned from Organto Foods’ board due to personal circumstances, effective immediately as announced on December 6, 2024.
How many directors remain on Organto Foods (OGOFF) board after Kendall’s resignation?
After Jeremy Kendall’s resignation, Organto Foods’ board consists of six directors, with five being independent and one being a company officer.
When did Jeremy Kendall join Organto Foods (OGOFF) board?
Jeremy Kendall joined Organto Foods’ board in February 2021 and served until his resignation in December 2024.
