To keep us all up to speed on the latest people moves in agrifood, AgFunder News (AFN) publishes a monthly column of the industry’s biggest leadership changes. This month, longtime Benson Hill CEO steps down, McCormick promotes an insider to CEO, and Clear Frontier expands its team.
Are you in a new role or company? Know someone who has left? Drop me a line to share the details: [email protected].
CEA’s new CFO
Little Leaf Farms’ CEO and founder Paul Sellew called Hogan’s appointment “a significant milestone” for the company and said he would be “instrumental in supporting our growth trajectory and enhancing our position as an industry leader.”
Hogan, who has decades of experience in private equity and financial management, will oversee Little Leaf Farms’ financial operations.
Without giving too much away, Hogan said there were “big things ahead” for the company in a LinkedIn post. Stay tuned.
Incredo (née DouxMatox), which develops sugar reduction technology, has appointed not one but two CEOs. Kelly Thompson and David Tsivion, both existing Incredo employees, will serve as co-CEOs for the company, taking over from Ari Melamud.
Thompson, a food industry vet of more than 30 years, joined Incredo in January 2022 to serve as SVP, Head of North America. As co-CEOs, they will take charge of the “accelerated commercialization of Incredo Sugar,” including expansion across the US, Europe and Israel this year.
Tsivion has been at Incredo since 2017, serving most recently as CTO and deputy CEO. His co-CEO focus will be to oversee the science and R&D activities of the company, including driving ingredient innovation and new technology development.
Incredo’s executive shift comes on the heels of the company’s $30 million Series C raise from earlier this year.
More people moves
🥣 Elo Life Systems—which is developing a natural high-intensity sweetener ‘inspired by monk fruit,’ and Cavendish bananas engineered to resist Fusarium wilt fungal disease—has appointed Alan Berry as chief scientific officer and Matt Roszell as SVP communications and corporate affairs.
🥣 Specialty ingredients company Sensient Technologies Corporation appoints Steve Morris, current general manager of sweet & beverage flavors North America, as president, flavors & extracts group. Current president Craig Mitchell will retire in Jan. 2024.
🌾 Nature’s Path cofounder Ratana Stephens has retired as CEO. Arjan Stephens, Nature’s Path Organic Foods’ current general manager and president of Que Pasa, has taken on the role of president of Nature’s Path Organic Foods.
- Australian startup Bardee, which turns food waste into insect feed, let go of 30 people, more than half its workforce.
- Delivery service Milkbasket is seeing “redundancies and layoffs” now that Reliance, which acquired the startup in 2021, has kicked integration into full swing.
- Another India-based delivery startup, Dunzo has also cut staff and is postponing employee salaries for one month.
- Indoor farming startup Square Roots has laid off an undisclosed number of people after shuttering most of its container farm locations.
- Agribusiness platform WayCool has let go of roughly 300 employees as part of a restructuring meant to chase profitability.
- Ingredients company Perfect Day laid off 15% of its workforce as part of a reshuffling that includes selling off its consumer products arm, The Urgent Company.