on Organto Foods Inc. (CVE:OGO)
Organto Foods Expands Leadership Team Amid Growth
Organto Foods Inc. has announced appointments to its leadership team to manage business expansion and growth initiatives. The company aims to support its business growth with an enhanced leadership structure. Steve Bromley, CEO, emphasized the significance of these appointments as Organto reports weekly sales of CDN $2 million, reflecting an annual run rate of CDN $100 million.
Bob Kouw transitions to focus on strategic M&A and operational treasury. Alexander Widmann, from the New Fruit Group, will oversee European operations as COO. Gian Ferreiras will identify new commercial opportunities. Ana Cris de la Campa Ahedo will lead digital technology and business controlling, underlining Organto's focus on technology and strategic differentiation.
Additionally, Organto terminated its contract with Machai Capital, refunding an initial payment and canceling a stock option grant.
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