SunOpta, a company which manufacturers food and beverage products including organic frozen vegetables and fruit, announced it has appointed an interim CEO in the person of Katrina L. Houde, who has been a SunOpta director since 2000. Houde replaces former chief executive officer, David J. Colo.
“On behalf of the Board of Directors, I would like to thank David for his contributions to SunOpta and wish him well in his future endeavors. Over the last two years, the foundation of the Company has been strengthened, and SunOpta is now though the first phase of the Value Creation Plan. The Board is moving quickly to identify the new CEO who will accelerate our efforts to drive long-term, sustainable, shareholder value through the Value Creation Plan. In the interim, I am confident that our talented senior leadership team will continue to execute on our key strategic objectives,” noted Dean Hollis, chairman of the board of directors. “Since 2016, SunOpta has made substantial progress in its transformation. The company has exited and sold unprofitable and non-core business lines, made significant investments in food safety and quality, and has returned the company to growth. This meaningful advancement has been driven by the team at SunOpta, and the board and I are grateful for their continued efforts. In the next phase of our transformation, we intend to dive growth,” Hollis went on.
SunOpta is a global firm that focuses on organic, non-genetically modified (non-GMO) and specialty. The company specializes in the sourcing, processing and packaging of organic and non-GMO food products, integrated from seed through packaged products.