Naturally Splendid Enterprises Ltd said it has appointed chairman George Ragogna as its new chief financial officer (CFO), replacing current finance chief Bryan Carson.
Ragogna brings over 30 years of experience in the Canadian financial services industry to the company. He has spent over 20 years in a progressive leadership role specializing in strategic planning, corporate sales, workforce optimization, and regulatory compliance for Co-operators Group Limited.
“We have had the privilege of working with George in his role as chairman of the board. Having George step into the CFO role, with his 30 years of experience in the financial sector, is sure to be an asset for the company," said Naturally Splendid CEO J. Craig Goodwin in a statement.
READ: Naturally Splendid closes second tranche of its previously announced non-brokered private placement for gross proceeds of $1,120,455.96
Prior to accepting the position of CFO for Naturally Splendid, Ragogna managed the sales and service call center of over 550 employees for Co-operators Group Limited, ensuring new and existing staff were trained and knowledgeable in the financial services industry and compliance processes.
Ragogna brings unique business acumen and strong technical skills that will strengthen Naturally Splendid as the company focuses on its core business.
"I'm excited for the opportunity to support the organization in this next chapter as we transition ourselves into manufacturing our plant-based food entrees,” Ragogna said. “This is a most exciting time as the plant-based protein product industry continues to grow.”
Ragogna added that as a manufacturer, the company will deploy innovative strategies to penetrate the expanding market as efficiently as possible.
Carson, a co-founder of Naturally Splendid, will retain his position of vice president as well as his position as a director of the company. Ragogna remains a director of the company and chairman of the board as well as the position of CFO but will no longer be chairman of the audit committee, the company said.
The company added that existing director Larry Gilmour was appointed as the audit committee chairman.
Contact Ritika at ritika@proactiveinvestors.com