Zoglo's Incredible Food Corp. announced that veteran chartered accountant and business valuator Doug Harris has been named its new chief financial officer, effective October 1.
Harris brings over 20 years of financial services experience, having worked in accounting, corporate finance, private equity, and mergers and acquisitions. Over the course of his career, he has participated in more than $2 billion worth of transactions.
As part of Harris’ compensation, Zoglo's said it will grant 150,000 incentive options that vest 50,000 at a time in increments of six months. The options will have an exercise price of $0.08 per common share and expire in four years.
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Harris replaces Spencer Walker, who has stepped down, also effective October 1.
Zoglo's Incredible Food is a plant-based food company offering nutrient-rich appetizers, veggies and meat substitutes. Zoglo's products have been distributed in more than 700 retail stores across Canada including Walmart, Shoppers Drug Mart, Sobeys and Loblaws.
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