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The Food Revolution Group (ASX:FOD) appoints Tony Rowlinson as CEO

Consumer Discretionary
ASX:FOD
14 April 2020 17:45 (AEST)

Source: Smallcaps

The Food Revolution Group (FOD) has appointed Tony Rowlinson as CEO, effective immediately.

Tony will be replacing the previous CEO, John Florey, but did not specify why he is leaving.

Tony has extensive experience, having held senior executive roles in companies spanning across Australia, South Africa, and the United Kingdom.

He moved to Australia 22 years ago with his role at International Paper and since then he has worked with some of Australia’s most iconic brands, like Sorbent, Handee, and Libra.

John has also worked at Simplot Australia where he managed the Australian arms of Lean Cuisine, Leggo’s, and John West.

However, before moving to Australia, John was the Marketing Director for Coca Cola, and was the General Manager for Bristol Myers in the U.K. and South Africa.

“We are delighted to have Tony on board. In fast-tracking our expansion plans, we are building our leadership capabilities across manufacturing, supply chain and sales,” Chairman Norman Li commented.

“Tony has a wealth of global experience in managing successful businesses, building brands, implementing best in class manufacturing processes and entering new markets,” he said.

“We look forward to Tony’s leadership as we diversify our business into more added value functional products and roll out our products into new export markets,” he concluded.

FOD is continuing its operations and its recently launched hand sanitiser range is continuing to deliver strong results for the company.

It is estimated that the sale of hand sanitisers will exceed more than $4 million in the 2020 financial year.

FOD’s original premise, juices, is also continuing strongly and the company has experience an increase in sales from the same time last year.

“We are pleased with the re-launch of our juice products under the Original Juice Company and Black Label brands and are confident that we will continue to grow our juice business, as we extend our distribution and launch new healthier options,” Norman said.

FOD’s share price has been steady since April 9 and last traded for 6.7 cents.

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