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Wide Open Agriculture (ASX:WOA) shuffles leadership team

ASX News, Consumer
ASX:WOA      MCAP $4.655M
14 December 2022 08:23 (AEST)

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Wide Open Agriculture (WOA) has shuffled its leadership team ahead of its next phase of growth.

The company announced this morning its Managing Director, Dr Ben Cole, will cease acting in his role and instead transition to Executive Director, switching his focus to the Buntine Protein business.

Chairman Anthony Maslin said during Mr Cole’s eight years as MD, he positioned WOA as Australia’s leading regenerative food and farming company.

“His talents are many and include his ability to communicate WOA’s growth story, identify new innovations (including the Buntine Protein business) and support the scaling and acceptance of regenerative farming practices.

“This transition will allow Ben to maximise his value to the company by removing management and staffing responsibilities and allow him to focus on these areas.”

As a result of the move, Chief Executive Officer of WOA’s food brand Dirty Clean Food, Jay Albany, will take over the reins as CEO of WOA.

Wide Open Agriculture said Mr Albany has led the “exceptional” growth of Dirty Clean Food over the past three years and has a proven ability to rapidly grow distribution for regenerative food and beverages across Australia and Asia, with more than 20 years’ experience in the food, financial and digital realm.

“Jay’s passion and alignment with our company’s purpose and proven ability to deliver results are a huge asset to WOA, and we’re excited about what the future holds for both Jay and WOA,” Anthony Maslin said.

Mr Cole will support Mr Albany in capital market and investor relations during the transition period.

Wide Open Agriculture last traded at 25 cents on December 13.

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