- The Very Good Food Company (NASDAQ:VGFC) said on Monday that as part of its succession plan, Matthew Hall has stepped down as interim Co-Chief Executive Officer and as a director of the company, however will continue to support VERY GOOD in an advisory capacity.
- Parimal Rana, a seasoned food industry professional and Very Good's Vice President of Operations, is assuming the role of CEO and will also join VERY GOOD's board.
- As part of this leadership transition, Dela Salem, who temporarily assumed the role of Interim Co-CEO alongside Matt Hall in May to help guide the company through key challenges, will return to focus her efforts solely on the board.
- Concurrently, the firm said that Bill Tolany has stepped down from the board for personal reasons and the board are working to fill the independent board seat vacancy created by Bill's departure.
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