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Zoglo's Incredible Food Corp
Symbol ZOG
Shares Issued 106,191,360
Close 2023-01-16 C$ 0.025
Market Cap C$ 2,654,784
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Zoglo's Incredible appoints Jedras as CEO, chairman

2023-01-16 09:38 ET - News Release

Mr. Val Jedras reports

ZOGLO'S INCREDIBLE FOOD APPOINTS NEW CEO AND CHAIRMAN OF THE BOARD

Zoglo's Incredible Food Corp. has appointed Val Jedras as the company's new chief executive officer and chairman of the board, effective Jan. 16, 2023. Paul Del Duca, who has served as the company's chairman, has consequently stepped down from the board and will continue supporting Zoglo's in an advisory role.

Mr. Jedras is a seasoned and well-respected consumer packaged goods executive with over 32 years of experience. Most recently, Mr. Jedras served as general manager (Canada) for Reynolds Consumer Products Canada Inc. and, prior to that, general manager for Corelle Brands Canada (EHI) Inc. Mr. Jedras also brings an invaluable sales background as he served as director of sales roles for leading firms such as Canada Dry Mot's Inc. (formerly Cadbury Schweppes Americas Beverages) and Harley-Davidson of Canada. At present, Mr. Jedras also serves as a board member for the Ronald McDonald House.

"It is a privilege to be taking the helm of Zoglo's as the company continues with its expansion across North America," commented Mr. Jedras, CEO of Zoglo's. "I look forward to working with the management team and board to execute our vision to be the go-to plant-based food option across dining tables in Canada and the United States."

As part of Mr. Jedras's compensation package, the company will grant two million stock options at a price of five cents per option exercisable for a period of two years from the date of grant. Fifty per cent of these options will vest at three months and the remainder 50 per cent will vest at six months.

About Zoglo's Incredible Food Corp.

Zoglo's Incredible Food is a publicly traded plant-based food company that offers nutrient-rich, plant-based appetizers, veggies and meat substitutes to fulfill consumers' needs for all occasions and cooking requirements.

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