Alongside the leadership change, CG Foods has set a bold revenue target of US$144 million (INR 1,200 crore) by the end of FY25
Roseann Reinhold, the former director of human resources at RBS, is scheduled to retire.
Renwick replaces Amit Banati, who left on May 9 to take a position as CFO at the consumer health startup Kenvue, Inc.
The company, known for brands like Good Day, Tiger, and NutriChoice, noted Berry’s successful history in leading start-ups, joint ventures, and business growth.
To assist with this review, the company has hired Goldman Sachs & Co. and will consider a broad range of strategic options to enhance value.