These developments follow the successful launch of the world’s first commercial-scale production line dedicated to transforming olive waste into high-value nutritional ingredients.
This leadership transition is a pivotal component of the company’s broader “North American Leadership Evolution,” which aims to streamline regional operations and accelerate growth across the continent.
The transition is part of a structured succession plan, with some responsibilities shifting from David Faith, who currently holds the dual roles of president and chairman of the board.
These changes, set to take effect following the company’s fifth Annual General Meeting (AGM) on April 27, 2026, represent a pivotal shift in the firm’s multi-year “Updated 2025 Re-organization Plan.”
This strategic move is aimed at boosting the company’s customer care and technical sales capabilities as the global baking industry increasingly prioritizes sustainability, automation, and long-term lifecycle support for equipment.