Modern Plant-Based Foods appoints Anastasia Bogomolova as Director of Operations

VANCOUVER — Modern Plant-Based Foods Inc., a plant-based food company, has appointed Anastasia Bogomolova as Director of Operations to strengthen its production team in preparation for onboarding large retailers. In this newly created position, Ms. Bogomolova will oversee the company’s production facility, as Modern Plant-Based Foods ramps up expansion initiatives both in operations and sales.

“We are pleased to welcome Anastasia to the Modern Plant-Based team. She brings impressive manufacturing, supply chain and operations experience which is critical as we continue to execute our growth strategy and build out our internal capabilities both to support our multiple collaborations and prepare to onboard large retailers,” said Tara Haddad, Founder of the Company, in a press release.

Ms. Bogomolova led Daiya foods as Senior Production Manager for just over 4 and a half years. Daiya foods was acquired by Otsuka Holdings Co. Ltd for $405 million.

“I am excited to be part of a young organization that is already showing enormous potential in this fast-growing market. The team is forward-thinking, and truly committed to creating plant-based products that are healthy and delicious. Being in the food business for over 12 years, I feel I am able to identify companies on the cusp of major growth and I feel Modern Plant-Based Foods is on this cusp,” said Mrs. Bogomolova in a company statement.

“The plant-based meat industry’s growth has been exponential in recent years as I have seen conglomerates come in and buy companies firsthand as I experienced at Daiya. I feel over the coming period Modern Plant-Based Foods has the potential to compete with some of these larger companies. I’m am thrilled to be a part of the continued success and evolution of the Company and look forward to working with the Modern Plant-Based team.”

The Company has also granted 550,000 stock options to certain directors, officers, and consultants. The stock options are exercisable for common shares of the Company with an exercise price of $2.85 per share until October 18th, 2023.