Stryve Foods, Inc. Announces Leadership Transition
13 May 2022 - 6:02AM
Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an
emerging healthy snack and eating platform disrupting traditional
consumer packaged goods (CPG) categories, and a leader in the
air-dried meat snack industry in the United States, today announced
leadership succession plans with the appointment of Christopher
Boever as the Company’s Chief Executive Officer starting on May 23,
2022. In connection with the appointment of Mr. Boever, Joe Oblas
will transition to the new position of Chief Growth Officer. These
changes are a part of a long-term succession plan that allows for
an orderly transition, as well as the continued growth and
development of Stryve and its leadership bench. In addition, on May
11, 2022, the Board of Directors of the Company appointed Mr.
Boever to the Board as a Class III Director effective May 23, 2022.
Joe Oblas, CEO and Co-founder said, “As part of
our succession plan of this important C-level position, the Board
and I have identified Chris as the right person to lead Stryve
through its next phase of growth. We are excited to welcome Chris
to Stryve later in May. He joins Stryve with a proven track record
of strategic leadership, including more than 30 years of executive
experience in key consumer packaged foods leadership roles at Hain
Celestial, Pinnacle Foods, ConAgra Brands and Hormel.
“As a Co-founder, director and fellow
stockholder of Stryve, my vision and passion for this business is
to continue to drive sales, product innovation, market penetration,
and brand development. I strongly believe with my talents and
skills, I can help open new doors of distribution, work on
important innovation and focus exclusively on continuing the
momentum of our sales and distribution,” concluded Oblas.
Ted Casey, Co-founder and Chairman comments, “As
Co-founder of Stryve, Joe has been an important visionary and
played a key leadership role that created and launched this new
U.S. meat snack category. Joe has successfully worked to put Stryve
on the map as a pioneering player with first mover leadership. Joe
worked tirelessly on this endeavor, as well as growing key
distribution, creating new branded opportunities, and building out
our foundation that has caused us to be one of the fastest growing
brands in the country. He will continue to work on his passion to
create value as Chief Growth Officer at Stryve.”
“I am honored to join Stryve Foods and excited
about the category, the brand, the team and the potential. The
mission and positioning that Stryve brings to deliver customers a
high protein meat snack, with on-the-go convenience, presents
tremendous opportunity for all stakeholders, including customers. I
look forward to working with the entire team at Stryve. Also, I am
proud of the accomplishments of my past and I am confident in the
Stryve team’s ability to deliver long-term profitable growth,”
commented Mr. Boever.
- Mr. Boever was
responsible for Hain Celestial North America, where he led sales,
marketing and innovation transformations. Mr. Boever spent more
than 30 years as executive in the consumer packaged foods industry,
most recently as Executive Vice President and Chief Customer
Officer and President of Food Service at Pinnacle Foods Corp. Prior
to Pinnacle, he was Senior Vice President of Consumer Products at
ConAgra Foods, and prior to that was Vice President of Sales and
Business Development at Hormel Foods Corp. He is a passionate
mentor, coach and instills an engaging company culture that
inspires teams to collaborate as a focused unit, while attaining
peak performance. Boever received a bachelor’s degree in Marketing
from the University of Wisconsin – Whitewater along with continuing
education programs at University of Southern California, Stanford
University and the University of Minnesota. He currently sits on
the Board of Directors for Snack it Forward and the Food Marketing
Institute.
About Stryve Foods, Inc.Stryve
is an emerging healthy snacking and food company that manufactures,
markets and sells highly differentiated healthy snacking and food
products that Stryve believes can disrupt traditional snacking and
CPG categories. Stryve’s mission is “to help Americans eat better
and live happier, better lives.” Stryve offers convenient products
that are lower in sugar and carbohydrates and higher in protein
than other snacks and foods. Stryve’s current product portfolio
consists primarily of air-dried meat snack products marketed under
the Stryve®, Kalahari®, Braaitime®, and Vacadillos® brand names.
Unlike beef jerky, Stryve’s all-natural air-dried meat snack
products are made of beef and spices, are never cooked, contain
zero grams of sugar*, and are free of monosodium glutamate (MSG),
gluten, nitrates, nitrites, and preservatives. As a result,
Stryve’s products are Keto and Paleo diet friendly. Further, based
on protein density and sugar content, Stryve believes that its
air-dried meat snack products are some of the healthiest
shelf-stable snacks available today.
Stryve distributes its products in major retail
channels, primarily in North America, including grocery, club
stores and other retail outlets, as well as directly to consumers
through its ecommerce websites and through the Amazon platform. For
more information about Stryve, visit www.stryve.com or follow us on
social media at @stryvebiltong.
* All Stryve Biltong and Vacadillos products
contain zero grams of added sugar, with the exception of the
Chipotle Honey flavor of Vacadillos, which contains one gram of
sugar per serving.
Investor Relations Contact:Three Part Advisors,
LLCSandy Martin or Phillip
Kuppersmartin@threepa.com or pkupper@threepa.com214-616-2207
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