Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Appoints Seasoned CPG Veteran Marc Aneed as CEO as It Focuses on Driving Shareholder Value into 2022

 

• Eat Well Investment Group has appointed Marc Aneed, the current President and Director, as its new CEO
• Mr. Aneed has over 20 years’ experience in the consumer-packaged goods (“CPG”) space, having worked on and launched multiple successful consumer products at The Quaker Oats Company and Glanbia PLC
• Eat Well, a company that combines the best of agribusiness, food tech, and consumer goods, is building a platform that covers all the segments of the supply chain
• The company expects to leverage the guidance from its management and advisory team to grow through acquisitions, the launch of new products, expanded contracts, and more

Fully-integrated seed-to-market company Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) recently appointed the current President and Director, Marc Aneed, as its new Chief Executive Officer (“CEO”), taking over from David Doherty who has retired (https://nnw.fm/UVnzl).

An award-winning natural/wellness consumer products expert with 20 years’ experience, Mr. Aneed has previously worked at The Quaker Oats Company, a PepsiCo (NASDAQ: PEP) company, and Glanbia PLC, a global nutrition company. 

At The Quaker Oats Company, where he started his career, Mr. Aneed worked on iconic brands such as Gatorade and more. At Glanbia PLC, where he worked before joining Eat Well, Mr. Aneed led Amazing Grass, a leading plant nutrition and supplement company boasting over $100 million in retail sales, as well as Optimum Nutrition and Isopure, Glanbia’s Sports Nutrition brands in North America. In addition, he launched multiple successful consumer products resulting in collective retail sales of over $1 billion. He has also worked on numerous M&A transactions with a total value of more than $400 million. 

Mr. Aneed’s appointment dovetails with the company’s strategy of leveraging the expertise and experience of the management and leadership team to achieve success within the burgeoning plant-based foods market. During an October 2021 interview with TraderTV Live (https://nnw.fm/R1idz), (https://ibn.fm/AGp0C), Mr. Aneed noted that the leadership team, which has cumulative experience spanning over 100 years, has been instrumental in the company’s journey toward quick profitability despite being a relatively new company – Eat Well is projecting CA$60 million in final revenue for 2021.

Moving forward, the company expects to continue capitalizing on the guidance provided by its advisory and management team to grow through the launch of new products, acquisitions, expanded contracts with big CPG brands that will extend its global reach, and more.

“We know as a management team how to prioritize the right sorts of investments. We look at top-line revenue that’s real, that’s got use cases and velocity, and is underpinned by great gross margins. We’re not new to this space… We have a lot of the right people in our team, and… we’re bringing a lot of global leaders into this ecosystem of ours,” commented Marc.

Operating in the agribusiness, food tech, and consumer goods segments, Eat Well is building a platform covering the downstream, midstream, and upstream stages of the supply chain. This holistic approach, Mr. Aneed says, matters “because supply security integrated with food tech all the way down through to retail is one of the very rare but most critical things to do in this space, and that’s what we are doing by design at Eat Well Group.”

For more information, visit the company’s website at www.EatWellGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://nnw.fm/EWGFF

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