Toronto, ON – October 3, 2022: Zoglo’s (CSE: ZOG) (FSE: 7UT) (“Zoglo’s” or the “Company”), a plant-based food company, announces that Mr. Doug Harris has been appointed as the Company's Chief Financial Officer (“CFO”), effective October 1, 2022.
Mr. Harris is a chartered accountant and a chartered business valuator with over 20 years of experience in the financial services sector. Doug has worked in accounting, corporate finance, private equity, and mergers & acquisitions. He has participated in over $2 billion of transactions. Doug holds an MBA (Accg) from the Rotman School of Management at the University of Toronto and a BSc. from the University of Guelph.
As part of the remuneration package, the Company will also grant 150,000 incentive options (“Options”) with the following vest-in schedule: 50,000 options after 6 months, 50,000 options after 12 months, and 50,000 options after 150,000. The options will have an exercise price of $0.08 per common share.
Concurrent with Mr. Harris' appointment, Mr. Spence Walker has stepped down from his role as CFO of Zoglo’s, effective October 1, 2022. The Company wishes him the best in all his future endeavors.
For a full breakdown of all Zoglo’s products and where they can be purchased, please visit the Company’s product section on its website.
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Zoglo’s is a publicly-traded plant-based food company which offers nutrient-rich, plant-based appetizers, veggies, and meat substitutes to fulfill consumers needs for all occasions and cooking requirements. The Company’s wholly-owned subsidiary, Zoglo’s currently offers 14 products through its Traditional Green Box product line and aims to offer 12 innovative products for the mainstream market through its new Zoglo’s Black Box product line. Over the past 25 years, Zoglo’s products have been in distribution in over 1,300 retail stores across Canada including Walmart, Shoppers Drug Mart, Sobeys and Loblaws, and has representation in the United States and Europe. The Company trades on the Canadian Securities Exchange under the ticker: ZOG and on the Frankfurt Stock Exchange under the ticker: 7UT.
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