SunOpta CEO Joe Ennen to retire; Brian Kocher appointed effective Jan 2, 2024

SunOpta Inc.

Ennen to retire as CEO and director on Jan 2, 2024; will serve as advisor through Apr 1, 2024.
Brian Kocher appointed CEO and director; previously CEO of Calavo Growers, Castellini, interim CEO of Chiquita.
Kocher receives $800k base salary, 125% target bonus, and sign-on equity (RSUs, options, PSUs, matching RSUs).
Company reaffirms Q4 2023 and 2024 outlook, citing confidence in portfolio and growth trajectory.
Board Chair Dean Hollis expressed confidence in Kocher's ability to drive growth and operational productivity.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Brian W. Kocher

Chief Executive Officer

STKL · SunOpta Inc.

Effective: 2024-01-02
Filed: December 7, 2023, 6:59 PM ET

Brian W. Kocher was appointed by the Board to the roles of Chief Executive Officer and Director of the Company, effective January 2, 2024

Departed

Joe Ennen

Chief Executive Officer

STKL · SunOpta Inc.

Effective: 2024-01-02
Successor: Brian W. Kocher
Filed: December 7, 2023, 6:59 PM ET

On December 4, 2023, the Board of Directors of the Company accepted the resignation of Joe Ennen as Chief Executive Officer and Director of the Company effective January 2, 2024, in connection with Mr. Ennen's planned retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian W. Kocher was appointed as Chief Executive Officer at SunOpta Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Brian W. Kocher was appointed by the Board to the roles of Chief Executive Officer and Director of the Company, effective January 2, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joe Ennen resigned as Chief Executive Officer at SunOpta Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On December 4, 2023, the Board of Directors of the Company accepted the resignation of Joe Ennen as Chief Executive Officer and Director of the Company effective January 2, 2024, in connection with Mr. Ennen's planned retirement.

View on SEC.gov

SunOpta Inc. filing history →

Source: SEC EDGAR

accession 0001062993-23-022086

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