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Posted 01 March, 2023

INNOVATIVE FOOD HOLDINGS INC appointed new CEO

CEO Change detected for ticker OTC:IVFH in a 8-K filed on 01 March, 2023.


  As per an agreement previously described in the Prior 8-K, after the close of business on February 28, 2023, Mr. Sam Klepfish resigned as the Chief Executive Officer of the Company although he will remain as a director and Chairman.  

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Overview of INNOVATIVE FOOD HOLDINGS INC
Consumer Goods • Food Products
Innovative Food Holdings, Inc. engages in the provision of end-to-end direct-to-consumer e-commerce and direct-to-chef platforms. It distributes specialty food and food related products through national partnership based and regionally based foodservice related channels. Its products include seafood, meat and game, produce, poultry, mushrooms, and cheese. The firm offers its products through the igourmet, Artisan, Swift River, and Artistré brands. The company was founded in June 1979 and is headquartered in Bonita Springs, FL.
Market Cap
$46.5M
View Company Details
INNOVATIVE FOOD HOLDINGS INC by TradingView
Relevant filing section
Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On February 28, 2023, after the close of business, Mr. Robert William Bennett is the Chief Executive Officer and a director of Innovative Food Holdings, Inc. (the "Company"). As previously described in a Current Report on Form 8-K filed on February 7, 2023 (the "Prior 8-K"), the Company entered into an Executive Employment Agreement with Mr. Bennett.


Mr. Bennet, age 41, was most recently Vice President of eCommerce for The Kroger Co. from 2020 until 2023. In this role, he was responsible for the company's $10 billion eCommerce business, leading cross-functional partners in marketing, merchandising, product management, supply chain, technology, and analytics to develop and lead a robust eCommerce go-to-market and growth strategy across the enterprise. Mr. Bennett joined Kroger from Walmart where he served for seven years, from 2013 to 2020, in a variety of eCommerce and store leadership roles, including finance, merchandising, strategy, analytics, and product management. Prior to Walmart, from 2011 to 2013, Mr. Bennett led the pricing strategy team at S.C. Johnson and served in a variety of leadership roles at General Mills from 2006 to 2011. Mr. Bennett received a bachelor's degree in Business Management with an emphasis in Finance from Brigham Young University and an MBA from the Fuqua School of Business at Duke University.


Prior to Mr. Bennett joining the Company he was not a party to any material transactions with the Company, nor does he have any family relationship (as defined in Item 401 to Regulation S-K) with any director or executive officer of the Company. 


As per an agreement previously described in the Prior 8-K, after the close of business on February 28, 2023, Mr. Sam Klepfish resigned as the Chief Executive Officer of the Company although he will remain as a director and Chairman.


Effective March 1, 2023, Mr. Justin Wiernasz is resigning as our Director of Strategic Acquisitions and as a director. Mr. Wiernasz submitted a letter of resignation stating that his resignation was for personal reasons and not for any policy dispute. A copy of that letter is filed herewith as an exhibit.