The Fort Worth Press - Organto Announces Appointment of Chad Hagen to the Board of Directors

USD -
AED 3.672502
AFN 65.506901
ALL 80.542786
AMD 365.404028
AOA 917.999947
ARS 1490.933797
AUD 1.416631
AWG 1.8025
AZN 1.704684
BAM 1.694742
BBD 2.013422
BDT 123.409934
BHD 0.376932
BIF 2988.332445
BMD 1
BND 1.280355
BOB 11.871288
BRL 5.174302
BSD 0.999614
BTN 95.355034
BWP 13.493408
BYN 2.963637
BYR 19600
BZD 2.010476
CAD 1.392785
CDF 2274.999813
CHF 0.811735
CLF 0.023224
CLP 914.020134
CNY 6.745297
CNH 6.74767
COP 3137.03
CRC 453.271291
CUC 1
CUP 26.5
CVE 95.544878
CZK 21.02415
DJF 178.017322
DKK 6.479402
DOP 58.290116
DZD 132.998787
EGP 50.179803
ERN 15
ETB 161.696178
EUR 0.86671
FJD 2.21245
FKP 0.739377
GBP 0.740346
GEL 2.615021
GGP 0.739377
GHS 11.761444
GIP 0.739377
GMD 73.502808
GNF 8778.535005
GTQ 7.626087
GYD 209.359254
HKD 7.846499
HNL 26.793985
HRK 6.5302
HTG 130.704343
HUF 316.521009
IDR 17864
ILS 2.997301
IMP 0.739377
INR 95.42005
IQD 1309.573325
IRR 1374700.000461
ISK 123.070381
JEP 0.739377
JMD 158.156744
JOD 0.709021
JPY 159.423999
KES 129.330412
KGS 87.449818
KHR 4050.066938
KMF 427.000292
KRW 1417.544958
KWD 0.30891
KYD 0.832994
KZT 466.161244
LAK 22554.384323
LBP 89518.610465
LKR 334.287955
LRD 180.434905
LSL 16.22219
LTL 2.95274
LVL 0.60489
LYD 6.374968
MAD 9.261597
MDL 17.36399
MGA 4301.39206
MKD 53.312479
MMK 2099.437721
MNT 3594.800745
MOP 8.079183
MRU 39.955635
MUR 47.039473
MVR 15.449606
MWK 1733.381281
MXN 17.064503
MYR 4.093802
MZN 63.399706
NAD 16.220855
NGN 1361.770302
NIO 36.783342
NOK 9.491104
NPR 152.566385
NZD 1.703855
OMR 0.384495
PAB 0.999614
PEN 3.379519
PGK 4.485921
PHP 61.317007
PKR 277.479994
PLN 3.72915
PYG 5952.056011
QAR 3.644076
RON 4.539801
RSD 101.716976
RUB 82.449298
RWF 1472.472911
SAR 3.747756
SBD 8.065041
SCR 13.894089
SDG 600.502876
SEK 9.528796
SGD 1.28069
SLE 24.497323
SOS 571.29488
SRD 37.946011
STD 20697.981008
STN 21.229307
SVC 8.746664
SZL 16.212539
THB 33.119716
TJS 9.211859
TMT 3.51
TND 2.935103
TRY 47.757302
TTD 6.769484
TWD 32.211699
TZS 2654.997973
UAH 44.852497
UGX 3719.156864
UYU 40.24973
UZS 11886.069807
VES 760.265199
VND 26127.5
VUV 118.84778
WST 2.733733
XAF 568.398113
XAG 0.015209
XAU 0.000227
XCD 2.70255
XCG 1.801671
XDR 0.706905
XOF 568.398113
XPF 103.341305
YER 237.200169
ZAR 16.18805
ZMK 9001.200395
ZMW 18.743474
ZWL 321.999592
  • CMSD

    -0.0600

    21.63

    -0.28%

  • CMSC

    -0.1300

    21.44

    -0.61%

  • RBGPF

    2.2800

    72.16

    +3.16%

  • RELX

    -0.2500

    35.37

    -0.71%

  • RIO

    -0.9200

    100.99

    -0.91%

  • NGG

    0.7900

    80.27

    +0.98%

  • BCC

    0.7800

    85.53

    +0.91%

  • BCE

    0.8300

    23.37

    +3.55%

  • JRI

    0.0000

    12.73

    0%

  • GSK

    -1.2600

    50.9

    -2.48%

  • BTI

    -0.2400

    56.81

    -0.42%

  • BP

    0.2800

    43.16

    +0.65%

  • RYCEF

    -0.0200

    20.55

    -0.1%

  • AZN

    -3.1600

    158.75

    -1.99%

  • VOD

    0.1500

    15.9

    +0.94%

Organto Announces Appointment of Chad Hagen to the Board of Directors
Organto Announces Appointment of Chad Hagen to the Board of Directors

Organto Announces Appointment of Chad Hagen to the Board of Directors

Industry Leader Adds Extensive Business Building and Commercial Expertise

Text size:

VANCOUVER, BC AND BREDA, THE NETHERLANDS / ACCESS Newswire / January 27, 2026 / Organto Foods Incorporated (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0) ("Organto" or the "Company") announces that Mr. Chad Hagen, an experienced executive in the global natural and organic food and beverage industry, has been appointed to the Company's Board of Directors, effective immediately. Mr. Hagen replaces Mr. Alejandro Maldonado, who resigned as a director of the Company effective January 26, 2026.

"On behalf of the entire Organto team, we want to thank Alejandro for his many contributions to Organto and wish him sincerest best wishes with his future endeavours," said Steve Bromley, Chair and Co-CEO of the Company.

Mr. Hagen is a seasoned executive with over 30 years of experience building, scaling, and operating businesses across the food, beverage, and fresh produce industries, with a passion and focus on sustainable business platforms. Mr. Hagen currently serves as Chief Commercial Officer for Sojo Industries, a fast-growing national technology company that utilizes robotics, mobility, and proprietary software to deliver efficient variety and multi-packing solutions to the food and beverage industry.

Prior to joining Sojo, Mr. Hagen spent 17 years at SunOpta Inc., a leading provider of plant-based aseptic beverages, better-for-you fruit snacks, and plant-based ingredients. During his tenure at SunOpta, Mr. Hagen held a number of positions focused on developing and transforming operating platforms to meet the growing needs of the global natural and organic foods industry, most recently serving as Chief Customer Officer.

Before joining SunOpta, Mr. Hagen spent over 10 years in the fresh organic produce industry, building brands and developing global supply chains in more than 15 countries for Robinson Fresh, Newman's Own Organics, Cape Organics, and Pavich Farms. Mr. Hagen holds a Bachelor of Science degree in Agricultural Business from Cal Poly, San Luis Obispo, California.

"We are very pleased to have Chad join our Board at this exciting time in our Company's history. His passion for organic and sustainable foods, combined with deep business building, integration, commercial development and operating experience will be invaluable as we continue to accelerate our growth plans," commented Mr. Bromley. "Over the past almost two years, we've repositioned and streamlined our business, strengthened our financial foundation and demonstrated our ability to grow both quickly and responsibly. With disciplined execution and a clear strategy, we're advancing our integrated capital-efficient business model, with plans to broaden our product portfolio and geographic footprint, leading to creation of long-term value for shareholders."

With the resignation of Mr. Maldonado and the appointment of Mr. Hagen, the Company's Board of Directors remains comprised of six directors, four of whom are independent and two of whom are not by virtue of being an officer and consultant, respectively, of the Company.

Grant of Stock Options and Restricted Share Units

The Company also announces that it has granted 100,000 stock options exercisable to acquire up to 100,000 common shares of the Company at an exercise price of $0.85 per share until January 26, 2031 and 75,000 restricted share units to Mr. Hagen. The options were granted in accordance with the terms of the Company's Share Option Plan and will vest as to 25% immediately and 25% every six months thereafter. The restricted share units were issued in accordance with the terms of the Company's Restricted Share Unit Plan and will vest as to 50% vesting on the first anniversary of the date of grant and 25% each six months thereafter. The restricted share units have a term of three years.

Digital Marketing Services Agreement Update

The Company additionally announces that the digital marketing services agreement previously announced on November 10, 2025 with Machai Capital Inc. ("Machai") has been amended and restated as of December 22, 2025. Machai is a marketing, advertising and public awareness firm having an office at 101-17565 58th Ave., Surrey, B.C.; Machai will provide digital marketing services with branding, content and data optimization to assist the Company in creating in-depth marketing campaigns, tracking, organizing and executing the services through search engine optimization, search engine marketing, lead generation, digital marketing, social media marketing, e-mail marketing and brand marketing. The services will be conducted in accordance with applicable TSX Venture Exchange policies. The marketing campaign is expected to be launched in January 2026, and continue through December 2026, pursuant to which Machai will receive a base fee of $200,000 plus GST. Machai is arm's length to the company and has no other relationship with the company other than under this marketing agreement.

In connection with the amendment and restatement of the digital marketing services agreement with Machai, the 200,000 stock options with an exercise price of $0.58 originally issued to Machai were cancelled. Under the December 22, 2025 agreement, 200,000 stock options with an exercise price of $0.67 have been granted to Machai. These options will vest in quarterly installments over one year, with the first installment vesting on March 22, 2026, and will expire on December 22, 2027.

On Behalf of the Board

Steve Bromley
Co-Chair and CEO

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.

Investor & Media Contact:

John Rathwell
SVP, Corporate Development
[email protected]
www.organto.com

About Organto Foods

Organto Foods Inc. (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0) is a Canadian-headquartered company supplying certified organic and fairtrade produce to leading international retailers. Organto manages global sourcing, logistics and distribution through an integrated, capital-efficient model that connects growers and consumers with transparency, sustainability and operational excellence.

Forward Looking Statements

This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting Organto's business model and markets; Organto's belief that Mr. Hagen's passion for organic and healthy foods, combined with deep business building, integration, commercial development and operating experience will be invaluable as the Company continues to accelerate its aggressive growth plans; Organto's belief that over the past almost two years, it has repositioned and streamlined its business, strengthened its financial foundation and demonstrated its ability to grow both quickly and responsibly; Organto's belief that with disciplined execution and a clear strategy, it is advancing its integrated asset-efficient model, with plans to broaden its product portfolio and create long-term value for its shareholders; management's beliefs, assumptions and expectations; the timing of the expected launch and duration of the marketing campaign to be facilitated by Machai; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about the following: the ability and time frame within which Organto's business model will be implemented and product supply will be increased; cost increases; dependence on suppliers, partners, and contractual counter-parties; changes in the business or prospects of Organto; unforeseen circumstances; risks associated with the organic produce business generally, including inclement weather, unfavorable growing conditions, low crop yields, variations in crop quality, spoilage, import and export laws, and similar risks; transportation costs and risks; general business and economic conditions; and ongoing relations with distributors, customers, employees, suppliers, consultants, contractors, and partners. The foregoing list is not exhaustive and Organto undertakes no obligation to update any of the foregoing except as required by law.

SOURCE: Organto Foods, Inc.



View the original press release on ACCESS Newswire

W.Knight--TFWP