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Happy Belly Appoints Sean Black as CEO

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Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) has appointed Sean Black as its new Chief Executive Officer. Former CEO Shawn Moniz will transition to the role of Chief Operating Officer and President. Mr. Black, with over 30 years of experience in the restaurant and franchising industry, has been leading Happy Belly's mergers and acquisitions strategy, real estate division, and franchise development for the past two years.

In his new role, Mr. Black will drive Happy Belly's strategic vision and growth initiatives in the QSR sector. His extensive background includes C-suite executive roles in both private and public companies, and experience in implementing organic and inorganic growth strategies. The company aims to strengthen its presence and market share in the QSR sector under Mr. Black's leadership.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ha nominato Sean Black come nuovo Amministratore Delegato. L'ex CEO Shawn Moniz passerà al ruolo di Direttore Operativo e Presidente. Il signor Black, con oltre 30 anni di esperienza nel settore della ristorazione e del franchising, ha guidato la strategia di fusioni e acquisizioni, la divisione immobiliare e lo sviluppo del franchising di Happy Belly negli ultimi due anni.

Nel suo nuovo ruolo, il signor Black guiderà la visione strategica e le iniziative di crescita di Happy Belly nel settore QSR. Il suo vasto background include posizioni dirigenziali in aziende sia private che pubbliche, e una comprovata esperienza nell'implementazione di strategie di crescita organica e inorganica. L'azienda punta a rafforzare la sua presenza e quota di mercato nel settore QSR sotto la guida del signor Black.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ha nombrado a Sean Black como su nuevo Director Ejecutivo. El ex CEO Shawn Moniz asumirá el cargo de Director de Operaciones y Presidente. El Sr. Black, con más de 30 años de experiencia en el sector de restaurantes y franquicias, ha estado liderando la estrategia de fusiones y adquisiciones, la división de bienes raíces y el desarrollo de franquicias de Happy Belly durante los últimos dos años.

En su nuevo rol, el Sr. Black impulsará la visión estratégica y las iniciativas de crecimiento de Happy Belly en el sector QSR. Su amplia trayectoria incluye puestos ejecutivos en empresas privadas y públicas, así como experiencia en la implementación de estrategias de crecimiento orgánico e inorgánico. La empresa busca fortalecer su presencia y cuota de mercado en el sector QSR bajo el liderazgo del Sr. Black.

해피 벨리 푸드 그룹 Inc. (CSE: HBFG) (OTCQB: HBFGF)는 Sean Black을 새로운 최고 경영자로 임명했습니다. 전 CEO Shawn Moniz는 최고 운영 책임자 및 사장으로 전환합니다. Black 씨는 30년 이상의 레스토랑 및 프랜차이즈 산업 경험을 보유하고 있으며, 지난 2년 동안 해피 벨리의 인수 및 합병 전략, 부동산 부문 및 프랜차이즈 개발을 이끌어왔습니다.

새로운 역할에서 Black 씨는 QSR 부문에서 해피 벨리의 전략적 비전과 성장 이니셔티브를 추진할 것입니다. 그의 폭넓은 배경은 민간 및 공공 기업에서의 C-suite 경영진 역할을 포함하며, 유기적 및 비유기적 성장 전략을 구현한 경험이 있습니다. 이 회사는 Black 씨의 리더십 아래 QSR 부문에서의 존재감과 시장 점유율을 강화하는 것을 목표로 하고 있습니다.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) a nommé Sean Black comme nouveau directeur général. L'ancien PDG Shawn Moniz passera au rôle de directeur des opérations et président. M. Black, avec plus de 30 ans d'expérience dans le secteur de la restauration et de la franchise, a dirigé la stratégie de fusions et acquisitions, la division immobilière et le développement des franchises de Happy Belly au cours des deux dernières années.

Dans son nouveau rôle, M. Black dirigera la vision stratégique et les initiatives de croissance de Happy Belly dans le secteur QSR. Son vaste expérience comprend des rôles de direction dans des entreprises privées et publiques, ainsi que de l'expérience dans la mise en œuvre de stratégies de croissance organique et inorganique. L'entreprise vise à renforcer sa présence et sa part de marché dans le secteur QSR sous la direction de M. Black.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) hat Sean Black als neuen Geschäftsführer berufen. Der ehemalige CEO Shawn Moniz wird die Rolle des Chief Operating Officer und Präsidenten übernehmen. Herr Black, der über 30 Jahre Erfahrung in der Restaurant- und Franchise-Branche verfügt, hat in den letzten zwei Jahren die Strategie für Fusionen und Übernahmen, die Immobilienabteilung und die Franchise-Entwicklung von Happy Belly geleitet.

In seiner neuen Rolle wird Herr Black die strategische Vision und die Wachstumsinitiativen von Happy Belly im QSR-Sektor vorantreiben. Sein umfangreicher Hintergrund umfasst C-Suite-Führungspositionen in privaten und öffentlichen Unternehmen sowie Erfahrung in der Umsetzung organischer und anorganischer Wachstumsstrategien. Das Unternehmen plant, unter der Führung von Herrn Black seine Präsenz und Marktanteile im QSR-Sektor zu stärken.

Positive
  • Appointment of Sean Black as CEO, bringing 30 years of industry experience
  • Black's expertise in mergers, acquisitions, and franchise development
  • Company reports record-breaking quarters and rapid franchise expansion
  • Former CEO transitioning to COO role, ensuring continuity in leadership
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - August 27, 2024) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce the appointment of Sean Black as Chief Executive Officer ("CEO"). Concurrently, former CEO Shawn Moniz will transition to the role of Chief Operating Officer and President.

After spearheading Happy Belly's mergers and acquisitions strategy, real estate division, and franchise development for the past two years, Mr. Black will now take on the additional role of CEO. With over 30 years of experience in the restaurant and franchising industry across Canada and the USA, Mr. Black brings a wealth of expertise to the role. His extensive background includes various C-suite executive roles in both private and public companies, as well as a deep understanding of capital market strategies and strategic partnerships. His proven success in implementing organic & inorganic growth strategies in the restaurant sector while executing on high-impact growth strategies uniquely positions him to drive Happy Belly's growth through its next phase of development.

In his new role, Mr. Black will drive Happy Belly's strategic vision and evolve growth initiatives as the company strengthens its presence and market share in the QSR sector. As the former Chief Development Officer at MTY Food Group (TSX: MTY), Mr. Black has the unique knowledge and skill set of what it takes to deliver on building a leading growth company evolving its stable of emerging brands.

"Working side by side, day in and day out with Shawn Moniz and the entire team at Happy Belly has been an extremely rewarding experience for me. I am honoured to step into the CEO role and continue working with such a talented group of individuals as we continue to grow our brand portfolio," said Sean Black, Chief Executive Officer. "Happy Belly is built on a foundation of good food and great people. As we enter our next phase of accelerated growth, I'm eager to keep pushing forward. While we've achieved so much in the past few years, I firmly believe we are just getting started."

"I'd like to formally congratulate Mr. Black and express my excitement about continuing to build Happy Belly alongside him as the company's Chief Operating Officer," said Shawn Moniz, Chief Operating Officer. "Mr. Black's extensive experience will be invaluable as we work to unlock stockholder value and explore new market opportunities. As the founder and former CEO, I had the privilege of overseeing and being intimately involved in all aspects of the business. I'm eager to leverage that experience to support Happy Belly in this next phase of growth. It's truly an exciting time at Happy Belly, with record-breaking quarters, rapid franchise expansion, and a continually growing portfolio of emerging brands. As Happy Belly's largest shareholder, I can say with 100% confidence that Mr. Black has my full trust in taking the reins, and he is undoubtedly the best person to lead us into our next phase of growth." It's a very exciting time at Happy Belly."

For franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at hello@happybellyfg.com.

About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leading consolidator of emerging food brands.

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Happy Belly Food Group

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Happy Belly Food Group
Sean Black
Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE VISIT:

www: www.happybellyfg.com or email hello@happybellyfg.com
If you wish to contact us please call: (604) 737-2303

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221223

FAQ

Who is the new CEO of Happy Belly Food Group (HBFGF)?

Sean Black has been appointed as the new CEO of Happy Belly Food Group (HBFGF).

What is Sean Black's background in the food industry?

Sean Black has over 30 years of experience in the restaurant and franchising industry across Canada and the USA, including C-suite executive roles in both private and public companies.

What happened to the former CEO of Happy Belly Food Group (HBFGF)?

Former CEO Shawn Moniz has transitioned to the role of Chief Operating Officer and President of Happy Belly Food Group (HBFGF).

What are Happy Belly Food Group's (HBFGF) recent business achievements?

Happy Belly Food Group (HBFGF) reports record-breaking quarters, rapid franchise expansion, and a continually growing portfolio of emerging brands.

HAPPY BELLY FOOD GRP INC

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