NEXE Innovations Announces Appointment of Strategic Advisor - Tom Hoyne, a Seasoned Coffee and Food Manufacturing Executive
NEXE Innovations (NEXNF) has appointed Tom Hoyne as Strategic Advisor, bringing over 35 years of food operations and manufacturing experience. Hoyne previously served as Vice President of Coffee and Quality at Kicking Horse Coffee for 20 years, continuing after Lavazza's $215 million acquisition of 80% of the company. His expertise spans quality and food safety systems, green coffee sourcing, and roasting operations. The appointment aims to strengthen NEXE's operations in the coffee segment, particularly in developing competitive compostable single-serve pods. The company also announced its participation in the Corporate Growth Conference in Chicago, November 20-21, 2024.
NEXE Innovations (NEXNF) ha nominato Tom Hoyne come Consulente Strategico, portando con sé oltre 35 anni di esperienza nelle operazioni e nella produzione alimentare. Hoyne ha precedentemente ricoperto il ruolo di Vice Presidente del Caffè e della Qualità presso Kicking Horse Coffee per 20 anni, continuando a lavorare anche dopo l'acquisizione del 80% dell'azienda da parte di Lavazza per 215 milioni di dollari. La sua esperienza include sistemi di qualità e sicurezza alimentare, approvvigionamento di caffè verde e operazioni di tostatura. Questa nomina mira a rafforzare le operazioni di NEXE nel settore del caffè, in particolare nello sviluppo di capsule compostabili per porzioni singole competitive. L'azienda ha anche annunciato la sua partecipazione alla Corporate Growth Conference a Chicago, il 20-21 novembre 2024.
NEXE Innovations (NEXNF) ha nombrado a Tom Hoyne como Asesor Estratégico, aportando más de 35 años de experiencia en operaciones y fabricación de alimentos. Hoyne ha sido Vicepresidente de Café y Calidad en Kicking Horse Coffee durante 20 años, continuando después de la adquisición del 80% de la empresa por Lavazza por 215 millones de dólares. Su experiencia abarca sistemas de calidad y seguridad alimentaria, obtención de café verde y operaciones de tueste. La designación tiene como objetivo fortalecer las operaciones de NEXE en el segmento de café, especialmente en el desarrollo de cápsulas de un solo uso compostables competitivas. La empresa también anunció su participación en la Conferencia de Crecimiento Corporativo que se llevará a cabo en Chicago, del 20 al 21 de noviembre de 2024.
NEXE Innovations (NEXNF)은 Tom Hoyne를 전략 고문으로 임명하여 35년 이상의 식품 운영 및 제조 경험을 가져왔습니다. Hoyne은 Kicking Horse Coffee에서 20년 동안 커피 및 품질 부사장을 역임했으며, Lavazza가 회사의 80%를 2억 1500만 달러에 인수한 후에도 계속 근무했습니다. 그의 전문 분야는 품질 및 식품 안전 시스템, 원두 조달 및 로스팅 운영을 포함합니다. 이번 임명은 NEXE의 커피 분야 운영을 강화하고, 특히 경쟁력 있는 퇴비용 단일 포션 팟 개발을 목표로 하고 있습니다. 회사는 또한 2024년 11월 20일부터 21일까지 시카고에서 열리는 기업 성장 컨퍼런스에 참여할 것이라고 발표했습니다.
NEXE Innovations (NEXNF) a nommé Tom Hoyne en tant que Conseiller Stratégique, apportant plus de 35 ans d'expérience dans les opérations et la fabrication alimentaires. Hoyne a précédemment été Vice-Président du Café et de la Qualité chez Kicking Horse Coffee pendant 20 ans, poursuivant son activité après l'acquisition de 80 % de l'entreprise par Lavazza pour 215 millions de dollars. Son expertise couvre les systèmes de qualité et de sécurité alimentaire, l'approvisionnement en café vert et les opérations de torréfaction. Cette nomination vise à renforcer les opérations de NEXE dans le secteur du café, en particulier dans le développement de capsules compostables pour services uniques compétitives. L'entreprise a également annoncé sa participation à la Conférence sur la Croissance des Entreprises à Chicago, les 20 et 21 novembre 2024.
NEXE Innovations (NEXNF) hat Tom Hoyne zum Strategischen Berater ernannt und bringt über 35 Jahre Erfahrung in der Lebensmittelproduktion und -verarbeitung mit. Hoyne war zuvor 20 Jahre lang Vizepräsident für Kaffee und Qualität bei Kicking Horse Coffee und setzte seine Tätigkeit auch nach der Übernahme von 80 % des Unternehmens durch Lavazza für 215 Millionen Dollar fort. Sein Fachwissen umfasst Qualitäts- und Lebensmittelsicherheitssysteme, die Beschaffung von grünem Kaffee und Röstprozesse. Die Ernennung zielt darauf ab, die Geschäftsabläufe von NEXE im Kaffeebereich zu stärken, insbesondere bei der Entwicklung wettbewerbsfähiger kompostierbarer Einzelportionskapseln. Das Unternehmen gab außerdem seine Teilnahme an der Corporate Growth Conference in Chicago am 20. und 21. November 2024 bekannt.
- Appointment of experienced advisor with 35 years in food operations
- Strategic expertise from former VP of Kicking Horse Coffee, acquired by Lavazza for $215M
- Enhancement of coffee segment operations capabilities
- None.
Mr. Hoyne has over 35 years of food operations and manufacturing experience. Most recently, he served as the Vice President of Coffee and Quality at Kicking Horse Coffee, where he dedicated 20 years to managing quality and food safety systems, sourcing green coffee, overseeing roasting operations, and refining coffee processing. He continued in this role after Lavazza acquired
"I have known NEXE since its inception and genuinely believe in their product. They have developed a competitive product that targets the single-serve plastic pod sustainability concerns," stated Tom Hoyne, "This is a much-needed solution for a growing part of the coffee market. I look forward to working with the NEXE team".
"Tom Hoyne will provide strategic guidance across multiple facets of our operations. His expertise in the coffee industry and managing food operations will be a tremendous asset as we hit production milestones and expand our operations to serve larger customers," stated Ash Guglani.
NEXE will be attending the Corporate Growth Conference (https://www.wastetodayevents.com/) November 20-21, 2024,
NEXE Innovations will be attending the Corporate Growth Conference produced by Waste Today. The conference is designed for operators and investors across the environmental services industry. As NEXE continues to build out its BPI-certified compostable coffee pod segment and operations, we are also exploring the next steps that best align with our proprietary compostable materials R&D strategy and additional markets to target. To learn more and to meet in person at the conference, contact:
Kam Mangat
VP, Investor Relations & Corporate Strategy
invest@nexeinnovations.com
Office +1-604-359-4725
Mobile +1-604-359-4742
About NEXE Innovations Inc.
NEXE Innovations is focused on providing innovative compostable material solutions and packaging to the B2B segment to help businesses achieve their sustainability goals. NEXE Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. Our flagship product, the NEXE Pod, a BPI-certified compostable coffee pod, showcases our material's durability and is an ideal substitute for plastic. The NEXE pod is compatible with major coffee brewing machines and is manufactured at NEXE's vertically integrated facility based in
On behalf of the Company:
Ash Guglani
President & Director
For investor relations contact:
Kam Mangat
VP, Investor Relations & Corporate Strategy
invest@nexeinnovations.com
Office +1-604-359-4725
Mobile +1-604-359-4742
For media relations contact: media@nexeinnovations.com
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Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release are forward-looking statements or information, which include, but are not limited to, statements in respect the Company's long-term growth and development plans. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including those risks set out in the Company's management's discussion and analysis for year ended May 31, 2024 under the headings "Risk and Uncertainties". Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include receipt of necessary approvals and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
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SOURCE Nexe Innovations Inc.
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