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Forbidden Foods Increases CEO Remuneration Amid Successful Restructuring

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Forbidden Foods Ltd ( (AU:FFF) ) has shared an announcement.

Forbidden Foods Ltd has announced an increase in the base remuneration for CEO Mr. Aleksic, recognizing his operational performance and personal investment in the company. Since joining in June 2023, Mr. Aleksic has led a successful business restructure, resulting in significant cost savings and demonstrating a strong commitment to the company’s growth strategy. The Board’s decision to raise his salary aligns with industry standards and supports the company’s strategy to enhance revenue growth and net earnings following the acquisition of Oat Milk Goodness.

More about Forbidden Foods Ltd

Forbidden Foods Ltd (ASX: FFF) is a health & wellness food company focused on providing clean, sustainable, and healthy products. The company’s core brand, Blue Dinosaur®, is sold in Australia and the USA.

Average Trading Volume: 5,449,861

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$5.7M

See more insights into FFF stock on TipRanks’ Stock Analysis page.

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