Wide Open Agriculture appoints new CEO

Wide Open Agriculture (ASX:WOA) announced a restructuring of its executive team, headlined by the appointment of Craig Swan as CEO, effective April 7.

Swan joins the company with a formidable background in B2B food ingredients, having held senior leadership roles at global industry giants including Givaudan, Nutrasweet, and Goodman Fielder Ingredients.

His extensive experience in Singapore and China is expected to be a primary driver for WOA’s international expansion.

The board indicated that Swan's recruitment is central to the company's transition from technology development to commercial scale-up.

His immediate mandate includes advancing the company’s lupin protein technology, strengthening global customer relationships, and optimizing manufacturing economics.

As part of this leadership transition, the outgoing CEO, Matthew Skinner, will resign from his executive post but will remain with the company as a non-executive director.

The move is intended to ensure the retention of Skinner's deep product knowledge and provide strategic continuity during the handover.

The company confirmed that Claudia Kwan is stepping down from the Board due to personal and professional commitments.

However, she will continue to serve in a strategic advisory capacity, focusing on institutional investment and partnership opportunities.

Chair Yaxi Zhan expressed confidence in the new leadership structure, noting that Swan’s track record in building growth-focused businesses across Asia aligns perfectly with the company's strategic priorities for the coming year.

At the time of reporting, Wide Open Agriculture's share price was $0.015.