Solegear Bioplastic Technologies (Vancouver, Canada) announced last week that the board of directors has accepted the resignation of the Company’s Chief Executive Officer and member of the board, Mr. Toby Reid.
No reason for the resignation was given, although Mr. Reid did comment that he was excited about the opportunity to spend more time with his family.
The board has approved the appointment of Mr. Paul Antoniadis, a director of the Company, to serve as interim Chief Executive Officer. As a Solegear director, investor and advisor to the management team, Paul has played an integral role in building Solegear’s commercial activities, strategic partnerships, and supply chain capabilities. He has extensive consumer technology and multi-channel retail achievements across North America, Asia and Europe—a background that will be very helpful as the company navigates the next phase of its growth