FoodTech Trailblazer Beyond Oil Appoints New COO from KFC Amidst Massive Global Expansion (OTCQB: BEOLF) (CSE: BOIL), up 250% this year
25 November 2024 - 5:12PM
InvestorsHub NewsWire
November 25, 2024 -- InvestorsHub NewsWire --
via Global Markets News Network -- Beyond Oil
Ltd. (CSE:
BOIL) (OTCQB:
BEOLF), a leading innovator in the food-tech space focusing on
health and sustainability, has announced the appointment of Aviran Fine as its new
Chief Operating Officer. This key leadership move highlights Beyond
Oil's commitment to scaling its operations and establishing a
stronger presence in global markets. Beyond Oil, which has seen an
increase of over 250% since the start of the year seems to be
attracting interest from investors in the past few months/
From KFC Israel to Beyond Oil: A Proven Track
Record
Fine joins Beyond Oil after serving as
COO at KFC Israel, where his tenure was marked by transformative
improvements in operational efficiency, cost management, and
procurement. With a career that began as a line cook and evolved
into senior leadership roles at global chains like Burger King and
KFC, Fine brings deep industry insights and operational expertise
to Beyond Oil at a critical juncture.
Shai Carmona, CEO of KFC Israel's franchise company MAFCO,
praised Fine's leadership, noting that under his management, KFC
Israel achieved measurable gains in efficiency and financial
performance. Carmona also highlighted Beyond Oil's oil filtration
technology, which had been successfully piloted in KFC Israel's
kitchens. The results of this pilot were striking: reduced oil
consumption, significant cost savings, and cleaner air in
kitchens—all demonstrating the real-world impact of Beyond Oil's
innovative approach.
Strengthening Global Operations
Fine's appointment comes as Beyond Oil
continues to expand its footprint in international markets. Recent
milestones include a strategic partnership with Hap Chan in the
Philippines and growing traction in European markets, such as the
adoption of Beyond Oil's technology by Mister Noodles in Spain.
These developments showcase the company's ability to tailor its
solutions to diverse regional needs while advancing sustainable
practices in food preparation.
Beyond Oil's leadership team is positioning the company for
long-term success through careful market selection and strategic
partnerships. Fine's expertise in managing complex supply chains
and optimizing operations will be instrumental as the company
scales its operations and addresses the demands of an expanding
customer base.
At the core of Beyond Oil's business is its groundbreaking oil
filtration technology, which prolongs the usable life of frying oil
while maintaining high safety and quality standards. This not only
reduces operational costs for businesses but also aligns with the
growing consumer demand for eco-friendly and health-conscious
solutions.
Fine's direct experience with Beyond Oil's technology during his
time at KFC Israel gives him a unique understanding of its
potential impact. His familiarity with the product and its
operational benefits positions him to lead the company's growth
while ensuring seamless implementation of its solutions across new
markets.
A Foundation for Growth
Beyond Oil's recent C$1.77 million funding through warrant
exercises, led by its strategic partner West Coast Reduction,
highlights the company's financial strength and readiness to
execute its growth strategy. Fine's appointment reinforces this
trajectory, combining financial stability with operational
expertise to drive innovation and expansion.
This leadership change underscores Beyond Oil's strategic
alignment between its innovative products and the operational
framework needed to support rapid growth. Fine's proven ability to
navigate challenges and deliver results makes him a key asset in
the company's ongoing evolution.
As Beyond Oil navigates the complexities of international
markets, the integration of Fine's expertise is expected to enhance
the company's ability to address regulatory requirements, adapt to
regional consumer preferences, and optimize its supply chain. With
a clear focus on sustainability and operational efficiency, Beyond
Oil is well-positioned to capitalize on opportunities in the
food-tech industry.
This leadership enhancement reflects Beyond Oil's broader
ambition to redefine operational excellence in the sector while
meeting the growing global demand for healthier and more
sustainable food processing solutions. Fine's role as COO marks a
pivotal moment in the company's journey, as it continues to
innovate and expand its impact on the global stage.
IMPORTANT DISCLAIMERS &
DISCLOSURES: This article is for informational
purposes only and is not intended to serve as financial, investment
or any form of professional advice, recommendation or endorsement.
The article was written in collaboration with Global Markets News
Network, a digital brand commercially operated by awareness and
investor relations services, compensated by the issuer (beyond oil)
to provide coverage of its news and developments, among other
things. Readers are encouraged to read the full disclaimers
and disclosures document that the article is subject to. This
article may include forward looking statements which cannot be
guaranteed as discussed in the above-linked disclaimers.
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SOURCE: Global Markets
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