NEW TECH FOODS

British cultured meat firm Ivy Farm Technologies has announced that its chief executive Richard Dillon will step down after more than three years as the firm’s CEO.

Dillon will transition to the role of non-executive director on the company’s board.

Harsh Amin, currently serving as Ivy Farm’s chief scientific officer, will assume the role of interim CEO.

Former CEO Rich Dillon

Interim CEO Harsh Amin

Former CEO Rich Dillon and new interim chief executive Harsh Amin (L-R)

During his tenure, Dillon has been instrumental in driving significant technological advancements, developing a robust IP portfolio, managing critical regulatory submissions and building out the firm’s scientific, engineering and commercial team in Oxford, UK.

Under Amin’s leadership, Ivy Farm Technologies will prioritise becoming the lowest-cost producer of quality cultivated meat, boosting its technology efforts and leaning into its scientific industry leadership.

Through this approach, Ivy Farm aims to accelerate progress towards being the first UK company to achieve regulated and commercial sales of cultivated meat for human consumption.

Alasdair Russell, chairman of Ivy Farm Technologies, said: “We are deeply grateful for Dillon's outstanding leadership and are delighted that he has accepted the non-executive director role on the board, ensuring his continued close involvement. We are equally excited to welcome Amin into his new role as Interim CEO. His deep technology expertise stands him in perfect stead to navigate the company’s next phase of growth and development.”

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