NEW TECH FOODS

Cellular agriculture platform Cult Food Science has appointed Mitchell Scott as chief executive officer, effective from 1 November 2023.

The appointment of Scott is facilitated by the resignation of Cult's previous CEO, Lejjy Gafour. Scott is an entrepreneur and “advocate for sustainable food solutions”. He has an eight-year tenure in the plant-based and cultivated food sectors, bringing a blend of experience and a proven track record of scaling consumer-facing brands to his new role at Cult.

Scott co-founded plant-based butchery The Very Good Butchers and oversaw its journey from a farmer's market stall to the top-performing IPO globally of 2020, where at its peak, it achieved a market cap of almost $1 billion. During his time at The Very Good Butchers, the company established a retail presence in more than 4000 retailers across North America and launched the products into the UK, laying the groundwork for a European expansion. He raised more than CAD 60 million (approx. $44 million) for the company which helped fuel its growth and expansion.

New CEO Scott said: "I am honoured and excited to be joining the incredible team at Cult Food Science as the new CEO. Our mission is clear: to revolutionise the world of food through innovation, sustainability and flavour. I firmly believe that by harnessing the power of science, technology and our collective passion, we can create a healthier, more sustainable and truly delicious future for all.”

He continued: “I look forward to working closely with our dedicated employees, partners, and stakeholders to drive positive change, foster innovation and bring our visionary concepts to the plates and bowls of people and animals around the globe. Together, we will explore new frontiers in food science, and I'm committed to leading Cult Food Science into a future where food is not just a necessity but a delightful, sustainable and transformative experience for all."

Cult has thanked Gafour for his dedication and contributions to the company over the past two years and wishes him well in his future endeavours.

#CultFoodScience #US