The Jerusalem PostEconomy
Israeli Firm Beyond Oil Taps Joe Colligan as US CEO for Expansion
Summarized from The Jerusalem Post by baba
Center-rightNeutral tone
Israeli food tech company Beyond Oil appointed Joe Colligan as CEO of its US subsidiary in late October to drive expansion in the American foodservice market. Colligan, formerly of McCain Foods and OSI Group, will focus on large foodservice and retail operators. Beyond Oil's technology aims to reduce health risks and waste associated with frying oil. The company's stock rose 21% in the month before the announcement.
The story in 5 lines · by baba
- Joe Colligan, formerly of McCain Foods, appointed US CEO of Israeli firm Beyond Oil.
- Beyond Oil USA will focus on expanding into large foodservice and retail markets.
- Colligan brings over 30 years of leadership experience in the global food industry.
- Beyond Oil develops technology to improve frying oil safety, quality, and sustainability.
- The company's shares increased 21% in the month prior to the appointment.
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