SunOpta, a manufacturer of private label plant-based food and beverages, has announced the impending departure of one of its directors.
Ken Kempf, a senior analyst at Engaged Capital, LLC, will step down from SunOpta’s board of directors on Dec. 30. Kempf joined the board in June 2020, and also served as a member of the manufacturer’s audit committee and compensation committee.
"We thank Ken for his service to the company and wish him success in his future endeavors,” said SunOpta Board Chair Dean Hollis. “Engaged Capital has been an appreciated and committed investor for SunOpta and with its support for the past 6 years we have been able to position this business for a bright future."
“SunOpta has been a terrific investment for Engaged Capital,” said Engaged Capital Founder and CEO Glenn Welling. “We are proud to have played a role in the company’s evolution, including Ken’s participation as a member of the board. We remain a significant shareholder and we are confident the business is well-positioned to continue to create shareholder value.”
SunOpta manufactures natural, organic and specialty products, including its own brands: SOWN, Dream, West Life and Sunrise Growers.