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Odd Burger CFO resigns because of medical issues

Consumer, Market News
TSXV:ODD
05 January 2024 10:36 (EDT)
Odd Burger

(Source: Odd Burger Corp.)

Odd Burger Corp. (TSXV:ODD; OTCQB:ODDAF; FSE:IA9) has announced that Ted Sehl has resigned as the chief financial officer and director of the company effective Jan. 1 for medical reasons.

The company’s news release stated Sehl stepped down because of an unexpected and severe medical event that required surgery and thanked him “for his hard work and dedication and wishes him a speedy recovery.”

“Ted has made a significant contribution to our company, and we will miss him tremendously,” James McInnes, CEO and co-founder of Odd Burger, said in a statement. “Ted created an amazing team and I am confident in their ability to continue operating our financial division without interruption.”

McInnes has been appointed interim CFO, and the board of directors “expects to ‎‎embark on an extensive search for a permanent CFO in due course,” according to the release.

Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods line.

Shares of Odd Burger were up by 3.23 per cent, trading at C$0.16 as of 9:30 am ET.

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