Smart for Life CFO Resigns, CEO Takes on Additional Role

On December 9, 2024, Smart for Life, Inc. (NASDAQ: SMFL) saw a change in its executive team as Alan Bergman, the Chief Financial Officer, submitted his resignation. The resignation, effective immediately on the same day, was confirmed in an 8-K filing with the Securities and Exchange Commission.

Bergman’s departure was deemed a personal decision to pursue other opportunities and was not influenced by any conflicts with the company’s operations, policies, or practices. In light of this change, Darren Minton, the current Chief Executive Officer, will be stepping into the role of Chief Financial Officer as well, effective from December 9, 2024.

Smart for Life, operating primarily in the health and wellness industry, is now set to have Minton serving dual roles within the company. This transitional period follows the company’s recent delisting from The Nasdaq Capital Market, with trading of its common stock suspended in September 2024.

As Smart for Life adapts to these changes, investors will be keen to observe how the company navigates this transition and pursues its strategic objectives moving forward.

No financial details or future plans were disclosed alongside the CFO’s resignation in the filing. This significant change in the executive leadership of Smart for Life comes at a time when maintaining stability and focus on the company’s operations will be crucial.

Investors and industry watchers await further developments from Smart for Life as it progresses through this transition period.

The company did not provide any additional information beyond the executive change in the 8-K filing. Smart for Life, currently quoted on the OTC Pink Market under the symbol “SMFL,” will need to address investor and stakeholder inquiries regarding this newly announced change in leadership structure.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Smart for Life’s 8K filing here.

Smart for Life Company Profile

Smart for Life, Inc acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements under the Smart for Life brand; dietary supplements; and nutritional products, including whey protein isolate powder, tablet supplements for joint health, nitric oxide, post workout blends, Omega-3 supplements, and pre-workout supplements under the Sports Illustrated Nutrition brand for athletes and active lifestyle consumers.