URBAN BARNS FOODS INC. FILES (8-K) Disclosing Change in Directors or Principal Officers
(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain
Officers and Directors
On February 7th 2014, the Board of Directors of Urban Barns Foods Inc. (the
"Company") accepted the resignation of Ned Goodman as a member of the Board of
Directors. The Board of Directors accepted the consent from Jeremy Kendall to
act as member of the Board of Directors effective February 7, 2014. Mr.
Goodman's resignation did not result from any disagreement with the Company or
Thus, as of the date of this Current Report, the members of the Board of
Directors consist of the following: (i) Horst Hueniken; (ii) Richard Groome;
(iii) Robyn Jackson; and (iv) Jeremy Kendall.
Jeremy Kendall is currently Chairman of the Board of SunOpta Inc (TSX:SOY) and
Opta Minerals Inc. (TSX:OPM). In addition, Mr. Kendall serves on the Board of
Directors of Mascoma Corporation, a renewable fuels company in which SunOpta has
a 18.65% ownership position. Mr. Kendall also serves on the Board of Asia
Bio-Chem Group Corp. (TSX: ABC), a major starch manufacturer in China, and is
Chairman of Jemtec Inc., listed on the TSXV. He is also a Director of a number
of private and charitable organizations. He was Chairman of the College of
Naturopathic Medicine for five years from 1993 to 1997.
Mr. Kendall has a BA in Economics (1962) and an MBA (1964) from the University
of Western Ontario.
Having served as a Director of Stake Technology since 1978, in 1983, Mr. Kendall
became Chairman and CEO of Stake Technology. After restructuring the company's
finances and implementing a worldwide license agreement with France's largest
engineering company, he led the development and sale of its equipment and
technology in France, Canada, Finland and China. In 2005, Stake Technology had
an opportunity to purchase the core assets of an industrial minerals business,
located in Ontario, doing approximately $8.0 million in revenues. Since this
acquisition the company is now known as Opta Minerals and has grown to $160
million and been listed on the TSX.
In 2009, Stake Technology purchased an agricultural business, known as Sunrich,
sourcing and processing organic grains, in particular soybeans. Shortly
thereafter, Stake Technology changed its name to SunOpta Inc. Mr. Kendall then
led an active program of acquisitions in the organic and healthy product markets
acquiring some 40 companies over the next 10 years and building SunOpta into an
integrated billion dollar revenue Company and one of the largest companies in
the world in these markets. Today, the company has operations throughout the US,
Holland, Bulgaria, China, South Africa and Ethiopia.
In 2007, he resigned as CEO but remains as Board Chair of SunOpta and Opta
Minerals. As CEO of SunOpta, he was responsible for developing the strategic
direction of the Company managing and financing the Company's operations
internal growth projects and acquisition program. He developed a base of
approximately 10,000 shareholders and built strong banking relationships for the
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