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January 20, 2020

Stryve Foods appoints Jaxie Alt as co-CEO, brings in finance chief

US protein snacks firm Stryve Foods has announced a number of key executive appointments, including a new co-sharing CEO.

By Dean Best

US protein snacks firm Stryve Foods has announced a number of key executive appointments, including the promotion of Jaxie Alt to a shared chief executive role with CEO Gabe Carimi.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

Alt has been at Dallas-based Stryve Foods since March last year, serving as the beef biltong maker’s head of marketing. She previously worked at beverages firm Keurig Dr Pepper. In her new role, Alt will continue to oversee the marketing functions, along with sales and human resources.

Meanwhile, Billie Winkle joins Stryve Foods has chief financial officer, accompanied by Alex Hawkins as the new head of operations.

“I’m thrilled about the team we’ve assembled to help Stryve grow,” said co-CEO Alt. “As consumer interest in healthy eating continues, and awareness and understanding of biltong expands, I believe we now have the leadership team in place to reach our goal to help America snack better.”

CFO Winkle was previously vice president of accounting, tax and treasury at toys business KidKraft, while COO Hawkins was most recently a principal investor at Rosewood Private Investments.

In April last year, Stryve, set up in 2017, revealed it had raised US$16.5m in a Series B investment round.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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