Laird Superfood, Inc. Announces Retirement of Luan Pham, Chief Marketing and Revenue Officer
January 04, 2021 at 09:16 pm
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Laird Superfood, Inc. previously reported in its Prospectus on 424(b)(4) dated September 22, 2020 that Luan Pham, Chief Marketing and Revenue Officer, would be retiring on December 31, 2020, and that he qualified for certain benefits by reason of a departure due to retirement. Mr. Pham retired from the Company on such date, executed a separation agreement and general release of claims (the Separation Agreement), and thereby became entitled to have the term of certain stock options extended for five (5) years from the date of
separation, notwithstanding his departure.
Laird Superfood, Inc. and its subsidiary, Picky Bars, LLC is a consumer products platform company. The Company is focused on manufacturing and marketing plant-based and functional foods. It creates plant-based superfood products that are both delicious and functional. The Companyâs core Laird Superfood platform includes Creamer coffee creamers, Hydrate hydration products and beverage enhancing supplements, harvest snacks and other food items, and functional roasted and instant coffees, teas, and hot chocolate. Coffee creamers include sales of powdered and liquid coffee creamers. Hydration and beverage enhancing supplements include sales of Hydrate coconut waters, Activate and Renew supplement lines, and mushroom botanical blends. Harvest snacks and other food items include ready to eat food offerings as well as baking and pancake mixes. Coffee, tea, and hot chocolate products include traditional and functional ground and whole bean coffee, and hot chocolate with functional mushroom.