Forbidden Foods Management

Management criteria checks 0/4

Forbidden Foods' CEO is Alex Aleksic, appointed in Jul 2023, has a tenure of less than a year. directly owns 5.21% of the company’s shares, worth A$165.63K. The average tenure of the management team and the board of directors is 0.8 years and 0.6 years respectively.

Key information

Alex Aleksic

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	5.2%
Management average tenure	less than a year
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Alex Aleksic

less than a year

Tenure

Mr. Alex Aleksic BBus, MBA, CPA serves as Managing Director and Chief Executive Officer of Forbidden Foods Limited since July 1, 2023 & serves as Director of Forbidden Foods Limited since July 1, 2023. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marcus Brown	Co-Founder & Director	no data	AU$242.16k	6.64% A$ 211.1k
Jarrod Milani	Co-Founder & Director	no data	AU$214.19k	4.6% A$ 146.3k
Alex Aleksic	MD, CEO & Director	less than a year	no data	5.21% A$ 165.6k
Michael Ryan	Chief Financial Officer	less than a year	no data	no data
Lucy Rowe	Company Secretary	1.9yrs	no data	no data

0.8yrs

Average Tenure

Experienced Management: FFF's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Marcus Brown	Co-Founder & Director	no data	AU$242.16k	6.64% A$ 211.1k
Jarrod Milani	Co-Founder & Director	no data	AU$214.19k	4.6% A$ 146.3k
Alex Aleksic	MD, CEO & Director	less than a year	no data	5.21% A$ 165.6k
Albert Saychuan Cheok	Non-Executive Chairman	less than a year	no data	no data
Nathan Quailey	Non-Executive Director	less than a year	no data	no data
Katie Eshuys	Independent Non-Executive Director	1.8yrs	no data	0.22% A$ 7.0k

0.6yrs

Average Tenure

Experienced Board: FFF's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.

Forbidden Foods Management

Management criteria checks 0/4

Key information

Recent management updates

Forbidden Foods Limited Appoints Michael Ryan as Chief Financial Officer

Forbidden Foods Limited Announces Strategic Board Changes

Forbidden Foods Limited, Annual General Meeting, Nov 29, 2023

Forbidden Foods Limited Announces Appointment of Alex Aleksic as Director

Forbidden Foods Limited Appoints Alex Aleksic as Chief Executive Officer, Effective 1 July 2023

Less than half of directors are independent

Recent updates

Forbidden Foods Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.

New major risk - Share price stability

Forbidden Foods Limited Appoints Michael Ryan as Chief Financial Officer

Forbidden Foods Limited Announces Strategic Board Changes

Forbidden Foods Limited, Annual General Meeting, Nov 29, 2023

Full year 2023 earnings released: AU$0.047 loss per share (vs AU$0.038 loss in FY 2022)

Full year 2023 earnings released: AU$0.052 loss per share (vs AU$0.038 loss in FY 2022)

New minor risk - Financial data availability

New major risk - Shareholder dilution

Forbidden Foods Limited Announces Appointment of Alex Aleksic as Director

Forbidden Foods Limited Appoints Alex Aleksic as Chief Executive Officer, Effective 1 July 2023

Less than half of directors are independent

Co-Founder recently bought AU$51k worth of stock

Forbidden Foods Limited Announces Board Changes

First half 2023 earnings released: AU$0.021 loss per share (vs AU$0.021 loss in 1H 2022)

Forbidden Foods Ltd Announces the Resignation of Justin O'Sullivan as Non-Executive Director, Effective 27 January 2023

Forbidden Foods Limited Announces Resignation of Jade McGillivray as Joint Company Secretary

Forbidden Foods Limited, Annual General Meeting, Nov 29, 2022

Forbidden Foods Limited Announces Blue Dinosaur Secures Major Ranging and Completes First Production in United States

Full year 2022 earnings released: AU$0.038 loss per share (vs AU$0.051 loss in FY 2021)

High number of new directors

Forbidden Foods Limited Announces Board Changes

Forbidden Foods Limited Appoints Lucy Rowe of Automic Group as Joint Company Secretary

Forbidden Foods Limited Launches Innovative Range of Plant Based Meats

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Forbidden Foods Limited Announces Executive Changes

Full year 2021 earnings released: AU$0.051 loss per share (vs AU$0.14 loss in FY 2020)

Forbidden Foods Limited announced that it expects to receive AUD 5.5 million in funding

Full year 2021 earnings released: AU$0.051 loss per share (vs AU$0.14 loss in FY 2020)

Forbidden Foods Limited Announces Launch of a New Product Range of Plant-Based Edible Oils

New 90-day low: AU$0.21

New 90-day low: AU$0.27

Forbidden Foods Limited Announces Appointment of Sam Fraser as Chief Financial Officer, Effective 1 October 2020

Forbidden Foods Limited Auditor Raises 'Going Concern' Doubt

Forbidden Foods Pty Ltd acquired Funch from Lisa and Tanya.

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure