RICHMOND, VA. — Michael Todd has been tapped to lead Nutriati, Inc., the developer of an ingredient line sourced from chickpeas and sold under the Artesa brand. Prior to joining Nutriati, Mr. Todd worked in executive roles with SunOpta Inc. and the Archer Daniels Midland Co.
Mr. Todd will replace Richard Kelly, co-founder of the company and current c.e.o. Mr. Kelly will remain with the company through the end of 2018 and then transition into an advisory role with the company.
“We have achieved key milestones, including the establishment of our sourcing and manufacturing base, raising $15 million in capital, building and staffing a culinary center for food development work, and the successful commercial launch of two market-leading ingredients in the plant-based foods space — Artesa Chickpea Protein and Artesa Chickpea Flour earlier this year,” Mr. Kelly said. “It is exciting to have reached the revenue generation stage and especially to have the support of committed investors for the on-going growth of our business.
“As we continue to build the business, we have decided that is the right time to bring in my successor as c.e.o. Michael Todd is an excellent fit for Nutriati with his extensive experience leading companies in food ingredients and demonstrated leadership skills in building revenue and profitability.”
While at SunOpta, Mr. Todd was responsible for the company’s sunflower, soybean and ingredients businesses and their six manufacturing plants in the Midwest. He also helped expand SunOpta’s portfolio of consumer plant-based snacks and developed conventional and organic supply chains for the company. Prior to working at SunOpta, Mr. Todd spent five years at the Archer Daniels Midland Co. in a range of sourcing and business development positions.