Innovative Food Holdings Brings Gary Schubert from Walmart to Assume the Role of CFO

Innovative Food Holdings has appointed Gary Schubert, a seasoned Walmart veteran, as its Chief Financial Officer. The transition to his new role was effective as of Monday, as highlighted in a press release. Richard Tang, the previous CFO of Innovative Food Holdings, who joined the company in December 2020, will continue supporting the transition until the end of January, according to the recent release.

The company expressed gratitude for Tang’s significant contributions, acknowledging his role in steering the company back to profitability post-COVID, restructuring company debt, enhancing net working capital, and fortifying the accounting team to meet SEC deadlines.

Bill Bennett, speaking on behalf of Innovative Food Holdings, expressed confidence in Schubert’s extensive expertise in shaping profitable strategies within large-scale, multi-billion-dollar companies. Bennett emphasized the anticipated impact on the company’s financial proficiency, governance, and operational management during the forthcoming phase of their strategic plan.

Schubert, with a notable career in corporate finance, spent three years at Tyson Foods and a significant decade and a half at Walmart, as outlined on his LinkedIn profile.

Prior to joining Innovative Food, Schubert held the role of senior director of finance and transformation strategy at Walmart for two years. His tenure at the retail giant involved various senior positions, including operations finance, strategy, and merchandise strategy for food. At Tyson Foods, he served as a senior financial analyst.

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