Food and beverage vet to lead Boulder’s Good Karma Foods

Funviralpark 2 years ago 0 2

Mike Murray, a longtime leader of consumer goods companies in the food and beverage sector, has been hired as CEO of Boulder-based plant-based milk producer Good Karma.

Most recently, he held the same position at Teton Waters Ranch, a Denver-based distributor of beef and sausage products.

“I look forward to the team leveraging my experience and passion to inspire change in food systems to bring Good Karma’s portfolio of delicious, sustainable, plant-based solutions to more homes. “Building on Good Karma’s strong equity, our team has a compelling opportunity to deliver a range of solutions that help people do good with their consumption choices every day.”

Murray’s hiring comes at a time when GKF is poised to complete a funding round that will “enable the company to expand distribution, increase velocity and actively engage with consumers,” according to Good Karma. said Mr.

The round was led by Valor Siren Ventures and Loft Growth Partners.

“Families continue to flock to plant-based categories and segments, even in light of inflationary pressures, demonstrating Good Karma’s unique value proposition – combining the very best of plants to provide unparalleled nutrition like no other. continues to show exciting promise,” said GKF Board Chairman Brian King in a statement. “With our investors renewing their partnership with Good Karma and Mike joining the team, we are all excited to see the brand achieve its leadership position in a variety of growing plant-based categories. I am doing it.”

Specific terms of the fundraiser were not disclosed.

“As a privately held company, Good Karma will not share specific terms of the new round. is,” Murray told BizWest in an email. “This fresh infusion will allow our team to gain new distribution, accelerate innovation and further connect with consumers.”

This article was first published by BizWest, an independent news organization, and is published under license. © 2022 BizWest Media LLC.

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