Elaine Paik has been appointed as Chief Financial Officer, Emma Hutchens as Chief People Officer, and Alexis Regan as Senior Vice President of Sales. The company sees these strategic hires as significant assets for the plant-based category during a decisive year.
Elaine Paik, a seasoned finance executive, will lead multiple aspects of the company’s finance organization, including financial planning and analysis, investor relations, controllership, tax, treasury, and mergers and acquisitions. With 25 years of experience in the consumer products industry, Paik has an established track record, having previously worked at the Colgate-Palmolive Company and served as Global Treasurer.
Emma Hutchens, a seasoned HR leader, is scheduled to assume the role of Chief People Officer at Impossible Foods starting February 5. In this position, she will oversee all aspects of people operations, including talent acquisition, diversity, equity and inclusion, and talent development. Hutchens boasts over a decade of leadership experience in the beverage industry, including nearly four years as Chief Human Resources Officer at Heaven Hill Brands and two years as the Chief People Officer at Stoli Group International.
CEO of Impossible Foods, Peter McGuinness, expressed confidence in the new appointments, stating, “Elaine and Emma are experienced, results-driven leaders who know what it takes to bring a company to the next level. They have invaluable expertise in growing a best-in-class organization and also understand and appreciate our mission-driven approach to success.”
This week, Impossible also welcomed new Senior Vice President of Sales, Alexis Regan, to lead the company’s sales organization as it seeks to expand distribution across new and existing customers. This strategic move comes exactly a year after Impossible Foods reported plans to reduce its workforce by one-fifth as part of a broader initiative to realign budgets to support future growth, with a focus on new advertising and marketing campaigns. These included a one-inch ad in the NY Times and two US national ad campaigns in the summer.
