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Burcon Announces Change in Chief Financial Officer Position


Burcon NutraScience Corporation Appoints New CFO with Extensive Financial Expertise

Burcon NutraScience Corporation, a global technology leader in plant-based proteins for foods and beverages, has announced the appointment of Mr. Robert Peets as Chief Financial Officer (CFO) effective July 1, 2024. With over 30 years of experience in financial management, strategic planning, and capital markets, Mr. Peets brings a wealth of expertise to the role.

Mr. Peets currently serves as a fractional CFO for multiple technology companies and was previously a Partner in Venture Investments at TELUS Ventures. His extensive background includes managing a $400 million investment portfolio and executing over 50 equity and debt transactions in venture-backed companies.

In a statement, Mr. Peets expressed his excitement to join the Burcon team and drive the company’s financial growth and operational excellence. Burcon’s CEO, Kip Underwood, praised Mr. Peets’ appointment, highlighting his credibility in capital markets and strategic approach.

The outgoing CFO, Ms. Jade Cheng, who has been with Burcon for over two decades, will be stepping down to pursue new opportunities. Ms. Cheng expressed pride in the company’s achievements and wished the team continued success in executing their capital-light business model.

Mr. Peets’ impressive background includes serving as CFO for companies in various sectors, including software, greentech, and manufacturing. He holds an MBA from the Ivey Business School at Western University and is a CFA Charterholder.

Burcon NutraScience Corporation is committed to delivering innovative plant-based protein solutions that are sustainable and better for both consumers and the planet. The company’s extensive patent portfolio covers proteins derived from pea, canola, soy, hemp, and sunflower seeds, among other plant sources.

Investors and industry professionals are encouraged to contact Paul Lam, Director of Investor Relations and Communications at Burcon NutraScience Corporation, for more information. Media inquiries can be directed to Steve Campbell, President of Campbell & Company Public Relations.

Overall, Mr. Peets’ appointment as CFO of Burcon NutraScience Corporation marks an exciting new chapter for the company as it continues to lead the way in plant-based protein innovation.

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