MycoTechnology appoints new CEO

MycoTechnology announced in late November that is has appointed Michael Leonard as its new chief executive officer. Simultaneously, Alan Hahn, the esteemed co-founder and former CEO, will take on the pivotal role of executive chairman, marking a new chapter in the company’s continued growth and global expansion.

MycoTechnology’s investment in leadership, including their recently appointed CTO, Ranjan Patnaik, and CFO, will prepare the company as it continues to build on its next-generation innovations, including the recently announced discovery of Honey Truffle Sweetener  and Vital Foods, their joint venture in Oman focused on producing a novel whole food ingredient in the region. With a proven track record of success, this elevated leadership team has the expertise required to drive significant growth of existing products and new platforms, while leveraging the company’s powerful mycelial fermentation platform for ongoing innovation.

Leonard joins MycoTechnology from Motif FoodWorks, where he led the development and commercialization of a ground-breaking portfolio of plant-based flavour and texture ingredients as CEO since 2022, and as CTO from 2019-2022. Previously, he held senior leadership roles at Kraft Heinz and PepsiCo in both Asia and the US, where he and his teams launched hundreds of products across the snacks, ready meals, beverage, and nutrition categories. With a Ph.D. in Polymer Science & Engineering from the University of Massachusetts, Amherst, and an MBA from the MIT Sloan School of Manage-ment, Leonard has also held progressive roles in process and product development, platform leadership, business develop-ment, and strategy at International Flavors & Fragrances and DuPont Nutrition & Health.

Hahn’s leadership has been the driving force behind MycoTechnology’s journey from start-up to established leader in the food technology industry. His commitment and expertise have been integral to the company’s achievements, including the development of its innovative ingredient solutions, building of international partnerships, and
significant strides in fungi-based technology.