My Food Bag is trading 5% up now at $0.31 after an announcement that chair Tony Carter intends to retire on November 19, 2026.
- Carter will remain chair until his departure.
- Independent director Mark Powell is expected to succeed him, pending shareholder re-election.
- The announcement followed a recent strategic review and arrives ahead of the August 19 annual meeting. No trading volume or explicit investor-reaction data was reported, so the catalyst is likely but not definitively confirmed.