Food Culture Inc. Appoints New Board Members and VP of Investor Relations
Toronto, ON / ACCESS Newswire / September 2, 2026 — Food Culture Inc. (OTCID: FCUL) has announced the appointments of Alena Ivanova and Efraim Babayov as independent directors and Timofey Katerinko as Vice President, Investor Relations.
These appointments enhance the Company’s governance and financial reporting framework, which was outlined on August 27, 2026. Ivanova and Babayov bring significant experience in accounting, finance, and public company operations, reinforcing the board’s strategic objectives.
Background on New Appointees:
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Alena Ivanova holds an Honours Bachelor of Administrative Studies from York University, specializing in accounting, and has 15 years of experience in accounting and bookkeeping. She also works in real estate, which adds to her regulatory and negotiation skills.
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Efraim Babayov has a degree in Business Management and Marketing and extensive experience in the gemstone and diamond industries. His roles include Factory Manager at G.L.D. Diamonds and CEO of Wee-Cig International Corporation, providing him with profound knowledge in public company obligations and supply-chain management.
Role of Timofey Katerinko:
Katerinko, working professionally as Tim Chupinin, has over seven years of experience in brand and communications strategy. In his role as VP of Investor Relations, he will facilitate shareholder communications and craft investor presentations, enhancing the Company’s market presence.
Strategic Developments:
The board plans to establish an audit committee following these appointments, aiming for improved oversight and transparency in financial reporting. The Company intends to hire an independent public accounting firm to start the audit process for its financial statements.
Food Culture Inc. focuses on developing premium spirits under an asset-light business model, allowing for flexible product offerings tailored to specific consumer needs. The Company recently launched Stadium™ premium vodka.
For more information, please visit the company’s website.
Forward-Looking Statements:
This press release contains forward-looking statements regarding the company’s audit committee establishment and future market tier applications, which carry inherent risks and uncertainties.
SOURCE: Food Culture, Inc.
