NEWPORT BEACH, CALIF. — Elizabeth Stephenson has been named chief executive officer of SYSTM Foods. Stephenson succeeds Andy Fathollahi, who will continue to support the company as a member of its board of directors, according to the company.
As CEO for the “better-for-you” beverage brand platform that manufactures “better-for-you” beverages, Stephenson will accelerate growth, expand the company’s platform reach and drive continued product innovation.
Stephenson most recently was CEO of Intelligent Brands. Earlier, she held multiple leadership roles at The Wonderful Co., including president of Fiji Water and POM Wonderful. She also was chief strategy officer for the company.
“Elizabeth’s proven success with building and scaling purpose-driven brands deeply resonates with our mission at SYSTM Foods,” said Mark Rampolla, co-founder and managing partner of GroundForce Capital. “She brings a unique combination of strategic vision, leadership, and operational rigor that we are confident will take this platform to the next level.”
Fathollahi became CEO of REBBL and Chameleon when SYSTM Foods acquired the companies in June 2022 in addition to his role of SYSTM Foods’ CEO, according to SYSTM Foods
Prior to joining SYSTM, Fathollahi was CEO at Ozobot and previously the founder and CEO of The Kanvas Co.
SYSTM Foods is a privately held functional beverage brand platform that acquires and operates beverage brands geared toward “better-for-you” organic and functional products.
The company owns such beverage brands as Chameleon Organic Coffee and Humm Kombucha.