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Beyond Oil President North America Michael Nemirow on Healthier Oil: ICR Conference 2026
Yahoo Finance· 2026-01-16 19:41
Company Overview - Beyond Oil Ltd. (TOR: BOIL.TO) is a food-tech innovation company focused on creating solutions that mitigate health risks, reduce costs for food service companies, and improve sustainability [3] - The company's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [3] Industry Context - The company addresses a critical issue in the food industry related to the widespread practice of reusing frying oil for multiple cycles, which is common in various food service settings such as restaurants, hotels, and schools [3] - Beyond Oil's solution aims to tackle health risks associated with reused oil, which have been linked to serious health concerns including cancer and cardiovascular diseases [3] Leadership and Strategy - Michael Nemirow, who became President of North America for Beyond Oil in September 2025, has extensive experience in scaling businesses across various sectors, including foodservice [2] - His previous role as CEO of Greenstar Plant Products involved transforming the company and positioning it as a globally recognized manufacturer before its sale in 2021 [2] - Nemirow's leadership is expected to drive innovation and operational excellence, advancing Beyond Oil's mission to transform the foodservice industry [2]