Novus Foods has announced the appointment of Admir Basic as Chief Executive Officer, effective 1 July 2026. The move marks a leadership transition following a period of sustained growth for the North American chilled snacking platform.
Basic succeeds Tom Davis, who has led the company for eleven years. The appointment follows a succession process overseen by the Novus Foods board and its owner, CapVest Partners. Davis will continue as a shareholder and supporter of the business during the transition period.
Under the leadership of Tom Davis, Novus Foods has expanded from a $200 million heritage business into a $1 billion chilled snacking platform. This growth was achieved through five acquisitions, establishing the company as a provider in the dips, desserts, and yoghurt categories.
The company's strategy and operational leadership team remain unchanged following the transition. CapVest Partners, which maintains a portfolio of companies providing essential goods and services, has supported the firm's growth through a combination of organic development and acquisitions.
"I'm delighted to be joining such a strong and well-respected business," said Basic.
"Novus Foods has an outstanding portfolio, a talented team, and deep, long-standing customer relationships. I look forward to building on the strong foundation Tom has laid, working closely with our customers, our suppliers and our people, and taking the business to the next level."
New Leadership Profile
Admir Basic joins Novus Foods from his previous role as President and Chief Executive Officer of Great Kitchens Food Company. His background includes nearly a decade at ARYZTA, where he held senior commercial and finance positions.
Basic’s experience encompasses scaling food operations and managing customer partnerships. As the company enters its next chapter, Basic is expected to focus on maintaining the company's existing customer relationships and building upon the foundation established during the previous leadership tenure.
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