OMG Group reshapes board to drive next phase of growth

Forbidden Foods Ltd ( (AU:OMG) ) has provided an announcement.

OMG Group has reshaped its board, appointing Oat Milk Goodness founder and star cricketer Steve Smith as a non‑executive director and major shareholder representative, while elevating Tim Freeburn to executive chairman. The company says Smith’s global sporting profile and Freeburn’s FMCG track record will be leveraged to accelerate brand distribution, support new category expansion and M&A, and position OMG to capitalise on a growing pipeline of strategic growth opportunities for shareholders.

Smith, who owns about 9.6% of OMG, is expected to open doors across sport, media, retail and consumer markets, reinforcing alignment between the board and investors. Freeburn, co‑founder of Sesión Tequila, brings deep experience in building premium brands and navigating growth‑stage businesses, with the revamped board touted as strengthening OMG’s execution capability and its push into additional channels and verticals.

The most recent analyst rating on (AU:OMG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Forbidden Foods Ltd stock, see the AU:OMG Stock Forecast page.

More about Forbidden Foods Ltd

OMG Group Ltd is an Australian fast‑moving consumer goods company listed on the ASX that focuses on premium food and beverage brands, including its core Oat Milk Goodness plant‑based dairy alternative. The group targets both domestic and international retail and grocery channels, seeking to scale branded consumer products through expanded distribution and strategic partnerships.

Average Trading Volume: 5,271,158

Technical Sentiment Signal: Sell

Current Market Cap: A$7.57M

For detailed information about OMG stock, go to TipRanks’ Stock Analysis page.