08:11 AM EDT, 08/15/2024 (MT Newswires) -- Maple Leaf Foods ( MLFNF ) said Thursday that it appointed Deepak Bhandari as CFO for the company's pork business, effective in September.

The company said its business will be spun off as an independent, publicly traded company in 2025.

Bhandari had a 13-year career at Maple Leaf and is rejoining the group after most recently serving as senior vice president of strategy and corporate at High Liner Foods ( HLNFF ) .

"Having previously been part of the Maple Leaf Foods ( MLFNF ) organization, Deepak has a thorough understanding of our pork operations and the landscape of the business," said Dennis Organ, president of Maple Leaf Foods' ( MLFNF ) Pork Complex and incoming CEO of the new pork company. "We look forward to his financial leadership and expertise as we complete the work to execute the spin transaction and embark on the next step in our journey as an independent company."