Alter Eco, and its majority owner NextWorld Evergreen, has named Mary-Ann Somers as independent director of Alter Eco’s Board.
Somers is the first woman to join Alter Eco’s board, bringing over 30 years of consumer products and technology experience, including senior roles in the confectionery, beverage, personal care and direct-to-consumer software industries.
Somers and Alter Eco were introduced through the Women On Boards (WOB) Project, a nonprofit with the mission of empowering women business leaders and improving diversity and inclusion at the board of directors level. Growth equity fund and the majority owner of Alter Eco, NextWorld Evergreen, also helped secure Somers as the board’s newest member. As one of 20 private companies that participated in the inaugural WOB Project cohort, Alter Eco is committed to furthering gender diversity in the boardroom and beyond.
“We met Mary-Ann through mutual connections at WOB Project, and after the first conversation we knew she could bring incredible value to our board,” said Mike Forbes, CEO at Alter Eco. “We’re honored and excited to welcome her and know that her knowledge of the chocolate industry from her time at Hershey will be invaluable to our next phase of strategic growth. She’s also successfully helped mission-driven brands scale through acquisition and has profound digital experience from working at Intuit. She has a rare combination of expertise needed for today’s market, and we feel lucky to welcome her contributions at the highest levels of advisory counsel for our brand.”
Somers led Hershey’s $7 billion U.S. confections business as general manager and vice president, growing iconic brands such as Reese’s and emerging brands such as BarkThins to where they stand today. She also previously led The Coca-Cola Company’s U.S. water, tea and coffee brands as general manager and senior vice president, helping to expand the portfolio to a total of $3.8 billion in retail sales.
Somers has also served as chief growth officer and senior vice president at Intuit for the company’s direct-to-consumer brands, where she was responsible for revenue growth management, strategy, business development, advertising, website and marketing technology. With her years of experience, Somers currently serves as an independent board member and advisor to mid-market companies, helping them expand their business and guide their strategy like she intends to do with Alter Eco.
“I’ve admired the sustainability work Alter Eco has established over the past several years, so when the opportunity to join its board of directors opened up, I was first in line,” Somers said. “Mission-driven brands making a true impact on the planet and for the good of people are the way of the future. With the launch of the Alter Eco Foundation, and the brand’s vision to transform the chocolate supply chain to a regenerative model, it is a thrilling time to jump on board.”
Alter Eco recently launched the Alter Eco Foundation, which works directly with cacao farmers to help them transition to dynamic agroforestry, a method of regenerative agriculture that shows significant potential to reduce greenhouse gas emissions. Somers joins the board as the company expands its efforts to help others adopt regenerative practices and educate consumers about the need for climate mitigation efforts now.
Alter Eco is a sustainability-directed company founded in San Francisco that offers premium, Fair Trade and organic chocolates. The brand takes a full-circle sustainability approach to everything it does, including operations, supply chain and packaging, using Fair Trade sourcing, producing only organic and non-GMO foods, creating minimal waste and in-setting carbon emissions.