Walter George will serve as board chair, succeeding Charles Norris, who will retire.

The company reported higher losses and net sales gains in the first quarter.

The cat-centric nutrition brand will use the funds to enter in-store retail and expand its product offerings.

With its new Texas facility up and running, the company plans to fuel continued growth through media, innovation and retail expansions.

The company detailed its third quarter earnings and recent leadership appointments on Nov. 1.

According to data from Packaged Facts, fresh diets and science-based formulas are driving significant growth for the industry.

KatKin offers freshly cooked and frozen, premium cat food, treats and toppers.

New formats, novel ingredients and functionality continue to steer innovation in the pet nutrition market.

The company shared data during Global Pet Expo, revealing trends in pet health and wellness, in-store purchasing and omnimarket growth.

Despite reporting significant net losses in 2021, the fresh pet food company is looking ahead with calculated optimism.