Noosa Chocolate Factory has appointed Marcus Raward as its new CEO, as the company prepares to enter its next phase of growth.
The Queensland-based company has been making its chocolate treats since 2009, specialising in panning (chocolate coating) using a custom blend of high percentage cocoa dark chocolate.
Raward brings a strong commercial and financial background to the role, with experience in guiding businesses through growth, market change and operational evolution.
The appointment follows a period of industry-wide challenges, including significant volatility in global cocoa prices. While these pressures have affected chocolate manufacturers globally, Raward said the market is beginning to stabilise.
“Cocoa prices have been a real challenge across the sector, but we are now seeing signs of plateauing,” he said.
“At the same time, consumer demand for quality chocolate remains strong, which presents a real opportunity for a brand like Noosa Chocolate Factory.
“My focus is on celebrating the brands’ roots, shining a light on what makes our products different from other chocolate and confectionery brands whilst moving the business forward into an even stronger commercial position,” said Raward.
Noosa Chocolate Factory continues to grow as it enters its 17th year of operations, with retail locations at its Noosaville factory, Brisbane Arcade, Sunshine Plaza, and Westfield Chermside.
