Under Davis's leadership, Novus has grown from a $200 million business into a $1 billion chilled snacking platform through five acquisitions. The company's strategy and day-to-day leadership team remain unchanged through the handover.

"I'm enormously proud of what this company and its people have built over the past 11 years. We've created something truly special — an incredible team, a value-driven culture and a business positioned to keep winning,” Davis says. “I'm confident that now is the right time to pass the baton. Admir is the right leader to take Novus into its next chapter, and I'm excited to support him through a smooth transition. I'll remain a material shareholder and a committed supporter of the team through the handover and beyond."

Basic joins Novus Foods from Great Kitchens Food Company, where he served as president and CEO. Earlier in his career, he spent close to a decade at ARYZTA in senior commercial and finance roles, building a strong track record of growth, operational improvement and customer partnership across the food industry. He already knows many of Novus Foods' customers and suppliers personally.

"I'm delighted to be joining such a strong and well-respected business," Basic says. "Novus Foods has an outstanding portfolio, a talented team, and deep, long-standing customer relationships. I look forward to building on the strong foundation Tom has laid, working closely with our customers, our suppliers and our people, and taking the business to the next level."

Novus Foods was formed in 2025 when Lakeview Farms, a portfolio company of CapVest Partners, merged with noosa Holdings, Inc.