
Formic Strengthens Leadership Team with Key Hires Amid Growth
Key Highlights:
- Joel Onyshuk joins as VP of Sales, bringing expertise from growing Redzone to $100M ARR and scaling sales teams in the food and beverage sector.
 - Todd Plotner is named General Counsel, leveraging 25 years of experience in structured finance and equipment leasing.
 - Formic closed a $27.4M Series A round in June, fueling business expansion and innovation.
 - Launch of the partner program enables distributors and industry leaders to offer Full Service Automation to customers.
 
Source: Business Wire
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