John L. Suprock
About John L. Suprock
John L. Suprock (age 61) is an experienced entrepreneur with mergers and acquisitions and corporate management expertise, holding a B.S. in Business Administration from California State University, Long Beach . He has consented to be named as an independent director of the post-business combination “New CFI” (CN Healthy Food Tech Group Corp.) and is slated to join the board upon consummation of Iron Horse Acquisitions Corp.’s business combination; his consent was executed December 18, 2024 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| High Noon Petroleum | Operations Director | 1998–2001 | Operations leadership |
| Sheehan Majestic | Operations Consultant | 2001–2005 | Led development of trade exhibitions |
| PCS Advisors LLC | Co‑founder (M&A in oil & gas) | Founded 2006 | Focused on mergers and acquisitions in extraction sector |
| Martin, McKeen & Goldfard LLC | Manager (real estate portfolio) | Since 2013 | Portfolio management |
External Roles
| Organization | Role | Status | Notes |
|---|---|---|---|
| PCS Advisors LLC | Co‑founder | Active since 2006 | M&A advisory in oil & gas extraction |
| Martin, McKeen & Goldfard LLC | Manager | Active since 2013 | Real estate portfolio company |
Board Governance
- Expected independence: New CFI designates Suprock as an independent director; New CFI’s board will be single‑class with one‑year terms .
- Committee assignments (post‑combination):
- Audit Committee member (financially literate under Nasdaq); expected committee chair is Jingyu Huang .
- Compensation Committee chair (with Jingyu Huang as member) .
- Not on Nominating & Corporate Governance (members: Lydia Bergamasco, chair; Donghai Li) .
| Committee | Members | Chair | Suprock’s Role |
|---|---|---|---|
| Audit | John L. Suprock; Lydia Bergamasco; Jingyu Huang | Jingyu Huang | Member; financially literate |
| Compensation | John L. Suprock; Jingyu Huang | John L. Suprock | Chair |
| Nominating & Corporate Governance | Donghai Li; Lydia Bergamasco | Lydia Bergamasco | Not a member |
Fixed Compensation
| Director Compensation Component (New CFI) | Status | Notes |
|---|---|---|
| Annual cash retainer | Not determined | Filings state director compensation policy for New CFI is not yet determined |
| Committee membership/ chair fees | Not determined | No amounts disclosed |
| Meeting fees | Not determined | No amounts disclosed |
| Equity grants (RSUs/DSUs) | Not determined | No director grant program disclosed |
| Pre‑combination (CFI) director pay | $0 | CFI does not compensate its directors |
Performance Compensation
| Metric | Weight | Target/Definition | Disclosure Status |
|---|---|---|---|
| Any director performance metrics (TSR, EBITDA, ESG) | — | — | None disclosed for New CFI; CFI directors are unpaid |
Other Directorships & Interlocks
| Company | Role | Public/Private | Overlap/Interlock |
|---|---|---|---|
| None disclosed | — | — | No public company directorships or interlocks disclosed in filings |
Expertise & Qualifications
- M&A and corporate management experience (oil & gas sector; real estate portfolio management) .
- Financial literacy under Nasdaq standards; designated to serve on the Audit Committee .
- Expected independent director status with one‑year board terms under New CFI’s charter .
Equity Ownership
| Category | Shares | % Outstanding | Notes |
|---|---|---|---|
| Total beneficial ownership (Suprock) | Not disclosed | Not disclosed | No ownership table identifying Suprock’s holdings found in provided filings |
| Vested vs. unvested | — | — | Not disclosed |
| Options/rights | — | — | None disclosed |
| Pledged shares | — | — | None disclosed |
Governance Assessment
- Signals supportive of investor confidence:
- Independent status and placement on key oversight committees; chairing Compensation Committee and serving on Audit Committee suggests a focus on pay governance and financial oversight .
- Audit Committee includes a designated “financial expert” (Jingyu Huang), and members are “financially literate,” supporting audit quality .
- Gaps/risks to monitor:
- Director compensation framework for New CFI is not yet determined; clarity on pay structure, equity grants, and ownership alignment will be important post‑closing. Bold RED FLAG: Undetermined director pay policy may delay alignment and benchmarking transparency .
- No disclosure of Suprock’s equity ownership or insider transactions at New CFI; post‑closing beneficial ownership and any hedging/pledging policies should be confirmed to assess alignment .
- Conflicts/related‑party exposure:
- Filings state no family relationships among New CFI directors; no related‑party transactions involving Suprock are disclosed. Independence is affirmed; no interlocks identified. Positive signal: Low apparent conflict risk based on current disclosures .
Context: Suprock’s appointment is contingent on consummation of Iron Horse’s business combination; New CFI plans one‑year director terms and standard committee structure. Compensation for directors is not yet set; CFI historically did not pay directors .