Navigation Links
Nellson Nutraceutical Names New Directors and Interim Chief Executive Officer
Date:3/12/2008

Board comprising food industry veterans sets its sights on renewed growth

IRWINDALE, Calif., March 12 /PRNewswire/ -- Nellson Nutraceutical, LLC ("Nellson"), a manufacturer of nutritional products including diet bars and powdered mixes, today announced the appointment of three new directors with significant experience in the food and consumer products sectors: Allan Lutz, Scott Meader and Hugh Rovit. Mr. Lutz also was named interim Chief Executive Officer of the company.

Mr. Lutz has more than 25 years of food-industry management experience. Prior to joining Nellson, he was President and Chief Operating Officer for the foodservice division of ConAgra Foods, where he had responsibility for the unit's $3.6 billion portfolio of branded and customized food products.

"Allan's appointment as a director further strengthens the Board's experience in the food industry, and his operational experience and proven leadership ability make him an excellent choice to lead the company now," said Scott Meader, Chairman of the Board of Directors for Nellson. "The demand for nutritional products continues to grow, and Allan's insight and knowledge will be extremely valuable as we strengthen and expand Nellson's market position."

"I am very pleased to be joining Nellson Nutraceuticals," said Mr. Lutz. "The company has many competitive strengths, and I am looking forward to working with the executive team and my fellow board members to grow the business."

Mr. Lutz previously had led the foodservice business for ConAgra. Prior to joining ConAgra, Mr. Lutz was president of the foodservice unit of Nestle USA. In this role, he had responsibility for the entire foodservices business including the Nestle, Carnation and Stouffers brands. Mr. Lutz began his career with The Carnation Company in Boston. He is a graduate of Stonehill College in North Easton, Massachusetts.

Mr. Meader served as president and CEO of Milnot Holding Corporation, a $220 million food company, until its successful sale last year and has more than 20 years of experience in the food industry. Mr. Rovit served as Chairman of the Board of Atkins Nutritionals, Inc. after its emergence from bankruptcy in January 2006. He currently is the CEO of Sure Fit Inc. a marketer and distributor of furniture covers and other home furnishings sold through retailers, internet companies and its own website and catalogue operations.

"Nellson is setting the stage for renewed growth," Mr. Meader continued. "The company has an excellent reputation for quality, customer service and experience in its markets. And with the completion of its financial restructuring last year, it has a solid financial position and a strong group of shareholders, led by Goldman Sachs, Barclays, Citigroup and GE Capital, who are committed to its success."

Mr. Lutz replaces Jeffrey B. Dias, who had served as chief executive officer of Nellson since January 2005. The Board has retained Spencer Stuart, a nationally recognized executive-recruiting firm to lead the search for a permanent chief executive.

"On behalf of the Board of Directors and our entire organization, I'd like to thank Jeff for his tireless efforts and commitment to the company," Mr. Meader added. "We wish him every success in his future endeavors."

About Nellson Nutraceutical, LLC

Nellson Nutraceutical, headquartered in Irwindale, California, is a leading formulator and manufacturer of functional bars and powders designed to deliver customized nutrition to serve specific purposes such as diet/weight loss, energy/sports, bodybuilding, and wellness/medical. Nellson is a partner to many of the foremost marketers of these products.

For information contact:

Gavin Anderson & Company

Richard A. Mahony

212-515-1960

rmahony@gavinanderson.com


'/>"/>
SOURCE Nellson Nutraceutical, LLC
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. New Nutraceutical That Stabilizes Blood Sugar Naturally is Introduced
2. New Nutraceutical Supplement Provides Simplified Approach to Diabetes Management Programs
3. Nutraceutical Reports 2007 Fiscal Year End Results
4. NutraCea Forms Joint Ventures With HerbalScience to Develop Nutraceutical Extracts and Pharmaceutical Chemistries From Stabilized Rice Bran
5. Neurochem appoints Mr. Gary Schmid as CEO of new nutraceutical business
6. Nutraceutical Reports Fiscal 2008 Q1 Results
7. ResMed Names Kieran Gallahue as Chief Executive Officer, Effective January 1, 2008.
8. Mediware Names Thomas K. Mann Chief Executive Officer
9. Cleveland-based Health Care Tech Company Within3 Names New CEO
10. STERIS Corporation Board of Directors Names Walter M. Rosebrough Jr. President and Chief Executive Officer
11. Patient Safety Authority Board of Directors Names Infection Advisory Panel
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2017)... ... ... Lowe is a popular actor that has been in many different movies and television ... host of the “Informed” series. The program focuses on many important issues that society ... thyroid cancer. , Although thyroid cancer is an uncommon type of cancer, people still ...
(Date:4/27/2017)... ... 2017 , ... The Incentive Research Foundation is pleased to ... a groundbreaking analysis of how behavioral economics can be applied to the incentive, ... programs, the report highlights proven behavioral economics approaches and the powerful role emotions ...
(Date:4/27/2017)... ... April 27, 2017 , ... ... North American CAREGiverSM of the Year for her extraordinary compassion and lifelong dedication ... 60,000 North American professional caregivers for the prestigious award each year – identifying ...
(Date:4/27/2017)... ... April 27, 2017 , ... Are you investing in the safety of your ... drownings during the summer. While most of us assume this type of accident will ... Very few people are taking the time to learn how to respond effectively or ...
(Date:4/26/2017)... ... April 26, 2017 , ... Journal of Oral Implantology ... have severe consequences to overall dental health, including complications with speech, eating, and overcompensation ... dental implants to replace lost teeth. As the number of tooth replacements increase, it ...
Breaking Medicine News(10 mins):
(Date:4/24/2017)... 24, 2017 Solentim, the developer of ... addition of a major new product line called ... The VIPS has been developed for automatically seeding ... as part of the process to generate clonally-derived ... and more reliable solution when compared to traditional ...
(Date:4/20/2017)... DUBLIN , April 20, 2017 ... the "Global Biosimilar Pipeline and Market Prospects: Addressing ... report to their offering. ... "Global Biosimilar Pipeline and Market ... by Design" provides an in-depth assessment of the current ...
(Date:4/20/2017)... AMSTERDAM , April 20, 2017  AbbVie ... that 99 percent (n=145/146) of chronic hepatitis C ... 4, 5 or 6 and compensated cirrhosis (Child-Pugh ... post-treatment (SVR 12 ) with its investigational, pan-genotypic ... rates were seen following 12 weeks of ...
Breaking Medicine Technology: