Navigation Links
Nellson Nutraceutical Names New Directors and Interim Chief Executive Officer

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


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:
(Date:6/26/2016)... Carolina (PRWEB) , ... June 26, 2016 , ... ... of a new product that was developed to enhance the health of felines. The ... centuries. , The two main herbs in the PawPaws Cat Kidney Support ...
(Date:6/25/2016)... ... June 25, 2016 , ... Austin residents seeking Mohs surgery services, can ... Surgery and to Dr. Russell Peckham for medical and surgical dermatology. , Dr. Dorsey ... cancer. The selective fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was under ...
(Date:6/25/2016)... , ... June 25, 2016 , ... As a lifelong ... Cum Laude and his M.D from the David Geffen School of Medicine at UCLA. ... to Los Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai ...
(Date:6/24/2016)... ... 24, 2016 , ... A recent article published June 14 on ... article goes on to state that individuals are now more comfortable seeking to undergo ... such as calf and cheek reduction. The Los Angeles area medical group, Beverly Hills ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... and Scientific Sessions in Dallas that it will receive two significant new grants ... grants came as PHA marked its 25th anniversary by recognizing patients, medical professionals ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 2016 Capricor Therapeutics, Inc. ... biotechnology company focused on the discovery, development and ... enrollment in its ongoing randomized HOPE-Duchenne clinical trial ... of its 24-patient target. Capricor expects the trial ... of 2016, and to report top line data ...
(Date:6/23/2016)... BOGOTA, Colombia , June 23, 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a ... second affiliate in Latin America . ... ... ... ...
(Date:6/23/2016)... 23, 2016  Experian Health, the healthcare ... the patient payment and care experience, today ... products and services that will enhance the ... offerings. These award-winning solutions will enable healthcare ... compliant in an ever-changing environment and redefine ...
Breaking Medicine Technology: