Navigation Links
NutraCea Announces Promotion of Leo G. Gingras to President
Date:3/3/2010

PHOENIX, March 3 /PRNewswire-FirstCall/ -- NutraCea (OTC Bulletin Board: NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, today announced that the Company's Board of Directors promoted Leo G. Gingras to President on February 25, 2010. Gingras will retain his title of Chief Operating Officer.

Mr. Gingras joined NutraCea in 2007 as Chief Operating Officer following 18 years at Riceland Foods, Inc., the largest rice miller and rice oil manufacturer in the U.S. where he managed business units with sales of over $320 million and a workforce of several hundred. In addition to his existing COO responsibilities, Gingras will take on a more active role in partnering with W. John Short, Chairman and CEO of NutraCea to lead the tactical and strategic repositioning of the business.

Short, commented, "Leo is a key member of our management team and one of the few true industry specialists in development of value added rice based products. His promotion is a confirmation of the significant contributions Leo has made to NutraCea since joining our organization and his importance to the future of our business. I deeply appreciate his continuing leadership and dedication to our company and look forward to collaborating with him and other members of management as we continue to reposition NutraCea."

The Board also appointed William J. Cadigan as Chief Financial Officer of NutraCea on February 25, 2010. Bill has served as Vice President Finance of NutraCea since July 2009. Bill has been a partner with Tatum, LLC since 2004. Tatum is a nationwide executive services firm providing CFOs and CIOs on an as needed basis. At Tatum, Mr. Cadigan served in numerous business and financial executive positions and interim chief financial officer roles. Bill earned his Masters of Management from the Kellogg School at Northwestern University in 1994, his MBA in Public Accounting from Baruch College in 1973 and his BA in Business Administration from Rutgers University in 1971. In addition, Mr. Cadigan is a Certified Turnaround Professional (CTP) and a Certified Insolvency and Restructuring Advisor (CIRA).

"We are most pleased to have Bill assume the role of CFO. His diversified business experience and financial expertise uniquely qualify him for this key position. NutraCea will continue to benefit from his sound guidance and financial acumen going forward," said, Short.

Additionally, the Board of Directors announced that Kody Newland, Senior Vice President of Sales has signed a new contract for two years through March 2012. Newland joined NutraCea in 2006 and is a veteran sales and marketing professional with nearly three decades of expertise in this arena.

Short stated, "I am thrilled that Kody will continue to lead our sales efforts. His in-depth knowledge of applications for SRB and DRB, coupled with his demonstrated ability in building relationships and developing new business opportunities is invaluable to NutraCea and provide a solid base from which to grow profitable sales in the future."

On November 10, 2009 NutraCea filed for court supervised protection to restructure its operation under Chapter 11 of the US Bankruptcy Code.

Forward-Looking Statements

This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward- looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company's filings with the Securities and Exchange Commission, including the Company's most recent periodic report.

About NutraCea

NutraCea is a world leader in production and utilization of stabilized rice bran. NutraCea holds many patents for stabilized rice bran (SRB) production technology and proprietary products derived from SRB. NutraCea's proprietary technology enables the creation of food and nutrition products to be unlocked from rice bran, normally a waste by-product of standard rice processing. More information can be found in the Company's filings with the SEC and by visiting our website at http://www.NutraCea.com.

SOURCE NutraCea

Back to top

RELATED LINKS
http://www.NutraCea.com/

'/>"/>

SOURCE NutraCea
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. NutraCea Announces Reduction in Workforce in U.S. Operations
2. NutraCea Announces Forbearance Agreement With Bank and Provides Update on Business Strategy and Transactions
3. NutraCea Announces Additions to Management Team; Chief Operating Officer Extends Employment Contract
4. NutraCea Names James C. Lintzenich As Interim CEO
5. NutraCea to Restate Financial Statements for 2007 and 2008
6. NutraCea, FedEx and Feed The Children Team Up to Provide Food Aid to Families in Need in Brazil
7. NutraCea Announces Third Quarter 2008 Financial Results
8. NutraCea Announces Third Quarter 2008 Conference Call
9. Mike Bridges Takes Home Four Gold Medals at IPF Masters World Powerlifting Championships; Says NutraCeas RiSolubles(R) is an Essential Part of his Training Regimen
10. U.S. Chamber Recognizes NutraCea for Strong Corporate Stewardship
11. NutraCea Announces First Quarter 2008 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/20/2017)... ... February 20, 2017 , ... Sensogram Technologies ... by for a visit this week at HIMSS 2017 Conference & Exhibition. The ... the globe. Sensogram will be featured in the conference’s Connected Health Experience section, ...
(Date:2/20/2017)... Petersburg, Fla. (PRWEB) , ... February 20, 2017 , ... ... its research and education building. A topping out ceremony on Friday marked the halfway ... The building, set to open in Fall 2018, will serve as a center for ...
(Date:2/19/2017)... South Carolina (PRWEB) , ... February 19, 2017 , ... ... of evening undergraduate nursing students, is being led by Amelia Joseph, Ph.D. Joseph was ... the initial operations of the nursing department in early 2016. After a nation-wide search, ...
(Date:2/19/2017)... ... February 19, 2017 , ... ... healthcare, will join forces with Healthwise ® at HIMSS 2017 ... industry leader in evidence-based health education, technology and services, will demonstrate a voice-powered ...
(Date:2/18/2017)... ... February 17, 2017 , ... CONTACT:, Glenn Vallecillos, MD, ... plastic surgeon Dr. Glenn Vallecillos experiments SculpSure, the hot, new, aesthetic, ... surgery has been centered around that idea that to achieve ones desired results ...
Breaking Medicine News(10 mins):
(Date:2/20/2017)... DUBLIN , Feb 20, 2017 ... "Hernia Repair Devices Global Market -Forecast to 2022" report ... ... obesity, the rise in aging population, rising adoption of tension ... are driving the growth of hernia repair devices global market. ...
(Date:2/20/2017)... February 20, 2017 The ... USD 58.4 billion by 2025, according to a ... market is driven by technological advancements in veterinary ... opportunities to the market. For instance, MediLabSecure, a ... of identifying emerging viruses and pathogens in 19 ...
(Date:2/20/2017)... Feb. 20, 2017   Alberty   ... Batavia, NY has announced a significant shift ... and wellness programs to servicing local Veteran Affairs Centers ... budgets and an increased need to secure cost effective ... to source locally for their goods & services. ...
Breaking Medicine Technology: