Naturade's president and CEO, Richard Munro, a bankruptcy and turnaround expert who was appointed to assist Naturade through the bankruptcy process, has voluntarily resigned to pursue other business turnaround opportunities. Naturade's chairman, Adam Michelin, will assume the role of CEO and take control of day-to-day operations.
Rick Robinette, Naturade's COO, will work alongside Michelin and will focus on implementing Naturade's aggressive sales strategies and supply chain initiatives.
Kelly Clinton has been promoted to vice president of Sales. Clinton will focus on supporting and expanding the company's sales efforts throughout the health and fitness channels.
Other changes to the organization include that Rae Johnson has been promoted to vice president of Business Development and Stacey Zaug promoted to production manager.
Naturade CEO and chairman, Adam Michelin, commented, "We truly appreciate the exceptional job performed by Richard Munro. He played a crucial role in the successful turnaround of this company, and he will continue to be a trusted resource in the future. I look forward to working with Rick Robinette in his position as COO of the company. Rick's optimism and positive outlook are becoming infectious throughout our organization. Kelli Clinton has been working closely with Rick, and I believe she will make a smooth transition into the position of vice president of sales. Kelli adds a new element of creativity to an already experienced management team."
From the November 19, 2007, Prepared Foods e-Flash