NEW YORK, March 26, 2015 /PRNewswire/ -- Twinlab
Consolidation Corporation (TCC), an employee-controlled
industry-focused health and wellness company committed to
developing top brands, is pleased to announce the addition of
Mark Walsh as Executive Vice
President and Chief Operating Officer.
"TCC continues to strengthen its position in the industry and
maintain a commitment to being an industry leader. A large aspect
of that commitment is a focus on executive leadership that will
ensure future growth and innovation that meets the ever-growing
expectations of health-conscious consumers," said TCC CEO
Tom Tolworthy. Walsh's new post
reports to Mr. Tolworthy, serves as a member both of the company's
Executive and Management Committees and chairs the Operations
Committee.
"I am excited and inspired by having Mark join TCC and its
family of companies. He will play a pivotal role in the team we
have built here and will make a major contribution as our company
seeks to continue to accelerate its growth with an eye towards
becoming a billion-dollar, market-leading company in the
nutraceutical sector," says Tolworthy.
An experienced senior executive, Walsh has proven abilities in
corporate strategy development, organization structure, talent
management, brand leadership and customer focus. Walsh's strong
interpersonal, problem-solving and project-management skills have
been demonstrated in his previous position as COO of Pharmavite,
where he was responsible for all aspects of the business including
marketing, sales, finance, operations, science and technology,
legal and regulatory, and information technology. Walsh's career
was rooted in packaged goods with roles at several divisions at
Mars, Inc.
Walsh's decision to join TCC was inspired by the company's
mission and future goals. "I am excited about Tom's vision for the
business and the passion of the entire Executive Committee for
fulfilling Twinlab's potential. My personal values and experience
align very closely with the current state of the business as well
as where it is going tomorrow. I look forward to making significant
contributions in meeting the needs of today while we prepare for
the future," says Walsh.
In his new role, Walsh will have management accountability for
all supply chain capabilities of the corporation including demand
planning, purchasing and procurement, production planning,
manufacturing operations, inventory management, technical
regulatory, and innovation. This new role is effective March 31, 2015.
About Twinlab Consolidation Corporation
Twinlab
Consolidation Corporation, a wholly-owned subsidiary of Twinlab
Consolidated Holdings, Inc. ("TLCC"), is an industry-focused health
and wellness company committed to developing top brands. An
employee-controlled company, TCC aligns the interest of all
stakeholders, has a portfolio of products that are made in America
using the finest ingredients from around the world, and provides
premium quality contract manufacturing services through its
subsidiary NutraScience Labs, Inc. In addition to its namesake
brand, Twinlab®, established in 1968, TCC also manufactures and
sells other well-known category leaders including the Metabolife®
line of diet and energy products; Fuel line of sports supplement
products; Alvita® teas, established in 1922 as a single-herb tea
line; Trigosamine® joint support products as well other health and
wellness brands. Twinlab's manufacturing facility in American Fork, Utah is an NSF GMP and NSF GMP
for Sport certified facility. Visit www.twinlab.com for more
information.
Forward Looking Statements
Statements we make in
this press release may include statements which are not historical
facts and are considered forward-looking within the meaning of
Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act, which are usually identified by the use of
words such as "anticipates," "believes," "estimates," "expects,"
"intends," "may," "plans," "projects," "seeks," "should," "will,"
and variations of such words or similar expressions. We
intend these forward-looking statements to be covered by the safe
harbor provisions for forward-looking statements contained in
Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act and are making this statement for purposes
of complying with those safe harbor provisions. These
forward-looking statements reflect our current views about our
plans, intentions, expectations, strategies and prospects, which
are based on the information currently available to us and on
assumptions we have made. Although we believe that our plans,
intentions, expectations, strategies and prospects as reflected in
or suggested by those forward-looking statements are reasonable, we
can give no assurance that the plans, intentions, expectations or
strategies will be attained or achieved. Furthermore, actual
results may differ materially from those described in the
forward-looking statements and will be affected by a variety of
risks and factors that are beyond our control including, without
limitation, those risks set forth in the "Item 2.01 Risk Factors"
section of the Current Report on Form 8-K filed by TLCC with the
SEC on September 22, 2014 as updated
by TLCC's other SEC filings. We assume no obligation to
update publicly any forward-looking statements, whether as a result
of new information, future events or otherwise.
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SOURCE Twinlab Consolidation Corporation
