Jamieson Wellness Inc. Rounds Out Independent Board of Industry-Leading Experts

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Oct 30, 2017 08:30 am
TORONTO -- 

Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX:JWEL), Canada’s number one manufacturer and marketer of branded vitamins, minerals and supplements, announced today that Catherine Potechin, Heather Allen and Steve Spooner have been appointed to the Company’s Board of Directors effective October 18, 2017. The additions round out the Board’s expertise in several key areas such as branding, innovation, international expansion and mergers & acquisitions. With Ms. Potechin, Ms. Allen and Mr. Spooner replacing Douglas Cahill, Richard Zannino and Joseph Scharfenberger from CCMP Capital Advisors, the Board of Directors is now complete and consists of eight members, seven of whom are independent directors.

Ms. Potechin has spearheaded general management, sales and marketing as Vice President in several international assignments. Her early training and career as a dietitian led to over 25 years in various health based industries including pharmaceuticals, medical/healthcare and nutritional CPGs. During her career she has helped companies, including Bristol-Myers Squibb and Mead Johnson Nutrition accelerate growth and build shareholder value through disciplined execution of strategic business plans. Ms. Potechin currently serves on four other corporate boards including Diabetes Canada, the National Diabetes Trust Corp, Food for Life Canada, and Central West Specialized Development Services. Ms. Potechin will also serve as a member of the Company’s Governance, Compensation and Nominating Committee.

Ms. Allen brings expansive branding and innovation experience within the consumer health category globally, including North America, Europe and Asia. As Executive Vice President for Category Development at Reckitt Benckiser plc, she led a global brand portfolio transformation and managed a team of 1200+ people across continents. In addition to her focus on growth, Ms. Allen has managed risk in areas related to future innovation, product portfolio and digital communication. Ms. Allen will also serve as a member of the Company’s Governance, Compensation and Nominating Committee.

Mr. Spooner brings over 32 years of experience negotiating, structuring, financing and integrating complex acquisitions, and has developed and executed strategies to transform companies to address business challenges and capitalize on changing market opportunities. As Chief Financial Officer for Mitel Networks, he possesses global responsibility for Finance, Legal, Information Technology, M&A and Investor Relations. Steve’s prior experience includes roles as CEO, COO and CFO of both emerging and established industry players including tenures at Digital, Wang, SHL Systemhouse, CrossKeys Systems, Stream Intelligent Networks and Wysdom. Mr. Spooner will also serve as a member of the Company’s Audit Committee.

“It’s been our vision from day one to improve the world’s health and wellness, and these talented and experienced individuals add critical experience to help guide our management, while propelling new growth opportunities for the company,” said David Williams, Chairman of Jamieson Wellness Inc. “We welcome Catherine, Heather and Steve, and look forward to new achievements as we approach the end of this year and look ahead to 2018. We thank CCMP for their invaluable support over the years and for helping Jamieson Wellness achieve a successful IPO.”

About Jamieson Wellness

Jamieson Wellness is dedicated to improving the world's health and wellness with its portfolio of innovative natural health brands. Established in 1922, Jamieson Vitamins is the Company's heritage brand and Canada's #1 consumer health brand. Jamieson Wellness manufactures and markets sports nutrition products and specialty supplements under its Progressive, Precision and Iron Vegan brands. The Company also markets products by Lorna Vanderhaeghe Health Solutions (LVHS), the #1 women's natural health focused brand in Canada. For more information please visit jamiesonwellness.com.

ICR
Mary Nelson, 646-277-1219
[email protected]

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