LAKE SUCCESS, N.Y.,
Sept. 8, 2015 /PRNewswire/ -- The
Hain Celestial Group, Inc. (NASDAQ: HAIN) a leading organic
and natural products company with operations in North America, Europe and India providing consumers with A Healthier Way
of Life™, today announced the appointment of Pasquale ("Pat") Conte
as Executive Vice President and Chief Financial Officer, effective
September 8, 2015. Stephen J. Smith, who has served as Hain
Celestial's Chief Financial Officer will remain with the Company
through September 30, 2015 to ensure
an orderly transition.
In October, 2014 Pat was named Senior Vice President, Finance
and Treasurer, having joined Hain Celestial in July, 2009 after
acting as a financial consultant to the Company previously.
In these roles, Pat has overseen the Company's worldwide financial
planning and analysis and worked strategically on mergers and
acquisitions, quarterly reporting, taxes and Sarbanes-Oxley
compliance as well as productivity and other initiatives.
Pat is a Certified Public Accountant, who previously worked at
Colgate-Palmolive Company, NYNEX Corporation and Arthur Anderson, LLP. Prior to joining
Hain Celestial, he worked at Motorola, Inc. (formerly Symbol
Technologies, Inc.) in a series of financial roles of increasing
responsibilities including Tax Director, Vice President and
Controller and ultimately, Chief Financial Officer.
"Pat has been an integral part of our finance team for over five
years, where he has been a key leader in working to drive our
continued growth and success over the last several years," said
Irwin D. Simon, Founder, President
and Chief Executive Officer of Hain Celestial. "Pat's deep
understanding of consumer goods, his forward thinking and tenure at
the Company make him a natural candidate to help us to continue to
growth both organically and through acquisitions on a global
basis."
"I am honored to have this opportunity to lead our finance team
as we grow across geographies and sales channels with existing and
new customers," said Pat
Conte. "Our organization has a strong foundation for
growth beginning with Irwin, the leadership team and all Hain
Celestial's employees and partners, who are committed to work with
us to achieve our business goals to 2020 and beyond."
"We thank Steve Smith for all his
contributions over the past two years, and we wish him well in all
his future endeavors as he pursues other opportunities," concluded
Irwin Simon.
The Hain Celestial Group, Inc.
The Hain Celestial
Group (NASDAQ: HAIN), headquartered in Lake Success, NY, is a leading organic and
natural products company with operations in North America, Europe and India. Hain Celestial
participates in many natural categories with well-known brands that
include Celestial Seasonings®, Earth's Best®, Ella's Kitchen®,
Terra®, Garden of Eatin'®, Sensible Portions®, Health Valley®,
Arrowhead Mills®, MaraNatha®, SunSpire®, DeBoles®, Casbah®, Rudi's
Organic Bakery®, Gluten Free Café™, Hain Pure Foods®, Spectrum®,
Spectrum Essentials®, Walnut Acres Organic®, Imagine®, Almond
Dream®, Rice Dream®, Soy Dream®, WestSoy®, The Greek Gods®,
BluePrint®, FreeBird®, Plainville Farms®, Empire®, Kosher Valley®,
Yves Veggie Cuisine®, Europe's
Best®, Cully & Sully®, New Covent Garden Soup Co.®, Johnson's
Juice Co.®, Farmhouse Fare®, Hartley's®, Sun-Pat®, Gale's®,
Robertson's®, Frank Cooper's®, Linda
McCartney®, Lima®, Danival®, Joya®, Natumi®, GG UniqueFiber®,
Tilda®, JASON®, Avalon Organics®, Alba Botanica®, Live Clean® and
Queen Helene®. Hain Celestial has been providing A Healthier
Way of Life™ since 1993. For more information, visit
www.hain.com.
Safe Harbor Statement
Certain statements contained in
this press release constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are predictions based on
expectations and projections about future events, and are not
statements of historical fact. You can identify forward-looking
statements by the use of forward-looking terminology such as
"plan", "continue", "expect", "anticipate", "intend", "predict",
"project", "estimate", "likely", "believe", "might", "seek", "may",
"potential", "can", "should", "could", "future" and similar
expressions, or the negative of those expressions. These
forward-looking statements include the Company's beliefs or
expectations relating to growth trends and distribution
opportunities. Such forward-looking statements involve known
and unknown risks, uncertainties, and other factors which may cause
the Company's actual results, levels of activity, performance or
achievements of the Company, or industry results, to be materially
different from any future results, levels of activity, performance
or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, general economic
and financial market conditions; competition; the Company's ability
to respond to changes and trends in customer and consumer demand,
preferences and consumption; the Company's reliance on third party
distributors, manufacturers and suppliers; the consolidation or
loss of a significant customer; the Company's ability to introduce
new products and improve existing products; availability and
retention of key personnel; the Company's ability to effectively
integrate its acquisitions; the Company's ability to successfully
consummate any proposed divestitures; liabilities arising from
potential product recalls, market withdrawals or product liability
claims; outbreaks of diseases or food-borne illnesses; potential
litigation; the availability of organic and natural ingredients;
the Company's ability to manage its supply chain effectively;
changes in fuel, raw material and commodity costs; effects of
climate change on the Company's business and operations; the
Company's ability to offset input cost increases; the interruption,
disruption or loss of operations at one or more of the Company's
manufacturing facilities; the loss of one or more of the Company's
independent co-packers; the disruption of the Company's
transportation systems; risks associated with expansion into
countries in which the Company has no prior operating experience;
risks associated with the Company's international sales and
operations, including foreign currency risks; impairment in the
carrying value of the Company's goodwill or other intangible
assets; the Company's ability to use its trademarks; reputational
damage; changes in, or the failure to comply with, governmental
laws and regulations; liabilities or claims with respect to
environmental matters; the Company's reliance on independent
certification for its products; a breach of security measures; the
Company's reliance on its information technology systems; effects
of general global capital and credit market issues on the Company's
liquidity and cost borrowing; potential liabilities not covered by
insurance; the ability of joint venture investments to successfully
execute business plans; dilution in the value of the Company's
common shares; and the other risks detailed from time-to-time
in the Company's reports filed with the Securities and Exchange
Commission, including the annual report on Form 10-K for the fiscal
year ended June 30, 2015. As a
result of the foregoing and other factors, no assurance can be
given as to the future results, levels of activity and achievements
of the Company, and neither the Company nor any person assumes
responsibility for the accuracy and completeness of these
statements.
Logo -
http://photos.prnewswire.com/prnh/20130502/NY06743LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/hain-celestial-announces-appointment-of-pat-conte-as-executive-vice-president-and-chief-financial-officer-300139264.html
SOURCE The Hain Celestial Group, Inc.