DALLAS, May 3, 2016 /PRNewswire/ -- Glen Jensen, who
founded Agel Enterprises and led it to significant global growth
during its first six years, is returning to the company in the
newly-created position of Group CEO.
The announcement was made today by John
Rochon Jr., founder of JRJR Networks [NYSE MKT:
JRJR], which acquired Agel in 2013. Mr. Rochon also serves as
Agel's chairman.
"This is a great day for Agel, an emotional homecoming and a
powerful affirmation of Agel's future," said Mr. Rochon.
"Glen passionately shares my ultimate dream of our becoming the
largest direct-to-consumer company in the world by 2033. With
his return to lead Agel, I believe we've just taken another step
toward that dream.
"Glen Jensen was the heart and
soul of Agel in the days when he established it as a successful
business and led its growth across the globe. Glen's return
to Agel after a five and a half -year absence sends the bold
message that Agel is back and has found its voice again," said Mr.
Rochon.
"When Steve Jobs returned to Apple after a 12-year absence,
there was a sense of energy and renewed confidence. I believe
we are going to see in Agel a feeling of celebration over the
return of the person who started it all," said Mr.
Rochon.
"I'm beyond thrilled at returning to Agel, a company I truly
love and the company that I envisioned as a way to change lives
around the world," said Mr. Jensen. "This is a deeply
emotional moment for me. I am so thrilled that John Rochon Jr. and the team at JRJR Networks
have invited me to come back home again and help them lead Agel to
what I know is going to be massive global growth."
Mr. Jensen has spent over two decades in the network marketing
industry. He began as a customer service representative at
NuSkin while a college student and rose quickly to lead successful
companies and organizations around the world. In 2004, he
developed the concept that would launch Agel as a
direct-to-consumer provider of nutritional gel products offered by
an independent network of entrepreneurs.
Under his leadership, Agel grew into one of the world's top 100
direct selling companies, reaching #56 on the Direct Selling News
Global 100 for 2008. For the past two years he has been CEO
of Innovative Global Inc., a direct seller of skin care and
nutritional products operating primarily in Asia.
Prior to Innovative Global and Agel, Mr. Jensen had been an
executive in several other direct-to-consumer companies, including
Neways and Synergy, which he founded. He has served as
a member of the CEO Council of the World Federation of Direct
Selling Associations.
"The innovation of suspension gel technology that we created in
Agel redefined the whole nutritional industry. Even after leaving
Agel a few years ago, I always hoped that somehow I might be able
to re-unite with the wonderful Agel sales network and resume this
incredible journey. Now, thanks to John Jr. and JRJR
Networks, that dream has come true. I can't wait to get
started on the next chapter of Agel's success."
In addition to being Group CEO, Mr. Jensen will also serve on
the board of directors of JRJR AG, a Swiss-based holding company
which is a subsidiary of JRJR Networks.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer
brands. Within JRJR Networks, each company retains its separate
identity, sales force, product line and compensation plan, while
JRJR Networks seeks synergies and efficiencies in operational
areas. JRJR Networks companies currently include The
Longaberger Company, a 42-year old maker of hand-crafted
baskets and other home decor items; Your Inspiration At
Home, an award-winning maker of hand-crafted spices and other
gourmet food items from around the world; Tomboy Tools, a
direct seller of tools designed for women; Agel Enterprises,
a global seller of nutritional products in gel form as well as a
skin care line, operating in 40 countries; Paperly, which
offers a line of custom stationery and other personalized products;
My Secret Kitchen, a U.K.-based seller of gourmet food
products; Uppercase Living, which offers a line of
customizable vinyl expressions for display on walls in the home;
Kleeneze, a 95-year old UK-based catalog seller of cleaning,
health, beauty, home, outdoor and a variety of other products, and
Betterware, a UK-based home catalog seller. JRJR Networks
also includes Happenings, a lifestyle publication and
marketing company.
Cautionary Note Regarding Forward-Looking
Statements:
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act
of 1995. All statements other than statements of historical
fact contained in this press release are forward-looking
statements. In some cases forward-looking statements can be
identified by terminology such as "anticipate," "believe," "can,"
"continue," "could," "estimate," "expect," "intend," "may," "plan,"
"potential," "predict," "project," "should," or "will" or the
negative of these terms or other comparable terminology and
include statements regarding our continued growth, our goal of
becoming the largest direct-to-consumer company in the world by
2033 and the expected contribution of Mr. Jensen to the next
chapter of Agel's success. These forward-looking
statements are based on management's expectations and assumptions
as of the date of this press release and are subject to a number of
risks and uncertainties, many of which are difficult to predict
that could cause actual results to differ materially from current
expectations and assumptions from those set forth or implied by any
forward-looking statements. Important factors that could cause
actual results to differ materially from current expectations
include, among others, our ability to continue to grow,
the contribution of Mr. Jensen to Agel and the other risks outlined
under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its
fiscal year ended December 31, 2014
and its other filings with the SEC, including subsequent
periodic reports on Forms 10-Q and 8-K. The information in this
release is provided only as of the date of this release, and we
undertake no obligation to update any forward-looking statements
contained in this release on account of new information, future
events, or otherwise, except as required by law.
Contact: Russell Mack
(russell.mack@jrjrnetworks.com)
Investor Relations: Tucker
Gagen (tucker.gagen@jrjrnetworks.com)
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SOURCE JRJR Networks