LifeVantage Announces Management Change
January 18 2017 - 4:05PM
LifeVantage Corporation (Nasdaq:LFVN), announced today the
appointment of Gary Koos as Interim Chief Financial Officer,
effective January 19, 2017. Mark Jaggi’s employment with the
Company has been terminated, effective immediately. The Company has
undertaken a search for a permanent Chief Financial Officer.
“We are pleased to have Gary Koos join the company as Interim
CFO,” said LifeVantage President and Chief Executive Officer,
Darren Jensen. “In addition to his international financial
expertise and leadership capabilities, Gary’s extensive operational
skills and experience establishing enterprise-wide policies and
controls will be vital as we continue to focus on creating value
for our shareholders.”
Mr. Koos brings more than 35 years of financial and leadership
experience, having served in multiple C-level financial and
operational roles across a broad range of industries. Most
recently, Mr. Koos served as Head of Finance of the PCT division of
Comet Technology Inc. Previously Mr. Koos served as President, CEO
and CFO, leading the financial and operational restructure for
Worldwide Energy and Manufacturing USA Inc., a U.S. publicly listed
and China-based manufacturing company from 2011 to 2013. Mr. Koos
also previously served in several senior financial and operation
executive roles including both public and private company
experience. Mr. Koos received his Master of Business Administration
degree in International Business and his Bachelor of Science degree
in Business Administration from the University of California,
Berkeley.
About LifeVantage Corporation
LifeVantage Corporation (Nasdaq:LFVN), is a science-based direct
selling company dedicated to visionary science that looks to
transform health, wellness and anti-aging internally and externally
at the cellular level. The company is the maker of Protandim® Nrf2
and NRF1 Synergizers, its line of scientifically-validated dietary
supplements, the TrueScience® Anti-Aging Skin Care Regimen, Canine
Health®, the AXIO® energy product line and the PhysIQ™ Smart Weight
Management System. LifeVantage was founded in 2003 and is
headquartered in Salt Lake City, Utah. www.lifevantage.com
Forward Looking StatementsThis document
contains forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Words and expressions reflecting optimism, satisfaction or
disappointment with current prospects, as well as words such as
"believe," "hopes," "intends," "estimates," "expects," "projects,"
"plans," "anticipates," "look forward to" and variations thereof,
identify forward-looking statements, but their absence does not
mean that a statement is not forward-looking. Examples of
forward-looking statements include, but are not limited to,
statements we make regarding our future growth, distributor success
and shareholder value. Such forward-looking statements are not
guarantees of performance and the Company's actual results could
differ materially from those contained in such statements. These
forward-looking statements are based on the Company's current
expectations and beliefs concerning future events affecting the
Company and involve known and unknown risks and uncertainties that
may cause the Company's actual results or outcomes to be materially
different from those anticipated and discussed herein. These risks
and uncertainties include, among others, those discussed in greater
detail in the Company's Annual Report on Form 10-K and the
Company's Quarterly Report on Form 10-Q under the caption "Risk
Factors," and in other documents filed by the Company from time to
time with the Securities and Exchange Commission. The Company
cautions investors not to place undue reliance on the
forward-looking statements contained in this document. All
forward-looking statements are based on information currently
available to the Company on the date hereof, and the Company
undertakes no obligation to revise or update these forward-looking
statements to reflect events or circumstances after the date of
this document, except as required by law.
Investor Relations Contacts:
Cindy England
Director of Investor Relations
(801) 432-9036
investor@lifevantage.com
-or-
Scott Van Winkle
Managing Director, ICR
(617) 956-6736
scott.vanwinkle@icrinc.com
Company Relations Contact:
John Genna
Vice President of Communications
& Corporate Partnerships
(801) 432-9172
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