Former Unilever and Henkel sales executive
brings robust experience in consumer packaged goods across grocery,
natural, mass, drug, value, club & e-commerce channels
LAVAL, QC, May 5, 2020 /CNW Telbec/ - Neptune Wellness
Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX:
NEPT), a leader in natural health products, is pleased to announce
today the appointment of Russell Jay
as Vice President of U.S. Sales.
With a 25 year proven track record of driving revenue and
profitable growth in the home and personal care industries, Mr. Jay
brings robust sales experience in consumer packaged goods (CPG)
across grocery, natural, mass, drug, value, club and e-commerce
channels. At Neptune, he will be responsible for driving B2B
and B2C U.S. sales of Neptune's CPG brands in key health and
wellness markets, including hemp-derived products, nutraceuticals,
personal care and home care.
Mr. Jay joins Neptune from Liviva Foods, a plant-based food
company, where he served as Chief Customer Officer for its west
coast operations, and successfully created and executed new sales
strategies to grow product distribution across all retail
channels.
Prior to Liviva Foods, Mr. Jay served as Vice President of Sales
Strategy at Henkel Consumer Goods, where he led sales strategy and
planning for Henkel's laundry, home care and beauty brands, as well
as Henkel's hand sanitizer product line under the Dial brand.
At Henkel, Mr. Jay facilitated inside sales strategy, trade
marketing, category management and sales operations, contributing
to the company's highest revenue growth in the past ten
years. Earlier in his career, Mr. Jay spent more than a
decade at Unilever as Customer Marketing Manager for the club
channel and Target business, with oversight of the development of a
cohesive customer-specific marketing approach to deliver growth and
gain share leadership. Mr. Jay has also held sales leadership
positions at Kroger, Costco and Purex Brands.
"Russ is a proven sales executive with a successful career in
driving impressive revenue and profit gains and reaching aggressive
business objectives," said Michael
Cammarata, Chief Executive Officer of Neptune Wellness
Solutions. "His experience in personal and home care is
particularly relevant as we ramp up our focus on growing these
product categories to meet strong customer and consumer demand for
natural, plant-based products that support health and wellness.
With Russ joining our team, we have further strengthened our
excellent sales team and are well positioned to grow and scale
distribution of our health and wellness CPG product portfolio."
"I am delighted to join the Neptune team at this pivotal time in
the company's growth trajectory to help further drive increased
sales productivity and spur revenue growth," said Jay. "Our
sales organization is comprised of CPG and retail leaders with
extensive industry knowledge and key relationships to build
Neptune's CPG brands. I look forward to contributing to the team's
success."
Mr. Jay holds a BS in International Marketing from California State University – Chico, CA.
About Neptune Wellness Solutions Inc.
Neptune
Wellness Solutions specializes in the extraction, purification and
formulation of health and wellness products. The Company has in
excess of 100 customers across several verticals including legal
cannabis and hemp, nutraceutical and consumer packaged goods.
Neptune's wholly owned subsidiary, 9354-7537 Québec Inc., is
licensed by Health Canada to process cannabis at its
50,000-square-foot facility located in Sherbrooke, Quebec. The Company also has a
24,000 square-foot facility located in North Carolina to process hemp biomass into
extracts. Neptune brings decades of experience in the natural
products sector to the legal cannabis and hemp industries.
Leveraging its scientific and technological expertise, the Company
sees applications for hemp-derived extracts in the U.S. beyond
existing markets and product forms and into personal care and home
care markets through its Forest Remedies™ brand and white label
offerings. Neptune's sustainably harvested Ocean
RemediesTM krill oil offers consumers a unique source of
EPA and DHA omega-3 fatty acids, phospholipids and natural
antioxidants. Neptune's activities also include the
development and commercialization of turnkey nutrition solutions
and patented ingredients such as MaxSimil®, and a variety of marine
and seed oils. Its head office is located in Laval, Quebec.
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SOURCE Neptune Wellness Solutions Inc.