LAVAL, QC, July 21, 2020 /PRNewswire/ - Neptune
Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT)
(TSX: NEPT), a diversified and fully integrated health and wellness
company focused on natural, plant-based, sustainable and
purpose-driven lifestyle brands, is pleased to announce today the
nomination of Jane Pemberton and
Frank Rochon for election to the
Company's Board of Directors by the Company's shareholders at its
Annual General Meeting to be held on August
12, 2020.
Ms. Pemberton is a growth driven, brand loving, digital first
executive with over 25 years of experience building and investing
in highly profitable business with a focus on "good for you"
businesses around the world. Ms. Pemberton is currently the
Operating Advisor at North Castle Partners, a leading private
equity firm focused exclusively in the Health, Wellness &
Active Living Sector. Prior to North Castle Partners, she served in
multiple leadership roles at Gaiam, The Mommy & Me Company, Fox
Filmed Entertainment and The Walt Disney Company. Ms. Pemberton
currently serves on the Board of Directors for ProSupps
USA and The Escape Game.
Mr. Rochon has built a distinguished career over the past 30
years, serving in numerous key leadership positions with the past
20 years at Deloitte Canada. He most recently served as Vice
Chairman and Managing Partner of Clients and Industries leading
Deloitte Canada's client and market portfolio, overseeing the
firm's most significant client relationships and
opportunities. Mr. Rochon is widely sought after for his
business insights and hands-on experience in all aspects of
professional services within the Canadian business landscape. At
Deloitte, he served in many roles such as Regional Managing
Partner roles and also as Deloitte Canada M&A Executive Leader.
In addition, Mr. Rochon served on the Deloitte Global executive
leadership and the Canadian Board of Directors. Mr. Rochon holds a
degree in Business from the University of
Ottawa.
"We are very proud to have named two talented and seasoned
individuals for election to our Board of Directors," said
Michael Cammarata, Chief Executive
Officer of Neptune Wellness Solutions. "Jane's extensive experience
driving accelerated revenue growth, earnings and brand equity,
without compromising core values, culture, authenticity or purpose
and Frank's strong financial expertise, governance, market and
operational executive leadership, will be invaluable contributions
to our Board as we continue to execute on our mission to redefine
health and wellness."
"We look forward to welcoming both of these accomplished
individuals to our Board," said John
Moretz, Chairman of the Board of Directors of Neptune
Wellness Solutions. "Jane and Frank will be great additions to the
very diverse set of minds around our Board table as we work towards
our collective goals and lead the Company into its next phase of
growth."
About Neptune Wellness Solutions Inc.
Neptune Wellness Solutions is a diversified and fully integrated
health and wellness company. With a mission to redefine
health and wellness, Neptune is focused on building a broad
portfolio of high quality, affordable consumer products in response
to long-term secular trends and market demand for natural,
plant-based, sustainable and purpose-driven lifestyle brands. The
Company utilizes a highly flexible, cost-efficient manufacturing
and supply chain infrastructure that can be scaled up and down or
into adjacent product categories to identify new innovation
opportunities, quickly adapt to consumer preferences and demand,
and bring new products to market through its mass retail partners
and e-commerce channels. Leveraging decades of expertise in
extraction and product formulation, Neptune is a leading provider
of turnkey product development and supply chain solutions to
business customers across several health and wellness verticals,
including legal cannabis and hemp, nutraceuticals and white label
consumer packaged goods. The Company has a strong position in
cannabis and hemp with research, development and commercialization
focused on the use of cannabinoids in household products to make
them safer, healthier and more effective. Neptune's corporate
headquarters is located in Laval,
Quebec, with a 50,000-square-foot production facility
located in Sherbrooke, Quebec and
a 24,000 square-foot facility located in North Carolina. For additional information,
please visit: https://neptunecorp.com/
Forward Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements"
within the meaning of the U.S. securities laws and Canadian
securities laws. Such forward-looking statements involve known and
unknown risks, uncertainties, and other unknown factors that could
cause the actual results of Neptune to be materially different from
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged
to consider statements labeled with the terms "believes", "belief",
"expects", "intends", "projects", "anticipates", "will", "should"
or "plans" to be uncertain and forward-looking. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press
release.
The forward-looking statements contained in this press release
are expressly qualified in their entirety by this cautionary
statement and the "Cautionary Note Regarding Forward-Looking
Information" section contained in Neptune's latest Annual
Information Form (the "AIF"), which also forms part of Neptune's
latest annual report on Form 40-F, and which is available on SEDAR
at www.sedar.com, on EDGAR at www.sec.gov/edgar.shtml and on the
investor section of Neptune's website at www.neptunecorp.com. All
forward-looking statements in this press release are made as of the
date of this press release. Neptune does not undertake to update
any such forward-looking statements whether as a result of new
information, future events or otherwise, except as required by law.
The forward-looking statements contained herein are also subject
generally to other risks and uncertainties that are described from
time to time in Neptune public securities filings with the
Securities and Exchange Commission and the Canadian securities
commissions. Additional information about these assumptions and
risks and uncertainties is contained in the AIF under "Risk
Factors".
Neither NASDAQ nor the Toronto Stock Exchange accepts
responsibility for the adequacy or accuracy of this release.
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SOURCE Neptune Wellness Solutions Inc.