DALLAS, March 29, 2016 /PRNewswire/ -- JRjr33, Inc. [NYSE
MKT: JRJR] doing business as JRJR Networks, has appointed
Christopher L. Brooks as its Chief
Financial Officer.
John Rochon Jr., the company's
Vice Chairman, had served as CFO for the past year. In recent
months, Mr. Rochon has shifted most of his time and attention to
providing hands-on leadership for the independent sales networks of
the companies within JRJR Networks.
"In order to allow me to continue expanding my leadership
activities in support of our sales networks, it is time to bring
onto our team an experienced CFO to take over that vital role,"
said Mr. Rochon. "We're very pleased to have someone of
Chris' knowledge and background to serve in the crucial role of CFO
as our company continues to grow."
Mr. Brooks is a seasoned financial leader with a strong
background in finance and private equity. He has been CFO
with Assa Abloy Hospitality and Global Audio Visual; Vice President
of Finance for Bank of America's Home Loan Division as well as
Corporate Controller for Transplace and Heartland Automotive
Services. Mr. Brooks worked on or led projects at JRJR
Networks as well as at Michaels Stores, The Golf Warehouse, Fannie
Mae, Caris Life Sciences, 7-11 and Energy Future Holdings.
Much of Mr. Brooks' career has been spent with multi-entity,
multi-location companies with a direct-to-consumer focus,
where he has worked with management teams on reporting,
analysis, process and strategic business issues.
Mr. Brooks earned his BBA in accounting from the University of Texas and his MBA from the University
of Houston. He is a Certified Public Accountant.
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 . 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
expand leadership activities in support of our sales, our ability
to continue to grow, the expected contribution of Mr. Brooks 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