VANCOUVER, BC --
July 18, 2019 -- InvestorsHub NewsWire -- The Yield Growth Corp.
(CSE:BOSS) (OTCQB:BOSQF)
(FSE:YG3) is pleased to announce that seasoned
business executive Tamara Melck has been appointed as Chief
Operating Officer of Yield Growth.
Chief Operating Officer,
Tamara Melck
Melck has proven expertise
in scaling operations. Among her career achievements, she was
instrumental in the growth of Canadian fashion retailer Aritzia
(TSX:ATZ) as its Vice President, Corporate Operations and Executive
Vice President, People & Culture. When she joined in 2001,
Aritzia had 10 stores and 30 head office employees, and Melck built
several of the corporate backend functions from scratch, helping
Aritzia to scale its operations and achieve $743M in annual revenue
and to reach a market capitalization of over $1 billion when she
left in 2017. Melck was a member and former chair of the Executive
Committee of Aritzia, and she directly led and oversaw numerous
departmental and cross-functional projects of all sizes to build
the necessary infrastructure to enable growth. Aritzia is a
vertically integrated, innovative design house of exclusive fashion
brands. It reported net revenue of $743.3 million in Fiscal
2018.
As Yield Growth is poised
for further expansion, Melck joins at a critical moment. “We are
excited to welcome Tamara to the team,” says Penny Green, CEO of
Yield Growth. “Her experience helping Aritzia grow into a leading
fashion retailer will be invaluable to Yield Growth as we move
forward to achieve our business goals.”
Melck holds a Juris Doctor
and Master of Business Administration from the University of
British Columbia, a Master of Science in Journalism from Columbia
University and completed the High Potentials Leadership Program at
Harvard Business School. She is eager to leverage her experience to
make a meaningful impact through Yield Growth’s next
phase.
“I’m thrilled to be joining
a company with such massive potential to shape a new global
industry,” says Melck. “I’m passionate about building businesses
for growth, and I’m looking forward to laying the groundwork to
support the company’s future success.”
About The Yield
Growth Corp.
The Yield Growth Corp.
develops, manufactures and distributes cannabis and hemp infused
product brands Urban Juve and Wright & Well and has a catalogue
of over 200 wellness and beauty formulas. It intends to disrupt the
international wellness market, which is a $4.2 trillion global
economy, according to the Global Wellness Institute, by connecting
ancient healing with modern science and technology. Its management
team has deep experience with global brands including Johnson &
Johnson, Procter & Gamble, M·A·C Cosmetics, Skechers, Best Buy,
Aritzia, Coca-Cola and Pepsi Corporation. Yield Growth serves
mainstream luxury consumers who seek sophisticated wellness
products. Its flagship consumer brand, Urban Juve, has proprietary,
patent-pending extraction technology and has 12 patents pending.
Yield Growth is building sophisticated international distribution
channels and has multiple revenue streams including services,
licensing and product sales.
For more
information about Yield Growth,
visit www.yieldgrowth.com or
follow @yieldgrowth on
Instagram. Visit www.urbanjuve.com and
#findyourjuve across social platforms to learn, engage and
shop.
Investor Relations
Contacts:
Penny Green, President
& CEO
Kristina Pillon, Investor Relations
invest@yieldgrowth.com
1-833-514-BOSS 1-833-514-2677
1-833-515-BOSS 1-833-515-2677
The Canadian Securities
Exchange has not reviewed, approved or disapproved the content of
this news release.
Cautionary
Statement Regarding Forward-Looking
Statements
This press release
includes forward-looking information and statements (collectively,
“forward looking statements”) under applicable Canadian securities
legislation. Forward-looking statements are necessarily based upon
a number of estimates, forecasts, beliefs and assumptions that,
while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual
results and future events to differ materially from those expressed
or implied by such forward-looking statements. Such risks,
uncertainties and factors include, but are not limited to: risks
related to the development, testing, licensing, intellectual
property protection, and sale of, and demand for, Urban Juve,
Wright & Well, UJ Beverages and UJ Edibles products, general
business, economic, competitive, political and social
uncertainties, delay or failure to receive board or regulatory
approvals where applicable, and the state of the capital markets.
Yield Growth cautions readers not to place undue reliance on
forward-looking statements provided by Yield Growth, as such
forward-looking statements are not a guarantee of future results or
performance and actual results may differ materially. The
forward-looking statements contained in this press release are made
as of the date of this press release, and Yield Growth expressly
disclaims any obligation to update or alter statements containing
any forward-looking information, or the factors or assumptions
underlying them, whether as a result of new information, future
events or otherwise, except as required by
law.
SOURCE:
The Yield Growth Corp.