Better Choice Company Announces Management and Board Changes
September 13 2022 - 7:20AM
Better Choice Company Inc. (NYSE American: BTTR) (the “Company” or
“Better Choice”), a pet health and wellness company, today
announced that Scott Lerner is stepping down from his role as CEO
of the Company effective September 13, 2022. Lionel Conacher,
current Director, will assume the position of Interim Chief
Executive Officer, with the senior management team reporting
directly to him.
Mike Young, Chairman of the Board, commented, “With an extremely
talented team in place and a strong platform built for continued
growth, I have every confidence that Lionel and the executive team
will continue to build on our strong performance so far this year,
which includes the launch of Halo Elevate® in more than 1,500 pet
specialty locations, more than 100% growth YTD in international
sales and the integration of the TruDog brand into the Halo
portfolio. I am particularly excited for Lionel and the team to
continue to realize margin improvements, with a focus on profitable
and sustainable growth.”
Mr. Young continued, “On behalf of the entire team, I’d like to
thank Scott Lerner for his contributions as CEO during his time
with Better Choice.”
About Better Choice Company Inc.Better Choice
Company Inc. is a rapidly growing pet health and wellness company
focused on providing pet products and services that help dogs and
cats live healthier, happier and longer lives. We offer a broad
portfolio of pet health and wellness products for dogs and cats
sold under our Halo brand across multiple forms, including foods,
treats, toppers, dental products, chews, and supplements. We have a
demonstrated, multi-decade track record of success and are well
positioned to benefit from the mainstream trends of growing pet
humanization and consumer focus on health and wellness. Our
products consist of kibble and canned dog and cat food,
freeze-dried raw dog food and treats, vegan dog food and treats,
oral care products and supplements. Halo’s core products are made
with high-quality, thoughtfully sourced ingredients for natural,
science-based nutrition. Each innovative recipe is formulated with
leading veterinary and nutrition experts to deliver optimal health.
For more information, please visit
https://www.betterchoicecompany.com.
Forward Looking StatementsThis press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The words
“believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,”
“should,” “plan,” “could,” “target,” “potential,” “is likely,”
“will,” “expect” and similar expressions, as they relate to us, are
intended to identify forward-looking statements. The Company has
based these forward-looking statements largely on our current
expectations and projections about future events and financial
trends that we believe may affect our financial condition, results
of operations, business strategy and financial needs. Some or all
of the results anticipated by these forward-looking statements may
not be achieved. Further information on the Company’s risk factors
is contained in our filings with the SEC. Any forward-looking
statement made by us herein speaks only as of the date on which it
is made. Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. The Company undertakes no obligation to
publicly update any forward-looking statement, whether as a result
of new information, future developments or otherwise, except as may
be required by law.
Investor Contact:KCSA Strategic
CommunicationsValter Pinto, Managing DirectorT:
212-896-1254Valter@KCSA.com
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