LAKE SUCCESS, N.Y.,
May 28, 2019 /PRNewswire/ -- The
Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial" or the
"Company"), a leading organic and natural products company with
operations in North America,
Europe, Asia and the Middle
East providing consumers with A Healthier Way of Life™,
today announced the appointment of Seth Weis, as the Senior
Vice President of Business Development, reporting directly to Hain
Celestial's President and Chief Executive Officer Mark L. Schiller, effective today. In this
role, Mr. Weis will focus on the implementation of Hain Celestial's
business transformation strategy to simplify its product portfolio,
strengthen capabilities, reinvigorate net sales growth in
the United States, and expand
margins and cash flow.
Mr. Weis will assume this role from Denise Faltischek, Executive Vice President,
Chief Strategy Officer and Corporate Secretary. After
fourteen years with Hain Celestial, Ms. Faltischek will leave the
Company to pursue other opportunities on August 31, 2019. During her tenure, Ms.
Faltischek served in an integral role to help complete several
merger and acquisitions including most recently the sale of
WestSoy® tofu seitan and tempeh businesses and the pending
divestiture of the Hain Pure Protein businesses. Previously, she
served for over eight years as Hain Celestial's General Counsel.
Additionally, Ms. Faltischek's responsibilities as Hain Celestial's
Corporate Secretary will transition to Kristy Meringolo, Hain Celestial's General
Counsel and Chief Compliance Officer. Ms. Faltischek, will
work with the executive leadership team over the coming weeks to
ensure a smooth transition.
Mr. Weis joins Hain Celestial from Treehouse Foods, Inc. where
he served as Vice President, Corporate Development and Corporate
Officer. In this role, he led cross functional business teams to
complete five acquisitions and two divestitures expanding Treehouse
Foods' annual revenue and helping to transform the business.
Previously, Mr. Weis served in various roles including most
recently Vice President at Glencoe Capital Management, LLC, a
private equity firm targeting lower middle market buyouts, growth
equity and co-investments. Mr. Weis also served as a Vice
President at Duff & Phelps, LLC where he provided corporate
finance and investment banking services including mergers and
acquisitions advisory, business valuations, and capital structure
analysis, across a broad range of industries. He started his
career in finance at PriceWaterHouseCoopers LLP.
About The Hain Celestial Group, Inc.
The Hain Celestial Group (Nasdaq: HAIN), headquartered in
Lake Success, NY, is a leading
organic and natural products company with operations in
North America, Europe, Asia
and the Middle East. Hain
Celestial participates in many natural categories with well-known
brands that include Alba Botanica®, Almond Dream®, Arrowhead
Mills®, Avalon Organics®, Bearitos®, Better Bean®, BluePrint®,
Casbah®, Celestial Seasonings®, Clarks™, Coconut Dream®, Cully
& Sully®, Danival®, DeBoles®, Earth's Best®, Ella's Kitchen®,
Europe's Best®, Farmhouse Fare™,
Frank Cooper's®, Gale's®, Garden of
Eatin'®, GG UniqueFiber™, Hain Pure Foods®, Hartley's®, Health
Valley®, Imagine®, JĀSÖN®, Johnson's Juice Co.®, Joya®, Kosher
Valley®, Lima®, Linda McCartney's®
(under license), Live Clean®, MaraNatha®, Mary Berry (under license), Natumi®, New Covent
Garden Soup Co.®, Orchard House®, Queen Helene®, Rice Dream®,
Robertson's®, Rudi's Gluten-Free Bakery®, Rudi's Organic Bakery®,
Sensible Portions®, Spectrum Organics®, Soy Dream®, Sun-Pat®,
Sunripe®, SunSpire®, Terra®, The Greek Gods®, Tilda®, Walnut
Acres®, WestSoy®, Yorkshire Provender®, Yves Veggie Cuisine® and
William's™.
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SOURCE The Hain Celestial Group, Inc.