Schiff Nutrition International, Inc., (NYSE:WNI), appointed Brian T.
Swette, 57, to its board of directors.
Eric Weider, Schiff Nutrition’s chairman, said: “Brian’s more than 30
years of broad-based leadership experience makes him a strong addition
to Schiff’s board of directors. We welcome him aboard.”
“Brian’s combination of consumer marketing, e-commerce and business
operations experience will be valuable assets to Schiff as we pursue our
growth strategy, especially our plan to build premium brands,” stated
Tarang Amin, president and chief executive officer of Schiff Nutrition.
Swette added, “I am pleased to join Schiff’s board of directors. The
company has assembled a world-class leadership team and I look forward
to helping the company achieve its objectives.”
Brian T. Swette serves on the Board of Directors of Jamba, Inc.,
Care.com, The FRS Company and Shutterfly. He previously served on the
boards of Burger King and The Ladders.com. Swette was formerly eBay's
Chief Operating Officer, where he oversaw international expansion,
marketing and customer support initiatives that made eBay the most
accessible and successful e-commerce site on the Internet. Prior to
joining eBay, Swette was Executive Vice President and Chief Marketing
Officer for the Pepsi-Cola Company. During his 17-year tenure, he was
responsible for the worldwide marketing and advertising efforts for all
Pepsi-Cola brands, oversaw business strategy, brand architecture and new
product activity. Swette holds a Bachelor's degree in Economics from
Arizona State University.
About Schiff Nutrition
Schiff Nutrition International, Inc. develops, manufactures, markets and
distributes branded and private label vitamins, nutritional supplements
and nutrition bars in the United States and throughout the world.
Schiff’s portfolio of well-known brands includes Schiff
Move Free®, Schiff®
Vitamins, Schiff
MegaRed®, Schiff
Mega-D3®, Tiger's
Milk®, Schiff
Sustenex®, and Schiff
Digestive Advantage®. To learn more about Schiff, please
visit the web site www.schiffnutrition.com.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 that are based on management’s
beliefs and assumptions, current expectations, estimates, and
projections. These statements are subject to known and unknown risks and
uncertainties, certain of which are beyond the company’s ability to
control or predict, and therefore, actual results may differ materially.
Any forward-looking statements are made pursuant to the Private
Securities Litigation Reform Act of 1995 and, as such, speak only as of
the date hereof. Schiff Nutrition disclaims any obligation to update any
forward-looking statements whether as a result of new information,
future events or otherwise. You are cautioned not to place undue
reliance on these forward-looking statements.
Important factors that may cause actual results of Schiff Nutrition to
differ materially from those expressed or implied by such
forward-looking statements include, but are not limited to: dependence
on sales of Schiff Move Free product and the joint care category,
dependence on sales of Schiff MegaRed product, dependence on individual
customers, adverse publicity or consumer perception regarding our
nutritional supplements and/or their ingredients, similar products
distributed by other companies or the nutritional supplement industry
generally, the impact of competitive products and pricing pressure
(including expansion of private label products), the inability to
successfully bid on new and existing private label business, the impact
of raw material pricing, availability and quality (particularly relating
to joint care products and ingredients from third-party suppliers
outside the United States, including China), claims that our products
infringe the intellectual property rights of others, the inability to
enforce or protect our intellectual property rights and proprietary
techniques against infringement, the inability to successfully launch
and maintain sales (especially in the joint care and omega-3 categories)
outside of the United States while maintaining the integrity of the
products sold and complying with local regulations, the inability to
appropriately respond to changing consumer preferences and demand for
new products, the inability to gain or maintain market distribution for
new products or product enhancements, including products in the
probiotic space, litigation and government or administrative regulatory
action in the United States and internationally, including FDA
enforcement and product liability claims, the inability or increased
cost to obtain sufficient levels of product liability and general
insurance, the inability to comply with existing or new regulations,
both in the United States and abroad, and adverse actions regarding
product formulation, claims or advertising, product recalls or a
significant amount of product returns, dependence on a single
manufacturing facility and potential disruptions of our manufacturing
operations, the inability to find strategic transaction opportunities or
the inability to successfully consummate or integrate a strategic
transaction (including the inability to successfully integrate the
assets recently acquired from Ganeden), the inability to maintain or
attract key personnel, interruptions to our information technology
systems, control by our principal stockholders, and other factors
indicated from time to time in the company’s SEC reports, copies of
which are available upon request from the company’s investor relations
department or may be obtained at the SEC's web site (www.sec.gov).
These risks and uncertainties should be carefully considered before
making an investment decision with respect to shares of our common stock.
