New York, NY - Damon Testaverde, a managing director of Emerging Enterprise News Corp. announced earlier today that five company executives, each of whom founded, co-founded, or actively manage four rapidly-growing entrepreneurial companies, have all become recipients of its distinguished Visionary Leadership Award. Some of the judgment criteria for the issuance of this award include sales growth, increase in market share, customer reviews, employee satisfaction, product innovation, and ethical sourcing and manufacturing practices. [See full release]
The recipients include: Andrew Weiss and Bruce Namenson (CEO and Chief Creative Officer, respectively) of Healthy Truth; Skye Chilton, Founder and Chief Mushroom Funguy of Real Mushrooms; Robert Fried, CEO of ChromaDex (owner of the Tru Niagen® brand); and Kaitlynn Tran Mai, CEO of Power By Naturals.
“The slowness of the recovery from Covid, the volatility in the stock market, increasing energy prices, and higher borrowing rates from commercial lending institutions have all contributed to particularly rough times for developmental-stage enterprises and young businesses in 2022,” said Testaverde, “but these amazing companies have weathered the storm through lean management, organic growth and, in one case, a relatively small infusion of private equity. When you’re operating in a tight cash economy, where consumers don’t have a great deal of disposable income, you’ve got to be ultra-competitive. Two things that these companies all share, aside from great product offerings, is an exceptional aptitude for high-transparency, information-driven digital marketing, and a genuinely intimate understanding of precisely what their target audiences need in a premium product. They’ve clearly done their homework.”
Healthy Truth, Real Mushrooms, and Power By Naturals are privately-held companies where the founders and executives play a hands-on role in substantially all aspects of day-to-day operating management and make all of the major decisions about product development, marketing, and growth strategy. ChromaDex, owner of the Tru Niagen® brand, is listed on the NASDAQ exchange. [See full release]
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