Market Updates

Twinlab CEO Naomi Whittel Steps Down

Executive said Twinlab has made significant strides in strengthening its margins and providing a platform for future growth.

Twinlab Consolidated Holdings, Inc. CEO Naomi Whittel is stepping down from her position to pursue other opportunities.
 
Chairman of the Board of Directors, David Van Andel said the board is engaged in evaluating opportunities for a new full-time CEO. In the interim, Alan Gever, current CFO and COO, will oversee day-to-day operations. Mr. Gever has been CFO and COO since March 2017, and has been responsible for finance, supply chain management, information technology, legal, and human resources.
 
“We thank Naomi for her contributions to Twinlab and wish her well in her new endeavors. With our new product launches and continued product innovation, we believe TLCC is poised for another half century of growth. Twinlab is home to several well-known brands, the Organic Holdings line of successful products and Nutrascience Labs which provides supplement companies with world-class manufacturing and fulfillment. We continue to believe in the strength of our brands, service and our mission of bringing the finest products in the nutrition field to the consumer.”
 
Ms. Whittel emphasized the improvements Twinlab is experiencing is a team effort. “I want to earnestly thank the wonderful Twinlab team that worked with me throughout this outstanding time in Twinlab’s history. This could not have been done without them.”
 
“I am extremely grateful to have served Twinlab and proud of what our team accomplished,” she said. “In addition to bringing innovative, and well-received new products to the market, the company made remarkable strides in strengthening its gross margins and providing a platform for future growth.” 
 
Putting her role in the company’s growth in perspective, Ms. Whittel added, “Twinlab is both a pioneer in the nutritional supplements industry and continues to set the gold standard as one of the leading—and certainly the finest—nutritional supplements company in the history of the industry. I am proud to have been a small part of that history and eagerly look forward to witnessing the future successes of TCC.” 
 
Mr. Gever added, “We have an amazing team and I look forward to working with our Board and our employees to execute on the brand visions that will take our organization to the next level. This year marks Twinlab’s 50th anniversary since introducing Twinlab Fuel, creating the sports nutrition industry. On this golden anniversary, we have launched other revolutionary breakthroughs with our new sports nutrition line, REAAL, and ground-breaking innovations across all our brands. These efforts are evidence of our commitment to continue to bring best-in-class products to the end-consumer.”

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