Organic and natural products firm Hain Celestial Group has announced the appointment of Seth Weis as its new senior vice president of business development.
The company said that Weis role 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.
Weis takes the role on from Denise Faltischek, executive vice president and chief strategy officer at the business.
Faltischek, after fourteen years with Hain Celestial, will leave the company on August 31 to pursue other opportunities, the company said.
Smooth Transition
The company said that Faltischek will work with the executive leadership team over the coming weeks to ensure a smooth transition.
Weis joins Hain Celestial from Treehouse Foods, Inc. where he previously served as vice president, corporate development and corporate officer.
Previously, he served in various roles including vice president at Glencoe Capital Management, LLC, a private equity firm targeting lower middle market buyouts, growth equity and co-investments.
Weis also served as a vice president at Duff & Phelps, LLC where he provided corporate finance and investment banking services .
He started his career in finance at PriceWaterHouseCoopers LLP.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Helen Galgey. Click subscribe to sign up to ESM: The European Supermarket Magazine.
