TORONTO, ONTARIO - (Marketwired - June 10, 2013) - The Board of Directors of Liquid Nutrition Group Inc., ("Liquid Nutrition" or "Company") (TSX VENTURE:LQD)(TSX VENTURE:LQD.WT) today announced the appointment of Greg Chamandy to Chief Executive Officer, he also retains his role as Chairman, Liquid Nutrition. Chamandy replaces Glenn Young who will be leaving the company but will remain a special consultant to Chamandy on Canadian franchise sales.
Chamandy and his wife Chantal Chamandy purchased the original Liquid Nutrition store from its founders in 2008 after a successful career building world class companies. Together, they created the Liquid Nutrition Group Inc. to market and sell Liquid Nutrition franchise stores.
From 1984 until 2004 he was Chairman and Chief Executive Officer of Gildan Activewear Inc. a leading supplier of quality branded basic family apparel, including T-shirts, fleece, sport shirts, socks and underwear, which he co-founded with his brother. In 2005, Chamandy became Chairman and co-owner of Europe's Best Inc., North America's largest selling brand of frozen fruit, which was acquired by JM Smucker in 2008.
"I am excited about taking on a more active role in leading Liquid Nutrition through our aggressive growth plans," said Chamandy. "I also want to thank Glenn for his contribution in helping to build the Liquid Nutrition brand to this point. Working closely with our experienced senior leadership team, our Board of Directors, and Team Liquid, I am confident that we have the right strategy in place to make Liquid Nutrition a North American and Global franchise success and a leading brand in the rapidly growing health and wellness industry," added Chamandy.
Liquid Nutrition Group Inc. (LNGI) (TSX VENTURE:LQD)(TSX VENTURE:LQD.WT) is a rapidly growing, hybrid retailer of functional beverages, fresh pressed juices, vitamins and supplements. Liquid Nutrition is committed to building a global brand in the health and wellness industry by bringing its healthy and delicious product offering to communities around the world. Through its wholly-owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI has signed franchise agreements for more than 80 stores across Canada, as well as license agreement in the Caribbean and the Middle East. For store locations, business opportunities or more information visit www.liquidnutrition.com. Please join Liquid Nutrition on Facebook and follow on Twitter @liquidnutrition.
Comprised of pro-athletes and experts in the world of sports, fitness and nutrition, members of Team Liquid were selected based on their personal and professional dedication to healthy active living. Members of the Team Liquid include: Steve Nash, Matt Ryan, Suzann Pettersen, Russell Martin, Vincent Lecavalier, Torah Bright, Elaine Hastings, RD, LD/N, CSSD, Nutritionist, Trish Stratus, seven-time WWE World Champion and Yoga and Fitness icon, and Arlene Dickinson from CBC's Dragon's Den. To see what the Team Liquid has to say about Liquid Nutrition, please visit: www.youtube.com/watch?v=da785AGWQqk.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this release and neither accepts responsibility for the adequacy or accuracy of this release.
Liquid Nutrition Group Inc.
Evan Brown, CFO
CHF Investor Relations
Director of Operations
(416) 868-1079 x 225