USA – The American organic and natural products company, Hain Celestial has appointed Seth Weis as the Senior Vice President of Business Development, effective immediately.
Mr. Weis will be reporting directly to Hain Celestial’s President and Chief Executive Officer Mark L. Schiller.
In this role, Mr. Weis 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.
Mr. Weis joins Hain Celestial from Treehouse Foods, Inc. where he served as Vice President, Corporate Development and Corporate Officer.
Previously, Mr. Weis served in various roles including most recently Vice President at Glencoe Capital Management, LLC and 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.
He succeeds Denise Faltischek, Executive Vice President, Chief Strategy Officer and Corporate Secretary who will leave the Company to pursue other opportunities on August 31, 2019.
Ms Faltischek has been hailed to have served in an integral role to help complete several merger and acquisitions.
Previously, she served for over eight years as Hain Celestial’s General Counsel. Additionally, Ms. Faltischek’s responsibilities as Hain Celestial’s Corporate Secretary will transition to Kristy Meringolo, Hain Celestial’s General Counsel and Chief Compliance Officer.
Ms. Faltischek, will work with the executive leadership team in the next few weeks to ensure a smooth transition.
Mark L. Schiller joined Hain Celestial last year in November from Pinnacle Foods, succeeding founder Irwin Simon who was named a non-executive chairman.
Earlier this month, Hain Celestial announced it had completed the sale of its WestSoy plant-based proteins business to Keystone Natural Holdings.
It is also in the process of divesting Hain Pure Protein business to private equity Aterian Investment Partners to US$80 million.