Nutrisystem Extends Joe Redling as Chief Executive Officer on an Interim Basis
27 Septiembre 2012 - 3:15PM
Business Wire
Nutrisystem, Inc. (NASDAQ: NTRI), a leading provider of weight
management products and services, today announced that Joe Redling,
chief executive officer, will remain with the company until
November 2, 2012. Mr. Redling was originally expected to leave the
company when his contract expires on September 30, 2012.
Mike Hagan, chairman of the board of directors, stated, “We are
continuing our search process for a permanent CEO to replace Joe
Redling, and expect to bring the process to conclusion shortly. In
the meantime, we are pleased that Joe has agreed to remain with us
on an interim basis. As we continue to execute on several major
strategic initiatives and prepare for the kickoff of the 2013 diet
season, his leadership and perspective will be valuable to us.”
About Nutrisystem, Inc.
Having helped Americans lose millions of pounds over the last 40
years, Nutrisystem, Inc. (NASDAQ: NTRI) develops evidence-based
programs for healthy weight management, and is the leading provider
of home-delivered weight loss meal plans. Nutrisystem offers
balanced nutrition in the form of low glycemic index meal plans
designed for men and women, including seniors, vegetarians and the
Nutrisystem® D® program for people with diabetes or at risk for
type 2 diabetes. Nutrisystem® plans include a wide variety of
pantry and fresh-frozen entrees and snacks to aid in program
satisfaction and adherence, as well as transition plans to support
long-term success. The Fort Washington, PA-based company also
provides weight management support and counseling by trained
weight-loss coaches and registered dietitians, as well as through
an engaged online community, online tools and trackers, mobile
apps, cookbooks and more. Healthcare professionals may learn more
about the programs by visiting www.nutrisystem.com/hcp. The Company
has also introduced a new in-store retail line, Nutrisystem®
Everyday™ products, comprised of nutritionally balanced bars,
smoothies, bakery and breakfast items aimed at consumers who aspire
to eat healthier. Nutrisystem is available directly to consumers
through www.nutrisystem.com, by phone (1-800-435-4074) and at
select retailers.
Forward-Looking Statement Disclaimer
Information provided and statements contained in this press
release that are not purely historical, such as the timing and
status of the Company’s CEO search, are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933,
Section 21E of the Securities Exchange Act of 1934 and the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements only speak as of the date of this press release and the
Company assumes no obligation to update the information included in
this press release. Statements made in this press release that are
forward-looking in nature may involve risks and uncertainties.
Accordingly, readers are cautioned that any such forward-looking
statements are not guarantees and are subject to certain risks,
uncertainties and assumptions that are difficult to predict,
including, without limitation, specific factors discussed herein
and in other releases and public filings made by the Company
(including filings by the Company with the Securities and Exchange
Commission). Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable as of
the date made, expectations may prove to have been materially
different from the results expressed or implied by such
forward-looking statements. Unless otherwise required by law, the
Company also disclaims any obligation to update its view of any
such risks or uncertainties or to announce publicly the result of
any revisions to the forward-looking statements made in this press
release.
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