Liquid Nutrition Group Inc. (“Liquid Nutrition” or “Company”) (TSXV: LQD and LQD.WT) today announced the appointments of David Bellisario to Chief Operating Officer (COO) and Greg Chamandy to Executive Chairman, effective immediately.
In the role of COO, David Bellisario brings a lifetime of retail expertise. His most notable successes were running the family-owned chain of 45 gift stores called ‘The Keyman’ before it was sold in 2012 to ‘Things Remembered’; and founding ‘Teaopia’ in 2005, a premier loose-leaf tea retailer, that grew to 48 locations before he sold the enterprise in June 2012 to Teavana (subsequently sold to Starbucks). Bellisario will be responsible for all aspects of the Company’s retail operations including the leasing, merchandising, design, building and administration of the Liquid Nutrition stores.
Bellisario coming on board as COO means that President and CEO Glenn Young will now focus on developing Liquid Nutrition’s brand potential and growth strategy through both franchise sales and licensed products.
Both Mr. Bellisario and Mr. Young will report to Greg Chamandy. Mr. Chamandy's role with the Company will be expanding from Chairman to Executive Chairman.
“We are extremely pleased to have attracted David Bellisario, a leading retail and franchise expert to be a part of Liquid Nutrition’s leadership team. We are in the process of building a world class management structure to support the rapid growth of Liquid Nutrition, and to ensure that we maximize the value of Liquid Nutrition for our shareholders,” commented Greg Chamandy, Executive Chairman.
About Liquid Nutrition Group Inc.
Liquid Nutrition Group Inc. (LNGI) (TSXV: LQD and LQD.WT) is a rapidly growing functional beverage, vitamin and supplement store brand committed to bringing healthy and delicious eating to communities around the world. Through its wholly-owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI has signed franchise agreements for over 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 us on Twitter @liquidnutrition.
About Team Liquid
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 Lecavallier, Tora 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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