LifeVantage Welcomes Rajendran Anbalagan to the Board of Directors; Thanks Erin Brockovich for Her Years of Service
LifeVantage (Nasdaq: LFVN) has announced the appointment of Rajendran Anbalagan to its Board of Directors, effective immediately. This strategic move follows a comprehensive search for a candidate with transformational digital skills. Mr. Anbalagan brings extensive technology experience and a deep understanding of leveraging digital tools for operational excellence.
Simultaneously, Erin Brockovich has resigned from the Board after five years of service to make room for Mr. Anbalagan. The company expressed gratitude for Ms. Brockovich's contributions, citing her diverse legal and business background and renowned advocacy experience as valuable assets during her tenure.
LifeVantage (Nasdaq: LFVN) ha annunciato la nomina di Rajendran Anbalagan nel suo Consiglio di Amministrazione, con effetto immediato. Questa mossa strategica segue una ricerca approfondita di un candidato con competenze digitali trasformative. Il signor Anbalagan porta con sé una vasta esperienza tecnologica e una profonda comprensione dell'utilizzo degli strumenti digitali per l'eccellenza operativa.
Contestualmente, Erin Brockovich si è dimessa dal Consiglio dopo cinque anni di servizio per fare spazio al signor Anbalagan. L'azienda ha espresso gratitudine per i contributi della signora Brockovich, citando il suo background legale e commerciale diversificato e la sua rinomata esperienza di advocacy come risorse preziose durante il suo mandato.
LifeVantage (Nasdaq: LFVN) ha anunciado el nombramiento de Rajendran Anbalagan en su Junta Directiva, con efecto inmediato. Este movimiento estratégico sigue a una búsqueda exhaustiva de un candidato con habilidades digitales transformadoras. El Sr. Anbalagan aporta una amplia experiencia tecnológica y un profundo conocimiento del aprovechamiento de herramientas digitales para la excelencia operativa.
Simultáneamente, Erin Brockovich ha dimitido de la Junta tras cinco años de servicio para dar paso al Sr. Anbalagan. La empresa expresó su agradecimiento por las contribuciones de la Sra. Brockovich, citando su diversa trayectoria legal y empresarial, así como su reconocida experiencia en defensa como activos valiosos durante su mandato.
LifeVantage (Nasdaq: LFVN)가 즉시 발효되는 이사회의 Rajendran Anbalagan의 임명을 발표했습니다. 이 전략적 결정은 변혁적 디지털 기술을 가진 후보자를 찾기 위한 포괄적인 검색 후에 이루어졌습니다. Anbalagan 씨는 광범위한 기술 경험과 운영에서의 우수성을 위한 디지털 도구 활용에 대한 깊은 이해를 제공합니다.
동시에, Erin Brockovich는 Anbalagan 씨를 위해 자리 양보를 하기 위해 5년간의 봉사 후 이사회를 사임했습니다. 회사는 Brockovich 씨의 기여에 감사하며, 그녀의 다양한 법률 및 비즈니스 배경과 잘 알려진 옹호 경험이 그녀의 재임 기간 동안 가치 있는 자산으로 작용했다고 언급했습니다.
LifeVantage (Nasdaq : LFVN) a annoncé la nomination de Rajendran Anbalagan au sein de son Conseil d'Administration, avec effet immédiat. Ce mouvement stratégique fait suite à une recherche approfondie d'un candidat possédant des compétences digitales transformatrices. M. Anbalagan apporte une vaste expérience technologique et une profonde compréhension de l'utilisation des outils numériques pour une excellence opérationnelle.
Simultanément, Erin Brockovich a démissionné du Conseil après cinq ans de service pour permettre à M. Anbalagan de prendre ses fonctions. L'entreprise a exprimé sa gratitude pour les contributions de Mme Brockovich, citant son parcours juridique et commercial diversifié ainsi que sa renommée en santé publique comme des atouts précieux durant son mandat.
LifeVantage (Nasdaq: LFVN) hat die Ernennung von Rajendran Anbalagan in seinen Vorstand bekannt gegeben, die sofort wirksam wird. Diese strategische Entscheidung folgt auf eine umfassende Suche nach einem Kandidaten mit transformierenden digitalen Fähigkeiten. Herr Anbalagan bringt umfassende Technologieerfahrung und ein tiefes Verständnis dafür mit, wie digitale Werkzeuge zur operativen Exzellenz genutzt werden können.
Gleichzeitig hat Erin Brockovich nach fünf Jahren Dienst im Vorstand resigniert, um Platz für Herrn Anbalagan zu schaffen. Das Unternehmen drückte seine Dankbarkeit für die Beiträge von Frau Brockovich aus und nannte ihren vielfältigen rechtlichen und geschäftlichen Hintergrund sowie ihre renommierte Interessenvertretungserfahrung als wertvolle Ressourcen während ihrer Amtszeit.
- Appointment of Rajendran Anbalagan brings extensive technology experience to the Board
- Strategic focus on enhancing digital capabilities and operational excellence
- Potential for improved customer experience through technology investments
- Departure of Erin Brockovich from the Board after five years of service
SALT LAKE CITY, Aug. 26, 2024 (GLOBE NEWSWIRE) -- LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, announced the appointment of Rajendran Anbalagan to the Company’s Board of Directors effective today. The appointment comes after the Board conducted a comprehensive search to identify a candidate with transformational digital skills and identified Mr. Anbalagan as an exceptional choice.
“We are very excited to welcome Rajendran Anbalagan to the LifeVantage Board,” said Ray Greer, Chairman. “Raj brings extensive technology experience along with a deep understanding of how to leverage digital tools to drive operational excellence. His perspective will be invaluable as we continue to invest in technology solutions to enhance the customer experience and propel our future growth.”
“I am honored to join the Board at this pivotal moment and contribute to shaping transformative digital strategies,” said Mr. Anbalagan. “I look forward to collaborating with this talented team of executives and directors to leverage the power of the LifeVantage brand, advancing the Company’s mission and growth strategy.”
After five years of service, Erin Brockovich agreed to resign effective today to make room for the appointment of Raj to the Board.
“Erin’s diverse legal and business background along with her renowned advocacy experience provided valuable insights to the Board,” said Greer. “We thank Erin for her years of service and wish her the best in future endeavors as she continues to make a difference for so many.”
“I am so grateful for my time on the Board,” said Ms. Brockovich. “LifeVantage’s mission to offer people around the world a better path to wellness is so ingrained in their every day. The entire LifeVantage team, including the Company’s Independent Consultants, have had a profound impact on my life and I plan to continue partnering and supporting them long into the future.”
About Rajendran Anbalagan
Raj has over twenty years of experience managing and executing large technology and e-commerce programs. He has served as Chief Information and Product Transformation Officer at Caesars Entertainment (“Caesars”) since June 2023, where he is responsible for technology and digital growth of the company. Prior to joining Caesars, from December 2011 to May 2023, Raj served as Senior Vice President of Digital Technology & Innovation at Panera LLC (“Panera”), where he was responsible for guiding product strategy on digital technology advancements, growth innovation, and enterprise architecture. Prior to joining Panera, from 1998 to 2011, Raj worked in various executive leadership positions at AT&T, overseeing global distribution organization and technology integration across a multitude of products and platforms. Raj earned a Bachelor of Computer Science and Engineering from the University of Madras in 1997 and a Master of Business Administration from University of Missouri-Saint Louis in 2008.
About LifeVantage Corporation
LifeVantage Corporation (Nasdaq: LFVN), the activation company, is a pioneer in nutrigenomics, the study of how nutrition and naturally occurring compounds affect human genes to support good health. The Company engages in the identification, research, development, formulation and sale of advanced nutrigenomic activators, dietary supplements, nootropics, pre- and probiotics, weight management, and skin and hair care products. The Company’s line of scientifically-validated dietary supplements includes its flagship Protandim® family of products, LifeVantage® Omega+, ProBio, IC Bright®, Daily Wellness, Rise AM, Reset PM, and D3+ dietary supplements, and the TrueScience® line of skin and hair care products and Liquid Collagen. The Company also markets and sells Petandim®, its companion pet supplement formulated to combat oxidative stress in dogs, and Axio® its nootropic energy drink mixes. LifeVantage was founded in 2003 and is headquartered in Lehi, Utah. For more information, visit www.lifevantage.com.
Public Relations Contact:
Jennifer Rumble, CerconeBrownCompany
(704) 923-6378
jrumble@cerconebrown.com
Investor Relations Contact:
Reed Anderson, ICR
(646) 277-1260
reed.anderson@icrinc.com
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