Hoboken, N.J. * The Hain Celestial Group, Inc. (NASDAQ: HAIN) has appointed Chad Marquardt as the new President of North America. Marquardt will be taking on the responsibility of leading strategy and execution in the U.S. and Canada, playing a critical role in delivering the company's multiyear Hain Reimagined strategic transformation. His tenure at Hain is set to commence on March 25, 2024.
Marquardt's appointment is backed by his extensive experience in the better-for-you consumer packaged goods space. Wendy Davidson, President and Chief Executive Officer of Hain Celestial Group, emphasized Marquardt's strategic prowess, citing his track record in building high-performing teams and successfully leading organizations through complex transformations while driving long-term, profitable growth.
Before joining Hain, Marquardt held the position of Chief Customer Officer * Americas at Glanbia Performance Nutrition (GPN), overseeing commercial delivery across the company's portfolio of snacks, beverages, and supplement brands in the U.S., Canada, and Latin America. Prior to GPN, he spent four years at Reckitt Benckiser, where he held various executive roles in retail sales and global integration, driving growth of its portfolio of brands including Enfamil baby formula, Clearasil personal care, and Lysol disinfectant, among others. Marquardt also spent seven years at Mead Johnson Nutrition focusing on customer development and retail sales in the U.S. and Canada, and began his career at Unilever.
Expressing his excitement about joining Hain Celestial Group, Marquardt remarked, "Hain has an outstanding portfolio of leading, purpose-driven brands and its unique focus on better-for-you gives the company a competitive edge in partnering with customers and delivering on the evolving needs of health-conscious consumers."
Hain Celestial Group, headquartered in Hoboken, N.J., is a leading health and wellness company with products marketed and sold in over 75 countries. Its portfolio includes beloved brands such as Garden Veggie snacks, Terra chips, Earth's Best and Ella's Kitchen baby and kids foods, Celestial Seasonings® teas, Greek Gods yogurt, and Alba Botanica natural sun care, among others. Following these announcements, the company's shares moved -1.9%, and are now trading at a price of $8.46. Check out the company's full 8-K submission here.
