Smart for Life Announces Appointment of Jessica Walters as Chief Marketing Officer
09 July 2024 - 10:30PM
Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the
“Company”), a leader in the Health & Wellness sector
specializing in the marketing and manufacturing of nutritional
supplements and foods, today announced that it has appointed
Jessica Walters as the Company’s new Chief Marketing Officer. Ms.
Walter’s appointment as CMO is believed by management to position
Smart for Life for long term growth and utilize the Company’s IP
from its acquisitions to increase sales opportunities across its
portfolio.
“Our appointment of Jessica Walters as CMO
represents a strategic effort to broaden our reach and strengthen
our position in the Health and Wellness industry,” stated Darren
Minton, CEO of Smart for Life. “Ms. Walters is a highly seasoned
digital marketing executive who has provided comprehensive
consulting services for a broad range of companies in various
industries prior to her appointment. Her mandate at Smart for Life
includes utilizing the core IP from our acquisitions and various
marketing platforms to enhance our sales capabilities.”
A.J. Cervantes, Jr., Chairman added, “The team
at Smart for Life has been hard at work re-purposing the IP from
our marketing platforms for use with our various operating
subsidiaries. Under Ms. Walter’s leadership, this IP is expected to
be further expanded to include a roll-out positioned for our future
acquisition targets, in addition to offering the marketing service
to our contract manufacturing clients as well.”
Ms. Walters brings to Smart for Life a proven
expertise in lead generation, conversion, database management and
affiliate marketing expertise. With strong entrepreneurial skills
and as a former Shark Tank contestant, Ms. Walters is able to
quickly identify opportunities, assess market demand, and inform
strategic data-driven decision making. She has guided companies
such as Equinox, LIV Golf, Platinum Nightlife and Unstoppable
Caching in developing and maintaining strong brands. Ms. Walters
has established herself at the forefront of driving innovation in
multiple industries, blending her experience in traditional sales
with cutting-edge applications of affiliate marketing in branding,
marketing and sales strategies.
“My focus at Smart for Life is bringing the
overall marketing initiatives to Fortune 500 standards, with the
ultimate goal of helping the Company achieve its stated objective
of reaching $100 million in revenue by complimenting their M&A
strategy in the nutraceutical space,” stated Ms. Walters, Smart for
Life’s new Chief Marketing Officer. “I am excited to leverage not
only my relevant experience and background across numerous
industries, but also the Company’s core IP to enhance the sales
channels at Smart for Life and drive the future affiliate marketing
initiatives across all levels of the organization.”
For media inquiries or to schedule interviews
with Smart for Life representatives, please contact:
media@smartforlifecorp.com.
About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is an
emerging growth company in the nutraceutical industry, committed to
delivering innovative solutions that promote Health & Wellness.
With a focus on research-driven formulations and consumer-centric
approaches, Smart for Life is dedicated to redefining the
boundaries of nutritional science. The Company is engaged in the
development, marketing, manufacturing, acquisition, operation and
sale of a broad spectrum of nutritional and products. Structured as
a publicly held holding company, the Company is executing a
Buy-and-Build strategy with serial accretive acquisitions creating
a vertically integrated company. To drive growth and earnings,
Smart for Life is developing proprietary and related products as
well as acquiring other profitable companies, encompassing brands,
manufacturing and distribution channels. The Company recently
concluded the execution of a restructuring plan including
recapitalization of the Company with equity and debt financings,
the sale of certain non-performing assets, the sale and leaseback
of the Company’s 18,000 sq. ft. Doral manufacturing facility and
the successful liquidation of the Company’s senior debt facility.
In addition, the Company converted substantial debt obligations to
equity materially improving the Company’s balance sheet. The
Company has signed a definitive agreement for the acquisition of
Purely Optimal Nutrition, which is expected to add additional
revenue and EBITDA. For more information about Smart for Life,
please visit: www.smartforlifecorp.com.
Forward-Looking Statements
This press release may contain information about
our views of future expectations, plans and prospects that
constitute forward-looking statements. All forward-looking
statements are based on management’s beliefs, assumptions and
expectations of Smart for Life’s future economic performance,
taking into account the information currently available to it.
These statements are not statements of historical fact. Although
Smart for Life believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be attained. Smart
for Life does not undertake any duty to update any statements
contained herein (including any forward-looking statements), except
as required by law. No assurances can be made that Smart for Life
will successfully acquire its acquisition targets. Forward-looking
statements are subject to a number of factors, risks and
uncertainties, some of which are not currently known to us, that
may cause Smart for Life’s actual results, performance or financial
condition to be materially different from the expectations of
future results, performance or financial position. Actual results
may differ materially from the expectations discussed in
forward-looking statements. Factors that could cause actual results
to differ materially from expectations include general industry
considerations, regulatory changes, changes in local or national
economic conditions and other risks set forth in “Risk Factors”
included in our filings with the Securities and Exchange
Commission.
Disclaimer
The information provided in this press release
is intended for general knowledge only and is not a substitute for
professional medical advice or treatment for specific medical
conditions. Always seek the advice of your physician or other
qualified health care provider with any questions you may have
regarding a medical condition. This information is not intended to
diagnose, treat, cure or prevent any disease.
Investor Relations Contact
Crescendo Communications, LLCTel: (212)
671-1021SMFL@crescendo-ir.com
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