Morristown, N.J., May 11, 2020 – OmniActive Health Technologies (“OmniActive” or “the Company”), which offers a wide range of premium, scientifically-validated ingredients for customers in the dietary supplement and functional food and beverage space, announced today that its Board of Directors has named Jim Hamilton, as its new global CEO. The appointment is effective June 1st and Mr. Hamilton will be based in the USA.
For the last 15 years, OmniActive has grown under the leadership of its founder Sanjaya Mariwala, who becomes Executive Chairman. “I am delighted to announce Jim’s appointment and believe he is the right leader for OmniActive for our next phase of growth,” Mr. Mariwala commented. “He has a proven track record of successfully driving businesses forward and positioning them for success.”
Mr. Hamilton has spent over 35 years in the nutrition products industry serving in a variety of executive positions. Most recently, he served as President and CEO of Neptune Wellness Solutions (NASDAQ – TSX: NEPT), where, during his five-year tenure, he planned and delivered a significant turnaround of the business through acquisitions and timely divestures. Prior to this he was a member of DSM Nutritional Products Human Nutrition business global management team with responsibility for the North American region.
“I am excited to join OmniActive, a company with an impressive history and an exceptionally bright future,” Mr. Hamilton said. “I have known OmniActive for many years and have great respect for what it has accomplished, as well as its fantastic products, deep relationships with its customers, and great team. It is uniquely positioned for success in an industry that provides great health and wellbeing benefits and who’s role today has never been more important.”
OmniActive Health Technologies (omniactives.com) offers scientifically validated, sustainable, IP-protected, health benefit solutions from natural sources for customers in the dietary supplement and functional food and beverage space. OmniActive’s mission is improving lives through enhancing nutrition – through branded health benefit solutions that consumers demand in top categories such as: active wellness and physical performance; metabolic health and weight wellness; vision, cognition and mental wellness; and daily energy and productivity performance. Some of its leading brands include Lutemax 2020 in the eye health market, Capsimax® in the weight management market, and CurcuWIN® in the sports nutrition and active lifestyle market and enXtra and Xtenergy in the daily energy categories. Lutemax and CurcuWIN are also USP certified and Non-GMO Project Verified. With an established production, sales and distribution network in Asia, Europe, North America and South America, OmniActive is well-positioned to understand the unique needs and regulatory landscape of each market. Currently it has manufacturing plants across India, specifically in Pune, Bengaluru and Hosur, which are FDA GMP compliant. It also maintains head offices in Mumbai, India, as well as Morristown, New Jersey.