Trident Brands Incorporated Announces 1st Acquisition, Management Team and Board of Directors
April 03 2014 - 10:30AM
Marketwired
Trident Brands Incorporated Announces 1st Acquisition, Management
Team and Board of Directors
TORONTO--(Marketwired - Apr 3, 2014) - Trident Brands
Incorporated (OTCQB: TDNT) recently announced the installation of a
management team. "With corporate structure completed and governance
practices in place, we now have a foundation that allows Trident to
transition into commercial operations. Today's announcement of
its 1st acquisition and appointment of a veteran management
group are the first key steps in establishing operations and
achieving ambitious revenue goals," says Mark Holcombe,
outgoing Chief Executive, now Chairman of the Board of Directors
and Chairman of the Compensation Committee.
1st Acquisition Trident Brands is
pleased to announce its 1st acquisition, Everlast Sports Nutrition.
The preeminent brand in boxing since 1910, Everlast is a global
leader in the design, manufacturing, licensing and marketing of
authentic boxing, mixed martial arts and fitness related sporting
goods equipment, apparel, footwear, and accessories. Everlast's
products are sold to over 20,000 retail locations throughout the
United States and Canada, including a variety of department stores,
specialty stores, catalog operations, better mass merchandisers and
online. In 2013 Everlast revenues grew to over $600 Million.
Trident's license agreement with Everlast World's Boxing
Headquarters Corp., International Brand Management Limited enables
it to introduce a portfolio of nutritional products in categories
such as supplements and functional food products using this famous
brand mark.
Management team and
Board of Directors
Michael Browne was appointed as President. Mr. Browne is a sales
and marketing professional with a leadership resume in
industry-leading consumer products companies: Kellogg, Frito-Lay,
Mars Inc. and Miller-Coors. He has over 25 years' business
experience spanning both North American and international
markets.
Mark Holcombe was appointed as Chairman of the Board of
Directors and Chairman of the Compensation Committee. Mr. Holcombe
has over 23 years of experience in Investment Banking. Mark is a
Senior Advisor to IFG Capital Management, LLC based in NYC.
Donald MacPhee was appointed to the Company's Board of
Directors, Chairman of the Audit Committee and member of the
Corporate Governance Committee. Mr. MacPhee is partner and
co-founder of Continental Ingredients (established1994) with over
30 years of experience in the food and beverage ingredient
industry. Don will provide guidance to the Trident Board relating
to product development, sourcing, and supply chain management.
Scott Chapman was appointed to the Company's Board of Directors,
Chairman of the Corporate Governance Committee, member of the Audit
Committee and member of the Compensation Committee. Mr.
Chapman is an investment professional with over 20 years of
experience in corporate finance, venture capital and financial
markets. Scott has held senior positions with Verdmont Capital
(Panama), Lines Overseas Management (Bermuda, Bahamas) and Midland
Walwyn (Canada).
Peter Salvo was appointed as Controller. Mr. Salvo is a
professional accountant with over 20 years of experience in
manufacturing, most notably in the automotive industry. Mr. Salvo
received his CMA designation in 1985 and holds a BComm from
McMaster University. He also has a DFA-Distinguished Financial
Advisor designation-Tax Services Specialist.
Trident Brands Incorporated is a business development company
focused on identifying and building exceptional growth brands in
dynamic consumer segments.
www.tridentbrands.com
Trident Brands Incorporated 1-888-593-0181
info@tridentbrands.com
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