Edmonton, Alberta. Planet Organic Health Corp.(“Planet Organic”) – (TSX Venture Exchange – POH) announced today that Brent Knudsen has been appointed to the Board of Directors.
Mr. Knudsen is the managing partner of Partnership Capital Growth Advisors, LLC. Since 1983 Mr. Knudsen has focused his business development in the healthy and active living and aging markets. Prior to founding PCGA, Mr. Knudsen was an original partner in North Castle Partners where he was key in developing EAS, the leading active nutrition brand in the U.S., Red Door Spas, the dominant market presence in prestige salons and day spas and the original acquisition of Naked Juice.
His first work in the sector was when Mr. Knudsen focused on health care strategy and mergers and acquisitions while working at Bain and Company. This led him into serving as the original Vice President of Marketing and Business Development for Price Club, holding the same position at Costco before and after the merger of the two companies. Throughout his tenure, Mr. Knudsen witnessed growth from the startup stage to $20 billion in revenue to what it has become today, a $60 billion international retailer.
“We are thrilled to welcome Brent Knudsen to the Planet,” said Darren Krissie, VP & CFO. “With Brent’s experience in, and understanding of, today’s business environment he will be a valued member of the Planet Organic Health Corp. Board of Directors.”
ABOUT PLANET ORGANIC HEALTH CORP.
Planet Organic Health Corp. (TSX-V: POH), is a natural products industry company, comprising manufacturing, distribution and retail. Planet is listed on the TSX Venture Exchange as a Tier One company. In Canada, Planet operates eight natural food supermarkets under the Planet Organic Market banner, 52 natural health outlets under the Sangster’s Health Centre banner and seven natural health outlets under the Healthy’s banner. Another POHC company, Trophic Canada is the country’s leading manufacturer of natural supplements. In the U.S., Planet operates 11 supermarkets under the Mrs Greens Natural Markets banner. The Company has a total of 77 stores throughout North America.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Certain information included herein is forward-looking. Forward-looking statements include, without limitation, statements regarding the future financial position, business strategy, budgets, projected costs, capital expenditures, financial results, taxes and plans and objectives of or involving Planet. Many of these statements can be identified by looking for words such as “believe”, “expects”, “expected”, “will”, “intends”, “projects”, “anticipates”, “estimates”, “continues”. Planet Organic believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties some of which are described in Planet Organic’s continuous disclosure documents. Such forward-looking statements necessarily involve known and unknown risks and uncertainties and other factors, which may cause Planet Organic’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general economic, market and business conditions; industry capacity; competitive action by other companies; refining and marketing margins; the ability of suppliers to meet commitments; actions by governmental authorities including increases in taxes; changes in environmental and other regulations; and other factors, many of which are beyond the control of Planet Organic. Any forward-looking statements are made as of the date hereof and Planet Organic does not undertake any obligation, except as required under applicable law, to publicly update or revise such statements to reflect new information, subsequent or otherwise.