St. Paul, MN - Privately held Larex Incorporated announces a key addition to its Board of Directors. Mr. Brian J. Ranallo joins Larex's Board with 15 years of service at U.S. Bancorp Piper Jaffray (NYSE:USB), the most recent four years as a member of the firm's senior management committee. Mr. Ranallo has also held different senior management positions at Piper Jaffray, responsible for Human Resources, Marketing, PR, Technology Operations and Risk Management. Bo Nickoloff, Larex President and CEO stated, "We are very pleased to have Brian join the Larex Board. He brings valuable expertise in evaluating business operations, strategic planning and sales & marketing which will further strengthen the Board as it guides Larex to a profitable and prosperous future."
Larex, Inc. is the exclusive global manufacturer of larch arabinogalactan, an FDA approved functional ingredient with GRAS status, used in the food and beverage, health supplement, personal care, and animal care industries.