LifeVantage Corporation Announces Executive Leadership Change

Admin   |   07 February, 2015   |   431   |   3980

Independent Director Dave S. Manovich to serve as Executive Vice Chairman, Board forms search committee for new CEO

LifeVantage Corporation (“LifeVantage” or the “Company”) (Nasdaq:LFVN) announced today the appointment of Dave S. Manovich, an independent director of the Company, as Executive Vice Chairman, effective immediately. The Board and Douglas C. Robinson mutually agreed that Mr. Robinson will step down from his role as President, Chief Executive Officer and Board Member, effective immediately. The Board has formed a search committee to identify a qualified candidate to serve as the Company’s next CEO.

Furthermore, the Board has created an interim Office of the President consisting of LifeVantage’s Senior Operational Officers to provide seamless leadership continuity and continued execution across the Company’s strategic initiatives and oversee day to day operations.