FitLife Brands Announces Board Transition
FitLife Brands (NASDAQ: FTLF) announced a significant board transition with Todd Ordal's resignation after ten years of service, effective April 25, 2025. The company immediately appointed Shannon Pappas as an independent director to fill the vacancy.
Pappas brings over 25 years of experience in beauty, skincare, health, fitness, and consumer goods sectors. She will serve on the Audit, Compensation, and Nominating/Corporate Governance Committees. Her notable roles include Consumer President at Beauty Industry Group and President of The Proactiv Company, where she managed commercial operations and led the company's sale to Taro Pharmaceuticals.
The board transition aligns with FitLife's commitment to regular board composition refresh and good corporate governance practices. The company anticipates additional board changes over the next couple of years.
FitLife Brands (NASDAQ: FTLF) ha annunciato un importante cambiamento nel consiglio di amministrazione con le dimissioni di Todd Ordal, dopo dieci anni di servizio, effettive dal 25 aprile 2025. La società ha immediatamente nominato Shannon Pappas come direttrice indipendente per colmare la vacanza.
Pappas vanta oltre 25 anni di esperienza nei settori della bellezza, cura della pelle, salute, fitness e beni di consumo. Farà parte dei comitati Audit, Compensi e Nomine/Governance Aziendale. Tra i suoi ruoli più significativi figurano quello di Presidente Consumer presso Beauty Industry Group e Presidente di The Proactiv Company, dove ha gestito le operazioni commerciali e guidato la vendita dell’azienda a Taro Pharmaceuticals.
Il cambiamento nel consiglio riflette l’impegno di FitLife nel rinnovare regolarmente la composizione del board e nel mantenere buone pratiche di governance aziendale. L’azienda prevede ulteriori modifiche al consiglio nei prossimi anni.
FitLife Brands (NASDAQ: FTLF) anunció una transición importante en su junta directiva con la renuncia de Todd Ordal tras diez años de servicio, efectiva a partir del 25 de abril de 2025. La compañía nombró de inmediato a Shannon Pappas como directora independiente para cubrir la vacante.
Pappas aporta más de 25 años de experiencia en los sectores de belleza, cuidado de la piel, salud, fitness y bienes de consumo. Formará parte de los comités de Auditoría, Compensación y Nombramientos/Gobierno Corporativo. Sus roles destacados incluyen Presidenta de Consumer en Beauty Industry Group y Presidenta de The Proactiv Company, donde gestionó operaciones comerciales y lideró la venta de la empresa a Taro Pharmaceuticals.
La transición en la junta está alineada con el compromiso de FitLife de renovar regularmente la composición del consejo y mantener buenas prácticas de gobierno corporativo. La compañía anticipa más cambios en la junta en los próximos años.
FitLife Brands (NASDAQ: FTLF)는 10년간 재임한 Todd Ordal의 사임 소식을 2025년 4월 25일부로 발표했습니다. 회사는 즉시 Shannon Pappas를 독립 이사로 임명하여 공석을 채웠습니다.
Pappas는 뷰티, 스킨케어, 건강, 피트니스 및 소비재 분야에서 25년 이상의 경력을 보유하고 있습니다. 그녀는 감사위원회, 보상위원회, 지명/기업지배구조위원회에서 활동할 예정입니다. 주요 경력으로는 Beauty Industry Group의 소비자 부문 사장과 The Proactiv Company 사장직을 역임하며 상업 운영을 관리하고 회사의 Taro Pharmaceuticals 매각을 이끌었습니다.
이번 이사회 변화는 FitLife가 정기적으로 이사회 구성을 새롭게 하고 건전한 기업 지배구조를 유지하려는 의지를 반영합니다. 회사는 향후 몇 년간 추가 이사회 변동이 있을 것으로 예상하고 있습니다.
FitLife Brands (NASDAQ: FTLF) a annoncé une transition importante au sein de son conseil d’administration avec la démission de Todd Ordal après dix années de service, effective au 25 avril 2025. La société a immédiatement nommé Shannon Pappas en tant qu’administratrice indépendante pour pourvoir ce poste vacant.
Pappas possède plus de 25 ans d’expérience dans les secteurs de la beauté, des soins de la peau, de la santé, du fitness et des biens de consommation. Elle siègera aux comités d’audit, de rémunération et de nomination/gouvernance d’entreprise. Parmi ses fonctions notables figurent celle de présidente Consumer chez Beauty Industry Group et de présidente de The Proactiv Company, où elle a géré les opérations commerciales et piloté la vente de la société à Taro Pharmaceuticals.
Cette transition au sein du conseil s’inscrit dans l’engagement de FitLife à renouveler régulièrement la composition de son conseil et à appliquer de bonnes pratiques de gouvernance d’entreprise. La société prévoit d’autres changements au sein du conseil dans les prochaines années.
FitLife Brands (NASDAQ: FTLF) gab einen bedeutenden Wechsel im Vorstand bekannt: Todd Ordal tritt nach zehn Jahren im Amt zum 25. April 2025 zurück. Das Unternehmen ernannte umgehend Shannon Pappas als unabhängiges Vorstandsmitglied zur Nachbesetzung.
Pappas bringt über 25 Jahre Erfahrung in den Bereichen Schönheit, Hautpflege, Gesundheit, Fitness und Konsumgüter mit. Sie wird in den Ausschüssen für Prüfung, Vergütung sowie Nominierung/Corporate Governance tätig sein. Zu ihren bedeutenden Positionen zählen die Leitung des Consumer-Bereichs bei Beauty Industry Group und die Präsidentin der Proactiv Company, wo sie die kommerziellen Abläufe leitete und den Verkauf an Taro Pharmaceuticals verantwortete.
Der Wechsel im Vorstand entspricht FitLifes Engagement für eine regelmäßige Erneuerung der Vorstandsstruktur und gute Corporate-Governance-Praktiken. Das Unternehmen erwartet in den nächsten Jahren weitere Veränderungen im Vorstand.
- Appointment of experienced executive Shannon Pappas with relevant industry expertise in strategic growth and digital commerce
- Orderly board transition aligned with corporate governance best practices
- New director brings specific expertise in areas critical for company growth (digital commerce, market expansion, strategic growth)
- Loss of long-term board member with 10 years of strategic and organizational expertise
Omaha, NE, April 28, 2025 (GLOBE NEWSWIRE) -- FitLife Brands, Inc. (“FitLife” or the “Company”) (NASDAQ: FTLF), a provider of innovative and proprietary nutritional supplements and wellness products, announced today the resignation of Todd Ordal as a member of the Company’s Board of Directors. Mr. Ordal’s resignation, effective on April 25, 2025, was part of the Company’s ongoing commitment to refresh board composition on a regular basis in accordance with good corporate governance practices and was not the result of any disagreement with the Company’s management or the Board of Directors regarding any matter related to the Company or otherwise.
On April 25, 2025, the Board of Directors of the Company appointed Shannon Pappas as an independent director to fill the vacancy resulting from Mr. Ordal’s resignation. The Board also appointed Ms. Pappas to serve as a member of the Audit, Compensation, and Nominating/Corporate Governance Committees.
Ms. Pappas has over 25 years of experience in beauty, skincare, health, fitness, and consumer goods, with functional expertise in strategic growth, digital commerce, financial management, and market expansion for both public and private companies. Most recently, Ms. Pappas served as Consumer President & Head of Digital Commerce at Beauty Industry Group, a global hair extensions and beauty company. Prior to that, as President and General Manager of The Proactiv Company, a skincare brand, she managed commercial operations, finance, and market expansion. Ms. Pappas led the sale of The Proactiv Company and its integration into Taro Pharmaceuticals. Ms. Pappas also has management experience in the fitness industry, first at Beachbody LLC, and at the International Sports Sciences Association, where she achieved revenue growth through strategic digital marketing, lead optimization, and an expanded brand presence. Ms. Pappas also worked in strategy roles at The Wonderful Company and Boston Consulting Group, focusing on corporate growth and post-merger integration. Ms. Pappas holds an M.B.A. from Northwestern University’s Kellogg School of Management and a Bachelor of Science in Exercise and Sports Science from the University of Arizona, where she was a Division I athlete, varsity soccer captain, and varsity women’s basketball competitor.
Dayton Judd, FitLife’s Chairman and CEO, commented “On behalf of the Board of Directors, I thank Todd for his substantial contribution to FitLife. Over his ten years on the Board, Todd has been an incredible executive coach and has provided particularly helpful direction in the areas of strategy, marketing and organizational effectiveness. We will miss Todd’s expertise and insight and wish him well in his future endeavors.
“I am also pleased to welcome Shannon Pappas to FitLife’s Board of Directors. Shannon has a compelling track record with particular expertise in functional areas that are critical to the future success of the Company. We look forward to Shannon’s contributions as a member of the Board.”
Mr. Ordal commented “It has been a pleasure to serve with my fellow Board members over the past ten years. I’ve enjoyed watching Dayton and his team drive growth and revitalize the business. I am very confident in their continued success. Shannon will be a great addition to the board.”
Ms. Pappas commented “I’m honored to join FitLife’s Board of Directors at such a dynamic time for the company. With its strong foundation and growing portfolio of wellness brands, FitLife Brands is well-positioned to capitalize on evolving consumer trends. I look forward to collaborating with the Board and management team to help drive innovation, growth, and long-term value for shareholders.”
In accordance with good corporate governance practices, the Board of Directors intends to regularly evaluate Board composition and anticipates additional changes over the next couple of years.
About FitLife Brands
FitLife Brands is a developer and marketer of innovative and proprietary nutritional supplements and wellness products for health-conscious consumers. FitLife markets more than 250 different products primarily online, but also through domestic and international GNC® franchise locations as well as through various other retail locations. FitLife is headquartered in Omaha, Nebraska. For more information, please visit our website at www.fitlifebrands.com.
investor@fitlifebrands.com
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