Omega Protein Integrates Human Nutrition Businesses
The company plans to further consolidate manufacturing operations and its animal nutrition segment
Omega Protein Corporation, a nutritional product company and provider of specialty oils, essential fatty acids and specialty protein products, announced plans to further integrate its Nutegrity human nutrition businesses. Nutegrity, which includes three businesses acquired from 2010 to 2013, and Bioriginal, acquired in September 2014, comprise the company's human nutrition segment.
The company plans to further consolidate oversight of the manufacturing operations of Nutegrity and its animal nutrition segment to leverage its operational expertise and innovation across segments. These manufacturing operations will be led by Montgomery Deihl, Senior Director of Operations. Mr. Deihl previously managed the Company's fishing operations and human nutrition grade fish oil refining and concentration facilities and reports directly to Bret Scholtes, President and Chief Executive Officer.
"We remain focused on prudently and strategically integrating our acquired and legacy businesses," commented Mr. Scholtes. "We believe this change will enable us to better leverage our manufacturing and operational strengths, drive innovation, and improve the performance of our human nutrition segment."
This change will complement the company's integration of its Nutegrity and Bioriginal sales teams currently underway. The Nutegrity sales team continues to be led by the Company's Chief Commercial Officer, Matthew Phillips, and the Bioriginal operations and sales teams continue to be led by Joseph Vidal, President of Bioriginal, both reporting directly to Mr. Scholtes. In connection with these changes, Terry Olson, formerly President of Nutegrity, has transitioned into a non-executive role effective January 1, 2015 and is expected to leave the Company by March 31, 2015.