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McDermott & Bull and Client ReNew Life Announce the Placement of John Theofanous as Director of Procurement and Sourcing

IRVINE, California, November 10, 2014 – McDermott & Bull, a Southern California-based retained executive search firm, announced the successful appointment of Mr. John Theofanous as Senior Director of Procurement and Sourcing with ReNew Life in Palm Harbor, Florida. He will report directly to ReNew Life CEO, Ron Fugate. ReNew Life is a rapidly growing dietary and nutritional supplement company owned by Swander Pace Capital, a leading private equity firm specializing in investments in growth-oriented, lower middle-market consumer products companies.

This executive recruiting engagement was conducted by Scott Meyer, Principal Consultant at McDermott & Bull Executive Search. According to Mr. Meyer, “John is the ideal executive for this critical position at ReNew Life. He has a world-class background in procurement and sourcing in the dietary and nutritional supplement category with an impressive list of accomplishments in establishing strong relationships with suppliers, assuring reliable supply chains, maintaining inventories in order to deliver top customer service, and providing product that exceeds minimum quality standards at the best available cost. John’s ‘can-do’ attitude and strong work ethic makes him a perfect fit with the rest of the ReNew Life senior management team.”

Mr. Theofanous is a well-rounded purchasing executive with a professional foundation in manufacturing and packaging, giving him unique insight in procurement and sourcing. Prior to his placement with ReNew Life, he was the Senior Director of Materials Procurement and Sourcing with Nutra Manufacturing, Inc. where he was responsible for all raw materials, packaging components, and manufacturing MRO.

Mr. Theofanous earned a Bachelor of Science degree in Textile and Apparel Management from North Carolina State University and a Masters of Business Administration from Clemson University.

About ReNew Life

For more than a decade, ReNew Life (www.renewlife.com) has been making superior quality products and functional foods using only the purest ingredients found in nature. Their philosophy has always been that only through proper digestion and a sensible diet can we obtain the nutrients necessary to improve our overall well-being, and it is this philosophy that continues to enable their customers to achieve and maintain the vibrant health they deserve. ReNew Life offers a full line of quality internal cleansing formulas and has developed a complete line of intestinal support formulas, daily fiber supplements, digestive enzymes, Omega Oils, high-potency probiotics, and natural weight management products. ReNew Life has expanded its product line to include the company’s main product line of Ultimate Flora probiotics; digestive cleanses; enzymes for digestive problems such as lactose intolerance and gas; fish oils; supplemental fiber; and specialty products for children and pets. The Ultimate Flora probiotic product line is the highest potency probiotic on the market, providing more probiotic strains and more colony forming units than competitive products—between 10 billion units and 200 billion units, in comparison to the average 5 billion units in other brands. In addition, Ultimate Flora uses a proprietary sustained release capsule technology allowing the product to survive stomach acid and dissolve in the lower gut where it is most beneficial. The product line has been traditionally distributed in the health food retail channel and is currently expanding into grocery, mass merchandisers, and drugstores, making the product line’s potency and efficacy superiority available to a larger audience of consumers.

About McDermott & Bull

McDermott & Bull, Inc. (www.mbsearch.com) is a retained executive search firm headquartered in Irvine, California. The firm serves both public and privately held clients in a variety of industries and functional areas. McDermott & Bull has developed expertise in fields including Aerospace & Defense, Technology, Financial Services, Consumer Products, Industrial Manufacturing, Restaurants/Retail, Entertainment, Food Manufacturing, Healthcare and Life Sciences, the Engineering & Construction / Building Industry, Professional Services, and other areas. Founded by Rod McDermott and Chris Bull, the firm specializes in recruiting difficult-to-find and critical senior level talent for its clients. McDermott & Bull has worked with a large number of prestigious clients including Broadcom, Cisco Systems, Chicken of the Sea, Western Digital, Golden State Foods, Google, Panda Restaurant Group, Honda Center/Anaheim Ducks, Comerica Bank, Union Bank, and portfolio companies owned by private equity funds including Riverside Company, Sun Capital Partners, ClearLight Partners, Swander Pace Capital, Chicago Growth Partners, and Riordan, Lewis & Hayden.

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