ViSalus Names Todd Goergen Chief Strategy Officer
TROY, Mich, Aug. 16, 2012 /PRNewswire/ -- ViSalus today announced the appointment of Todd Goergen as Chief Strategy Officer. Mr. Goergen has served as Chairman of the ViSalus Board of Directors since Ropart Asset Management, of which he is Managing Partner, provided the original investment capital for ViSalus in 2006. Mr. Goergen is a member of ViSalus' senior executive team and reports directly to Ryan Blair, Co-Founder and Chief Executive Officer of ViSalus.
"Having Todd join us as a member of our executive leadership team is of great benefit to ViSalus and brings our long-standing partnership full-circle," stated Blair. "His leadership of our board for the past 6 years and his ongoing sound financial and operational counsel since the early days of ViSalus make him an ideal addition to our management team."
Mr. Goergen has been Managing Partner of Ropart Asset Management (RAM), a private equity firm that invests directly in small to midsize companies, since 2001. RAM utilizes a flexible strategy, investing throughout the capital structure and in multiple industries, including Business Services, Healthcare Services, Consumer Products, Financial Services, and Software/Technology. Mr. Goergen was an Analyst / Associate in Mergers and Acquisitions at Donaldson, Lufkin & Jenrette from 1994-1999.
Mr. Goergen received a BA in Economics and Political Science from Wake Forest University. He resides in Greenwich, Connecticut with his wife and son.
Founded in 2005 with headquarters in Los Angeles, CA and Troy, MI, ViSalus is the company behind the Body by Vi" Challenge, a 90-day health transformation platform. ViSalus champions personal victories and entrepreneurship through a social marketing model, premium products, and global community culture. ViSalus is majority-owned by Blyth, Inc. (BTH) Visit www.Vi.com, or join us at facebook.com/visalus or on Twitter @visalus.
Contact: Katie Turner, ICR