Bionutrics Elects Two New Directors.PHOENIX, Ariz.--(BUSINESS WIRE)--April 1, 1999--Bionutrics, Inc. (Nasdaq: BNRX), a biopharmaceutical company, today announced that it's board of directors elected Mr. Robert Goergen and Mr. Donald Winkler Winkler may refer to:
Dr. Ronald Lane, Bionutric's Chief Executive Officer stated, "I am very pleased with the addition of Robert Goergen and Donald Winkler to our board of directors. The experience of these seasoned CEOs will be a strong compliment in depth and perspective to our Board and I look forward to their contribution to our company." Goergen is the Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Blyth Industries, Inc., which he built into an $875 million NYSE NYSE See: New York Stock Exchange listed public company. He is also Chairman of XTRA XTRA Extra XTRA X-band Thin Radar Aperture (US DoD) XTRA Xml Transaction Architecture Corporation, the largest trailer leasing company in the U.S. and a NYSE listed public company. Goergen is also Chairman of The Ropart Group, a private investment company trading for its own account. Previously, he was an Executive Vice President of Donaldson, Lufkin & Jenrette, Inc. and a principal of McKinsey & Company, Inc. Winkler is Chairman and CEO of Finance One Corporation, a $41 billion dollar non-bank subsidiary Non-bank subsidiaries, are firms owned by bank holding companies which offer non-bank products and services, such as insurance and investment advice, and do not offer FDIC insured banking products, such as checking and savings accounts. of Bank One Corporation, since 1993. Prior to creating and leading Finance One Corporation, Winkler had a seventeen-year career with Citibank, during which he managed all consumer business for the bank in Southern Europe Southern Europe or sometimes Mediterranean Europe is a region of the European continent. There is no clear definition of the term which can vary depending on whether geographic, cultural, linguistic or historical factors are taken into account. , Africa and the Middle East. Bionutrics is an emerging biopharmaceutical company founded to discover and develop novel, biologically active compounds derived from natural sources. Natural, biologically active compounds have potential applications as ethical drugs as well as functional food ingredients and dietary supplements Noun 1. dietary supplement - something added to complete a diet or to make up for a dietary deficiency diet - a prescribed selection of foods vitamin pill - a pill containing one or more vitamins; taken as a dietary supplement . Bionutrics intends to develop and market products that target these three applications, and also market commodities that result from its processing of natural products. Bionutric's first patented product contains tocotrienols from rice bran that are currently marketed as Clearesterol(TM), an ingredient for dietary supplements. The first brand that has been introduced is evolvE(R), Advanced Cardiovascular Dietary Supplement with cholesterol-lowering, anti-oxidation and healthy blood circulation properties. |
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