MONTANA NATURALS ANNOUNCES NEW POST FOR BROOKS
MONTANA NATURALS ANNOUNCES NEW POST FOR BROOKS ARLEE, Mont., June 30 /PRNewswire/ -- Montana Naturals Int'l. Inc.
reported that Leslie V. Brooks was appointed president and chief executive officer of the company at its board of directors meeting June 25.
Brooks was previously named executive vice president, acting chief executive officer, treasurer and director last November after Ronald O. Hauge, the company's founder, resigned as president and chief executive officer. Brooks joined the company in March of 1990 as vice president of Finance and chief finance officer. He holds a bachelor's degree in business with a major in management from Memphis State University and an M.B.A. with a major in accounting from Michigan State University. He also holds a C.P.A. certificate from the State of Tennessee. The company successfully reported its first-quarter profits at $80,471, compared to a loss of $157,128 for the same period the previous year. Brooks stated, "We're pleased with the progress we've made this year. We expect to announce a profitable second quarter, although net income may not be as high as it was in the first quarter." The company also announced that Hauge, who became the company's marketing and product development consultant at the time of his resignation, will be leaving that role to pursue other interests. Hauge spent nearly 10 years developing the company's products and establishing markets and distribution domestically and abroad. He also was responsible for taking the company public in 1987 through a successful $1,000,000 public offering. He will continue to serve as a director for the company. Montana Naturals is a publicly held Montana corporation engaged in the manufacturing and marketing of nutritional supplements for domestic and international distribution. The company employs 35 people with annual sales of $4,000,000. -0- 6/30/92 /CONTACT: Leslie V. Brooks of Montana Naturals Int'l., 406-726-3214; or Jon Marchi, chairman of the board of directors of Montana Naturals Int'l., 406-883-5470/ CO: Montana Naturals Int'l. Inc. ST: Montana IN: SU: PER
SC-JH -- SE014 -- 5409 06/30/92 18:28 EDT
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|Date:||Jun 30, 1992|
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