Natural Alternatives Posts Record 4Q Sales, Executive Personnel ChangesNatural Alternatives Posts Record 4Q Sales, Executive Personnel Changes
August 21, 2006
SAN MARCOS, Calif.—Natural Alternative International Inc. (NASDAQ:NAII) reported record sales of $33 million for its fourth quarter, surpassing the record sales of $24.7 million achieved in 4Q fiscal 2005. The company also announced changes to its executive team.
John Dullea has assumed additional responsibilities as executive vice president (VP) of NAI and will be responsible for all its sales and marketing activities. Dullea also serves as president of Real Health Laboratories Inc., NAI’s recently acquired, wholly-owned subsidiary. Tim Belanger, former senior VP of sales and marketing, and Mark Zimmerman, former VP of operations, are no longer with the company.
“We wish Messrs. Belanger and Zimmerman well and appreciate their accomplishments at NAI,” said Randell Weaver, president of NAII (www.naionline.com). “We are confident that the realignment of our executive management team will enable us to maintain our commitment to growing and strengthening relationships with both new and existing highly valued, contract manufacturing customers, and our strategic focus on marketing our own branded products in new distribution channels.”
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