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Stemtech Announces the Departure of Ray Carter

Tuesday, February 5th 2019 at 1:00pm UTC

MIRAMAR, Fla.–(BUSINESS WIRE)– Stemtech Corporation thanks Ray C. Carter, Jr. for his 15 years of
service and commitment to the Company as Founder and CEO. For personal
reasons, Ray has stepped down as CEO but will be accessible to the
Company on an as needed basis. Stemtech`s Board of Directors, Darryl
Green, Michael Blank, Robert Grinberg, Benjamin Kaplan, and Charles
Arnold, plus the Company`s approximately 30,000 distributors around the
world, wish Mr. Carter great success in his future endeavors.

David Casanova is promoted to President of Global Sales and Marketing
with the responsibility to drive global sales and Corporate growth. Mr.
Casanova commented, “We are now preparing to expand our distributor base
and provide additional and unique products for our growing user base.”
Darryl Green, Chairman of the Board commented, “We are confident that
with David`s experience and passion for our Stemtech products combined
with his leadership and fresh ideas will provide Stemtech the pathway to
become the next Billion Dollar Company in the Direct Selling Industry.”

The Board of Directors appointed Victoria Rudman Chief Financial
Officer. Ms. Rudman has over 20 years of professional experience in
multiple aspects of leadership, operations, accounting, finance,
taxation and fiscal management. The majority of her career has been in
Fortune 50 global investment bank and retail brokerage firms as well as
small cap public companies and startup ventures. Ms. Rudman commented,
“I am very excited for the opportunities that arise out of a changing
environment and looking forward to working together with the stellar
management team (https://stemtech.com/us/en/Company/ManagementTeam)
currently in place around the globe.”

Mr. John W. Meyer, Chief Operating Officer, commented, “The success of
our existing product offerings for 15 years, along with new products
nearing launch, I am more thrilled about the future growth and expansion
of our Company and our independent business partners (IBP’s).”

About Stemtech – Originally founded in 2005, Stemtech has pioneered a
new category of dietary supplement – cellular nutrition powered by
natural stem cell technology, which has changed the landscape of health
and wellness forever. Stemtech’s patented natural products are designed
to support the body’s renewal system of adult stem cells and are sold in
nearly 50 countries worldwide. For more information, please visit www.stemtech.com.

Contacts

Stemtech Corporation
Media contact:
Claudia Schnell,
954-715-6000 x 1038
cschnell@stemtech.com
www.stemtech.com

Source: Stemtech Corporation


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