$GLUC Celsius Holdings, Inc. Former CEO Gerry Davi
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Posted On: 06/04/2019 7:25:42 AM
$GLUC Celsius Holdings, Inc. Former CEO Gerry David Joins Glucose Health, Inc.Press Release | 06/04/2019
Gerry David has accepted appointment to the Board of Directors of Glucose Health, Inc. (OTC:GLUC). For five years, Mr. David served as President and Chief Executive Officer of Celsius Holdings Inc. (NASDAQ:CELH), the manufacturer of Celsius® “negative calorie” fitness drinks. Mr. David’s many achievements during his tenure included closing $31 million in new financing which turbo-charged growth of the Celsius® brand; increased sales revenues more than five-fold and positioned Celsius Holdings Inc. to become a NASDAQ listed company with a market capitalization in excess of a quarter billion dollars.
Notable participants in the $31 million financing arranged by Mr. David, included Li Ka-Shing, the world’s 28th richest man, with a net worth of $32 billion.1 Mr. David was further responsible for placement of Celsius® with A.S. Watson Group, a division of Li Ka-Shing’s business conglomerate, CK Hutchinson Holdings. A.S. Watson Group operates 14,400 health and wellness retail locations under various store banners, including Watsons in Asia and Superdrug, the UK’s second largest pharmacy chain, after Walgreens Boots Alliance.
Gerry David, Director of Glucose Health, Inc. stated, “With my decades of experience in the nutritional beverage and supplements businesses, including with Celsius Holdings Inc. and also previously at Home Shopping Network (NASDAQ:QRTEA) and Vitarich Laboratories, I immediately recognized GlucoDown® to be a new and compelling healthy beverage choice, particularly attractive to pre-diabetics and Type-2 diabetics. But it was when I received my container of GlucoDown® and tasted the product, that I was truly sold. GlucoDown® is as good, if not better tasting, than any flavored iced tea on the market today. Combine this great iced tea taste with dozens of clinical studies supporting the health benefits of the active ingredients in GlucoDown® and it all adds up to a powerful new functional beverage product. The impressive sales of GlucoDown® in-store at Walmart and at Amazon recently are no surprise to me and I am excited by my opportunity to accelerate growth of the brand and contribute to the success of Glucose Health, Inc.”
About Glucose Health, Inc. (OTC:GLUC)
GLUCODOWN® is the premier functional beverage in the diabetic nutritional consumer category, which encompasses the more than 100 million Americans estimated to be diabetic or pre-diabetic, by the Centers for Disease Control and Prevention.2 GLUCODOWN® is the first tea mix ever enriched with healthy soluble fiber. GLUCODOWN® is proudly manufactured in the USA in Arkansas and Minnesota. Glucose Health, Inc. is a publicly-traded company with the ticker symbol (OTC:GLUC).
1 Forbes, February 19, 2019
2 National Diabetes Statistics Review, 2017; Centers for Disease Control and Prevention, Department of Health and Human Services.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190604005260/en/
Gerry David has accepted appointment to the Board of Directors of Glucose Health, Inc. (OTC:GLUC). For five years, Mr. David served as President and Chief Executive Officer of Celsius Holdings Inc. (NASDAQ:CELH), the manufacturer of Celsius® “negative calorie” fitness drinks. Mr. David’s many achievements during his tenure included closing $31 million in new financing which turbo-charged growth of the Celsius® brand; increased sales revenues more than five-fold and positioned Celsius Holdings Inc. to become a NASDAQ listed company with a market capitalization in excess of a quarter billion dollars.
Notable participants in the $31 million financing arranged by Mr. David, included Li Ka-Shing, the world’s 28th richest man, with a net worth of $32 billion.1 Mr. David was further responsible for placement of Celsius® with A.S. Watson Group, a division of Li Ka-Shing’s business conglomerate, CK Hutchinson Holdings. A.S. Watson Group operates 14,400 health and wellness retail locations under various store banners, including Watsons in Asia and Superdrug, the UK’s second largest pharmacy chain, after Walgreens Boots Alliance.
Gerry David, Director of Glucose Health, Inc. stated, “With my decades of experience in the nutritional beverage and supplements businesses, including with Celsius Holdings Inc. and also previously at Home Shopping Network (NASDAQ:QRTEA) and Vitarich Laboratories, I immediately recognized GlucoDown® to be a new and compelling healthy beverage choice, particularly attractive to pre-diabetics and Type-2 diabetics. But it was when I received my container of GlucoDown® and tasted the product, that I was truly sold. GlucoDown® is as good, if not better tasting, than any flavored iced tea on the market today. Combine this great iced tea taste with dozens of clinical studies supporting the health benefits of the active ingredients in GlucoDown® and it all adds up to a powerful new functional beverage product. The impressive sales of GlucoDown® in-store at Walmart and at Amazon recently are no surprise to me and I am excited by my opportunity to accelerate growth of the brand and contribute to the success of Glucose Health, Inc.”
About Glucose Health, Inc. (OTC:GLUC)
GLUCODOWN® is the premier functional beverage in the diabetic nutritional consumer category, which encompasses the more than 100 million Americans estimated to be diabetic or pre-diabetic, by the Centers for Disease Control and Prevention.2 GLUCODOWN® is the first tea mix ever enriched with healthy soluble fiber. GLUCODOWN® is proudly manufactured in the USA in Arkansas and Minnesota. Glucose Health, Inc. is a publicly-traded company with the ticker symbol (OTC:GLUC).
1 Forbes, February 19, 2019
2 National Diabetes Statistics Review, 2017; Centers for Disease Control and Prevention, Department of Health and Human Services.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190604005260/en/
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