True Citrus Names New Chief Operating Officer

Cuddihy is a proven senior operating and financial executive with expertise in sales, marketing, advertising, manufacturing, logistics, distribution and retail trade management. Most recently, Cuddihy served as COO for eight years at life-science company ProPhase Labs Inc. of Doylestown, Pennsylvania, where he helped to successfully sell its Cold-EEZE® cold remedy brand. Cuddihy will report directly to Soricelli and oversee investor relations and finance, as well as be heavily involved in strategic planning and day-to-day operations.

"Within the past five years, True Citrus has grown its distribution footprint to over 35,000 retail outlets, expanded its e-commerce business significantly, developed a new and strong foodservice partnership, and is selling base products to more and more industrial ingredients accounts. Yet there is still tremendous upside opportunity, so now is the perfect time to bring someone on board to help our team take True Citrus to the next level," Soricelli said. "Bob is a seasoned leader who has delivered strong results for other companies, and I have complete confidence in his ability to do the same at True Citrus."

Cuddihy has more than 20 years of experience as chief operating officer and/or chief financial officer of three public companies, including ProPhase Labs, iDNA Inc. and HMG Worldwide Corporation, focusing on corporate communications, retail, planning and merchandising. Cuddihy has also served as the president of Shannon Hill Associates, providing due diligence, financial structuring, operational analysis and transaction negotiation services for M&A, restructurings and divestitures. Cuddihy started his career with KPMG Peat Marwick, Certified Public Accountants, where he was a senior audit manager. Cuddihy graduated from Franklin & Marshall College in 1981 with a bachelor's degree in accounting.

"True Citrus is an exciting, growing, innovative company, and I am delighted to join the team. I look forward to helping True Citrus reach its full potential," Cuddihy said.

About True Citrus

True Citrus, a Baltimore-based company, is the manufacturer of the True Citrus family of products, including True Lemon® and True Lime® unsweetened sachets, lemonades and limeades. All True Citrus products are made from patented formulas that capture an authentic, fresh-squeezed citrus taste and use only simple and clean ingredients (and never contain artificial sweeteners, flavors, preservatives, sodium or gluten). True Citrus products, including low-calorie lemonades and limeades, unsweetened citrus replacements and spice blends, are available at more than 35,000 stores, including Walmart, Kroger, Target, Safeway, Publix, HEB, Wegmans and Food Lion, among others, as well as on Amazon and at TrueLemonStore.com.

True Citrus products are also available for foodservice operations, as well as for commercial ingredient applications. For more information, visit www.TrueCitrus.com.

Contact: Kellyn Curtis, [email protected]

SOURCE True Citrus

Related Links

https://www.truelemon.com