TriStar Wellness Solutions Appoints Wolfgang Henkel as Acting Managing Director, HemCon Medical Technologies European Subsidiary
Proven Industry Leader Will Shape the Future of the Hemcon EU Business
WESTPORT, Conn.--(BUSINESS WIRE)-- TriStar Wellness Solutions, Inc. (OTCQB:TWSI), a health and wellness company that targets opportunities in the self-care and professional marketplace, has appointed Wolfgang Henkel as acting Managing Director Europe for its wholly owned subsidiary, HemCon Medical Technologies Inc.
Mr. Henkel joins HemCon's management team as the acting Managing Director to develop the business plans and infrastructure required to effective compete in the consumer healthcare marketplace across the European theater. He brings a proven track record of providing strategic and operational leadership for consumer and professional healthcare business growth over the course of 30 years from leading healthcare companies including Johnson & Johnson Consumer Healthcare and Pfizer within Europe.
Mr. Henkel began his career as a professional medical representative before moving into marketing as a product manager. After moving over to the consumer healthcare channel, Mr. Henkel assumed progressively larger marketing and operational responsibilities for a broad range of consumer product categories. After leaving the corporate career, Mr. Henkel has focused on consulting opportunities which leverage his extensive knowledge of brand building and market commercialization. He graduated from the University of Siegen with an MBA degree in business administration, marketing concentration.
Barry Starkman, HemCon's President and CEO, commented: "Reinvigorating our European division is a crucial element of our business plan to restore growth to the company. Wolfgang brings a tremendous experience in the consumer healthcare markets as well as building brands. We are looking forward to his leadership to define the operational plans required to succeed in the marketplace."
John Linderman, President and CEO of TriStar Wellness Solutions, added, "TriStar is very focused on the consumer healthcare marketplace and Wolfgang's skills in building businesses in Europe will be of significant value in building a broad portfolio of TriStar brands and rapidly commercializing the products in the company's pipeline. Wolfgang will be the acting Managing Director through the development of the base operational plan. At that point we hope to transition him to the full time Managing Director position."
About TriStar Wellness Solutions
TriStar Wellness Solutions, Inc. (TWSI) is a health and wellness company that targets under-met consumer opportunities in the consumer and professional marketplace. Its core strategy plans to meet the growing demand for personalized, health care solutions by leveraging proprietary innovation and technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauté de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com.
This press release for TriStar Wellness Solutions, Inc. contains forward-looking statements. Generally, you can identify these statements because they use words like "anticipates," "believes," "expects," "future," "intends," "plans," and similar terms. These statements reflect only our current expectations. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy and actual results may differ materially from those we anticipated due to a number of uncertainties, many of which are unforeseen, including, among others, the risks we face as described our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements which apply only as of the date of this press release. To the extent that such statements are not recitations of historical fact, such statements constitute forward-looking statements that, by definition, involve risks and uncertainties. In any forward-looking statement where we express an expectation or belief as to future results or events, such expectation or belief is expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the statement of expectation of belief will be accomplished.
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