Atlanta, Ga., USA - December 17, 2010, Atlanta, Ga., USA - Capsalus Corp., a health holding company, announced that Kevin P. Quirk has been appointed chief executive officer.
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Mr. Quirk is the founder of White Hat Brands LLC, a functional beverage manufacturer focused on children’s health and wellness issues, which he sold to Capsalus earlier this year after raising multiple rounds of financing and stewarding the business to a successful exit.
Before White Hat, Mr. Quirk held a variety of senior-level marketing positions for The Coca-Cola Company, initially hired into the Coca-Cola Accelerated Program, the company’s coveted management training program, from which he was charged with running the New England market. He also served as director of marketing for Minute Maid brands prior to his departure.
In addition, Mr. Quirk spent nearly a decade at Anheuser-Busch, working in brand management, field sales and marketing, wholesaler development and strategic planning, most notably as market development manager of the Wisconsin territory, and as founder of the company’s business development group, providing internal management consulting to a network of more than 800 distributors.
Mr. Quirk holds a BS in marketing and a BA in communications from Saint Louis University, and a letter of MBA equivalence from Harvard Business School.
Mr. Quirk succeeds acting chief executive officer Tad Mackay Ballantyne , who will maintain his role as chairman.
Mr. Ballantyne has been acting CEO and chairman of Capsalus Corp. (formerly Mach One) since September 2009, after serving as director of the company. He is responsible for determining Capsalus’ strategic direction and guiding the implementation of its mission and overall business objectives.
Mr. Ballantyne continues to serve as an officer and/or director at numerous listed and private enterprises in the chemical, agricultural machinery, oil and gas, and financial services industries throughout the U.S. as well as in Africa, Asia, Australia, China, Eastern Europe and India.
These companies Mr. Ballantyne serves at include: Hoopeston Foods, Thomsen Group, LLC, Pacific Rim Foods Ltd., Creat Resources Holdings Limited (formerly, Zeehan Zinc Limited), American Lorain Corporation, Life Partners Holdings, Grand Monarch Holdings, Euro-Industrial LLC, Mackay Limited Partnership, Thomsen Group LLC, Jilin Jimei Foods Ltd., Empire Energy Corporation International, and Texas Steel Partners. ■