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In Brief: HealthRite

This article was originally published in The Tan Sheet

Executive Summary

HealthRite: David Illingworth and Doug Okland to co-chief operating officers following resignation of company President and CEO Bradley MacDonald. Illingworth, the former general manager of HealthRite's Jason Pharmaceuticals subsidiary, also is named president of Jason. Okland, the former general manager of the firm's Montana Naturals International subsidiary, is named as president of Montana Naturals. The company sold the other main part of its business, Vitamin Specialties, to IVC in June ("The Tan Sheet" June 30, In Brief). HealthRite is "engaged in preliminary discussions with a company in the nutritional supplement industry relating to a business combination or merger"...

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