Business
Better For You Wellness Announces Results from Its February 5, 2022, Board of Directors Meeting
Better For You Wellness Announces Results from Its February 5, 2022, Board of Directors Meeting.
About this update from Better For You Wellness Inc.
[{"type":"text","content":"Columbus, Ohio--(Newsfile Corp. - February 10, 2022) - Better For You Wellness, Inc. (OTCQB: BFYW) (\"Better For You Wellness\" or the \"Company\"), an Ohio-based company focused on the rapidly-growing $1.5T wellness industry, is pleased to announce the results of the Meeting of the Board of Directors that took place on February 5, 2022, via video conference (the \"Board Meeting\"). The seven members of the Company's Board of Directors (the \"Board\") include Ian James, Stephen Letourneau, Montel Williams, Christina Jefferson, Joseph Watson, David Deming, and Dr. Nicola Finley, MD.Establishment of Strategic Advisory Committee The Board unanimously approved the establishment of a Strategic Advisory Committee (the \"Committee\"). The Committee will be tasked with providing acceleration, reach, and guidance to further enhance the Company's value proposition and portfolio. The Committee will work closely with the Board and Better For You Wellness leadership and advise on matters relating to the Company's capital raising efforts, acquisitions, public relations strategy, brand development, international expansion, and more.Appointment of Committee MembersIn addition to the establishment of the Committee, the Board appointed six initial Committee Members by unanimous consent. The Committee is composed of respected industry leaders who bring relevant experience, networks, and leadership to the Company's various initiatives. These individuals reflect the Company's vision and dedication to building a global leader in the wellness sector. Committee Members include:David King: King is currently a venture and private equity investor at Hairun Capital, a People's Republic of China and United States-based multi-family office that manages the investment assets of a group of high net worth Chinese and Chinese-American families. King currently serves on the Board of Directors of Genuine Health, a leading Canadian natural products company; AZTherapies, a Boston based drug discovery company targeting neuroinflammation and Alzheimer's Disease; Xylyx Bio, Inc., a New York-based drug discovery research tools company, Peak Capital, a New York and Taipei based private equity investment company; and Woodstone Holdings, a New York and Houston based investment company. Previously, King was a Co-Founder of Prestige Brands International, a US-listed personal...