BNET Industries

Market Cap:$61.1M
Last Fiscal Year Sales:$176.9M
  • Public
  • US
Dow Jones Description

Schiff Nutrition International, Inc. develops, manufactures, markets and distributes branded and private label vitamins, nutritional supplements and nutrition bars in the United States and throughout the world. We offer a broad range of capsules, tablets and nutrition bars. Our portfolio of recognized brands, including Schiff, Move Free and Tigers Milk ® , is marketed primarily through the mass market (including club) and, to a lesser extent, health food store distribution channels. During fiscal 2008 and the first six months of fiscal 2009, we continued to provide selling and marketing support intended both to defend our overall Move Free business against competition, including private label, and ultimately to increase our market share in the joint care product category. During our fiscal 2008 third quarter, we announced the introduction of smaller tablets for our existing Move Free items as well as the launch of a Move Free line extension. Operating results for the first half of fiscal 2009, as compared to fiscal 2008, are impacted by the shifting of advertising support from the first half to the second half of fiscal 2008 in support of these Move Free marketing initiatives. As a result, advertising expense for the first half of fiscal 2009 was greater than the amount recognized in the corresponding prior year period. ...

President, Chief Executive Officer and DirectorBruce J. Wood
Number of Employees 431
Contact Information

2002 S 5070 W

Salt Lake City, Utah 84104-4726

schiffnutrition...

(801) 975-5000

NAICS Code Drugs and Druggists' Sundries Merchant Wholesalers: 424210

Recent Events

  • Neptune Technologies to expect Record Revenues; Fiscal 2009 Third Quarter and Year-End Results

    4/14/09 - Product Announcement - View Story

  • Schiff Nutrition names two new board members

    4/02/09 - Board Member - Leaving - View Story

  • Schiff Nutrition International, Inc. Announces FY09 Q3 Results

    3/17/09 - Financial Announcement - View Story

News & Analysis

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Additional Resources

Decision Makers

Name (plus bio) Position
Bruce J. Wood President, Chief Executive Officer and Director
Joseph W. Baty Executive Vice President and Chief Financial Officer
Dan Thomson Executive Vice President Business Development, General Counsel and Corporate Secretary
Thomas H. Elitharp Executive Vice President, Operations and Support Services
Naomi Keller Director, Marketing
BRIAN P MCDERMOTT Director
Roger H. Kimmel Director
Ronald L. Corey Director

Board of Directors

Name (plus bio) Position
Eric Weider Chairman of the Board
Eugene B. Jones Board of Directors
George F. Lengvari Vice Chairman of the Board
H.F. Powell Board of Directors
Joe Weider Board of Directors
Michael Hyatt Board of Directors

Bruce J. Wood has been our Chief Executive Officer, President and a director since June 1999. From January 1998 to December 1998, Mr. Wood was the President and a founder of All Stick Label LLC, a private company which manufactures custom pressure sensitive labels. From 1973 to December 1997, Mr. Wood held various management positions with divisions of Nabisco, Inc., a manufacturer and marketer of packaged food, including President and Chief Executive Officer of Nabisco, Ltd., President of Planters Lifesavers Company, and Senior Vice President, Marketing of both Nabisco Biscuit Company and Del Monte USA. Mr. Wood also serves as a director of Payge International Ltd., a private company that manufactures injection molded plastic industrial and advertising products.

Organization Position Status
Schiff Vitamins President, Chief Executive Officer and Director Current
Schiff Nutrition International, Inc. President, Chief Executive Officer and Director Current
Payge International Inc. Director Current
Schiff Nutrition International, Inc. Board of Directors Current
Weider Nutrition President & CEO Former
Weider Health & Fitness Inc. President & CEO Former

Mr. Baty has served as Executive Vice President and Chief Financial Officer since November 1999. From January 1997 to October 1999, Mr. Baty served as Senior Vice President-Finance. Prior to joining us, Mr. Baty was a partner and certified public accountant at KPMG LLP, which he joined in 1984.

Organization Position Status
Schiff Nutrition International, Inc. Executive Vice President and Chief Financial Officer Current
Schiff Nutrition International, Inc. Board of Directors Current
Weider Nutrition CFO & Executive Vice President Former
Weider Health & Fitness Inc. CFO & Executive Vice President Former
Organization Position Status
Schiff Nutrition International, Inc. Executive Vice President Business Development, General Counsel and Corporate Secretary Current
Weider Health & Fitness Inc. General Counsel, Secretary & Senior Vice President, Business Development Former
Weider Nutrition General Counsel Former

Mr. Elitharp has served as Executive Vice President-Operations and Support Services since June 2001. From September 1997 to May 2001, Mr. Elitharp served as Senior Vice President-Operations. Prior to joining us, Mr. Elitharp held numerous positions with Welch Foods Inc., a manufacturer of food products, for over 18 years, most recently as Director of Operations for its East Coast manufacturing locations.

Organization Position Status
Schiff Nutrition International, Inc. Executive Vice President, Operations and Support Services Current
Weider Health & Fitness Inc. Executive Vice President, Operations Former
Organization Position Status
Schiff Nutrition International, Inc. Director, Marketing Current
Weider Nutrition Vice President, Marketing Former

Array

Organization Position Status
Fitness, Inc Chief Executive Officer Current
Schiff Vitamins Chairman of the Board Current
Schiff Nutrition International, Inc. Chairman of the Board Current
Weider Health & Fitness Inc. Chairman Current

Mr. McDermott is a partner in Hancock Park Associates, a Los Angeles based private-equity investment firm. Prior to joining Hancock Park Associates in 1988, Mr. McDermott served as Director of Acquisitions and Divestitures for Castle & Cooke, Inc. and was a Vice President of Pacific Holding Company. Previously, Mr. McDermott was with Brentwood Associates for three years. Earlier, he was a financial analyst in Corporate Finance Department of Morgan Stanley & Co. While at Hancock Park Associates, Mr. McDermott has operated three acquired companies, including serving as CEO of Leslie's Poolmart from 1988 through 1999 and interim CEO and Chairman of BusyBody, Inc. from 1994 to 1998. Mr. McDermott is currently CEO of Fitness Holdings International and serves on the board of Weider Nutrition International.Mr. McDermott received his M.B.A. from Harvard Business School and his B.A., Magna Cum Laude and Phi Beta Kappa, from Williams College.

Organization Position Status
Renaissance Capital Advisors Partner Current
Fitness Holdings International, Inc. Chairman of the Board Current
Schiff Vitamins Board of Directors Current
Schiff Nutrition International, Inc. Director Current
Partsamerica.Com Chief Executive Officer Former
Fitness Holdings International, Inc. CEO Former
Fitness Holdings International, Inc. President Former
Partsamerica.Com President Former
Hancock Park Associates Partner Former
Castle & Cooke, Inc. Director of Acquisitions Former
Brentwood Associates Former
Partsamerica.Com Director Former
Fitness Holdings International, Inc. Director Former
Organization Position Status
Schiff Nutrition International, Inc. Board of Directors Current
Amedica Corp Vice President Finance & Chief Financial Officer Former
KPMG LLP Partner Former
Organization Position Status
Schiff Vitamins Vice Chairman of the Board Current
Schiff Nutrition International, Inc. Vice Chairman of the Board Current
Schiff Nutrition International, Inc. Director Former
Fitness, Inc Executive Officer Former

H.F. Powell has been a director since January 2000. Since 1997, Mr. Powell has been an independent consultant to various corporations. Prior to his retirement in 1996, Mr. Powell served as Executive Vice President and Chief Financial Officer of Nabisco, Inc. from 1994 through 1996 and President of Nabisco International from 1989 through 1994. Throughout his career, Mr. Powell served in various senior level finance and operating positions, including Executive Vice President of Nabisco International, Senior Vice President and Chief Financial Officer of Nabisco Brands, President of Nabisco Brands Canada and Senior Vice President and Chief Financial Officer of Standard Brands.

Organization Position Status
Schiff Nutrition International, Inc. Board of Directors Current

Joe Weider is credited as the founder of the sports nutrition industry in 1940.

Organization Position Status
Schiff Nutrition International, Inc. Board of Directors Current
Organization Position Status
Jewish Theological Seminary Board of Directors Current
Endo Pharmaceuticals Holdings Inc. Board of Directors Current
Schiff Nutrition International, Inc. Board of Directors Current
The Bear Stearns Companies Inc. Senior Managing Director, Investment Banking Former
Emory University School of Law Jd Former
Syracuse University BA Former

Roger H. Kimmel is Chairman of the Board of Endo. Mr. Kimmel became Chairman of the Board upon the retirement of founder Carol A. Ammon on May 30, 2007. Mr. Kimmel had been a Director of Algos Pharmaceutical Corporation since July 1996 and became a Director of Endo following its merger with Algos in July 2000. Mr. Kimmel has been Vice Chairman of Rothschild Inc., an investment banking firm, since January 2001. Previously, Mr. Kimmel was a partner of the law firm Latham & Watkins for more than five years. Mr. Kimmel is also a director of Schiff Nutrition International, Inc. and PG&E Corporation. Mr. Kimmel is chairman of Endo's Nominating & Governance Committee and is a member of Endo's Audit Committee and Transactions Committee.

Organization Position Status
Endo Pharmaceuticals Holdings Inc. Chairman Current
Fitness, Inc Director Current
Schiff Nutrition International, Inc. Director Current
Latham & Watkins Partner Former
Rothschild Inc. Vice Chairman Former
Endo Pharmaceuticals Holdings Inc. Board of Directors Former

Ronald L. Corey has been a director since August 1996. Since 1999, Mr. Corey has been a consultant to various corporations. Mr. Corey served as President of the Club de Hockey Canadien Inc. (the Montreal Canadiens) and the Molson Center Inc. from 1982 through July 1999. In addition, between 1985 and 1989, Mr. Corey held the position of Chairman of the Board and director of the Montreal Port Corporation, an agency which maintains and leases infrastructures to private stevedoring companies.

Organization Position Status
Schiff Nutrition International, Inc. Director Current
Club de hockey Canadien, Inc. President Former
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     WNI $25.12 +19.94 (384.94% )
Average Volume 33,085
Shares Outstanding 27.50M
Market Cap 690.8M
Year High 29.98
Year Low 3.45
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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Pharma Industry Companies

Company Employer Rating
Pfizer 3.0
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