TABS Analytics Names CPG Industry Veteran Tim Richerson as New CEO
Founder Dr. Kurt Jetta to Continue as Company Executive Chairman and Focus on Client Implementations and Product Development
SHELTON, Conn., July 10, 2018 /PRNewswire-PRWeb/ -- TABS Analytics, a leading CPG analytics firm, today announced that Tim Richerson, a consumer-packaged goods (CPG) industry veteran who held executive roles at Alan James Group and Rexall Sundown, has been named the company's CEO. Dr. Kurt Jetta, TABS Analytics' founder, will assume the role of Executive Chairman of the Board and will continue to work on major client implementations and new product development.
"Since I started TABS in 1998, I have always had ambitious goals for the company given the number of innovative analytics services that we offer," said Dr. Jetta. "As we now have more than 100 clients and 30 employees, it has become obvious that we need an executive of Tim's caliber to take the reins and accelerate the growth that I think our company is capable of achieving."
With a 30-year career in the CPG market, Richerson is a seasoned executive with a successful track record building and monetizing shareholder value through acquisitions, divestitures and licensing deals. Most recently, he served as CEO of JM Global Holding Co., where he led the $92 million acquisition of China Sunlong Environmental Technologies. Richerson also was managing director and co-founder of the Alan James Group, which owned and distributed vitamin supplements in more than 30,000 retail outlets, and then served as CEO of Interleukin Genetics, which acquired the Alan James Group. Earlier in his career, he was president of Rexall Sundown, a leading vitamin, sports nutrition and diet company that was acquired by Royal Numico NV for $1.8 billion.
In his role at TABS Analytics, Richerson will focus on growing the company organically, as well as executing on its acquisition strategy. He will also be responsible for ensuring that the company organization is in place to handle accelerated growth.
"I have known and worked with Kurt and several of the other TABS consultants for more than 20 years, so I know the high quality of work they provide," Richerson said. "I have had the chance to meet many others on the TABS team, and I have reviewed the current product offerings. I am confident that we can achieve Dr. Jetta's objective of accelerating growth and profitability. I am excited to get started."
About TABS Analytics
Operating since 1998, TABS Analytics, based in Shelton, Conn., is a technology-enabled analytics firm. Its mission is to simplify and improve the way analytics are conducted in the consumer products industry. TABS offers cloud-based software analytics and applications solutions, including TABS Insight®, Pivotstream® and TABS Total Insights™, for CPG manufacturers that integrate, harmonize, and analyze sales and marketing data. Additional services include TABS CatMan Advantage™, an outsourced category management solution, TABS WorldView™, a global business intelligence tool, and TABS Promo Insight™, a cloud-based software and consulting service that helps companies measure, plan and optimize trade spending. For more information about TABS, please visit http://www.tabsanalytics.com/press-room to contact us directly.
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