--Thad Simons steps up to new role as Senior Executive Advisor to the Board--
Saint Louis, Missouri (March 31, 2014) —Novus International, Inc., today announced that its Board of Directors has appointed François Fraudeau as President and Chief Executive Officer (CEO) effective immediately. Fraudeau previously held the position of Chief Operating Officer (COO). Thad Simons will retire from CEO and become the Senior Executive Advisor to the Board.
“The Board is grateful for the tremendous leadership and guidance provided by Thad over his many years with Novus. Novus has achieved unprecedented success under his direction and we are proud to have had his leadership. We are further pleased to announce that Thad will continue as Senior Executive Advisor to the Company,” remarked Mr. Katsurao Yoshimori, Senior Vice President, Mitsui & Co. (USA), Inc.
“Going forward there is no better leader for Novus than François Fraudeau,” noted Thad Simons, member of the Board of Directors. “François is a proven leader with extensive experience in the feed additive industry and ability to bring people together.”
During his career with Novus, Fraudeau held various positions in Europe, Asia and the USA and has an extensive knowledge of methionine and all of our other technologies. Under his leadership, Novus has successfully focused more intensively on core Specialty platforms in addition to strengthening its leadership position in methionine. These are significant achievements as Novus desires to become a global leader in developing sustainable products and solutions for animal production.
“Novus is a unique company with a truly global footprint in the animal nutrition space, and I am honored to be chosen to lead this company forward,” noted Fraudeau. “We have great opportunities in front of us as we deliver on the next chapter in Novus’s continuing legacy of helping to feed the world affordable, wholesome food and achieve a higher quality of life by making a clear difference in sustainably meeting the growing need for nutrition and health.”
“The Board is excited about Novus’s growth going forward under François’ leadership,” noted Mr. Yoshimori. “We are pleased with this advancement in his placement as CEO and anticipate great future with the focus that he brings to the organization.”
About Novus International, Inc.
Novus International, Inc. is headquartered in metropolitan St. Louis, Missouri, U.S.A. and serves customers in nearly 100 countries around the world. A global leader in developing animal health and nutrition solutions, Novus’s products include ALIMET® and MHA® feed supplements, ACTIVATE® nutritional feed acid, ACIDOMIX® preservative premixture, ADVENT® coccidiosis control, CIBENZA® feed additive, MINTREX® chelated trace mineral, SANTOQUIN® feed preservative, MERA™Met aquaculture feed additive, AGRADO® feed antioxidant and many other specialty ingredients. Stratum Nutrition, a division of Novus Nutrition Brands, LLC, focuses on human nutrition through specialty and functional ingredients for manufacturers of foods, beverages and dietary supplements (www.stratumnutrition.com).
Novus is privately owned by Mitsui & Co. (U.S.A.), Inc. and Nippon Soda Co., Ltd. For more information visit www.novusint.com. ©2014 Novus International, Inc. All rights reserved.