Form 8-K for NATURADE INC
15-Nov-2007
Change in Directors or Principal Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 9, 2007, the Company's Chief Executive Officer, Richard Munro, tendered his letter of resignation to the Company's Secretary. On November 14, 2007, the Company's Board of Directors accepted Richard Munro's resignation and appointed Adam Michelin the Company's Chief Executive Officer and Rick Robinette the Company's Chief Operating Officer.
The resignation of Richard Munro and the appointment of Adam Michelin and Rick Robinette is part of the Company's restructing in its emergence from Chapter 11 Bankruptcy on November 9, 2007.