Numico personnel
This article was originally published in The Tan Sheet
Executive Summary
Peter van Wel leaves company after serving under temporary contract as member of executive board responsible for U.S. operations, Dutch firm announces Jan. 30. Personnel change is part of Royal Numico's effort to "redefine the responsibilities of the U.S. management team" following firm's announcement it will divest Rexall Sundown (1"The Tan Sheet" Nov. 11, 2002, p. 3). Numico is looking for a successor with retail experience to focus on GNC, which was put on "probation" and could face divestiture if its financial performance does not improve. Van Well's successor also will be charged with executing the divestments...