SPINS CEO Consolidates Ownership

SPINS CEO Consolidates Ownership

SAN FRANCISCOSPINS(www.spins.com) announced Tony Olson, chief executive officer (CEO), and JeffreyUbben, a SPINS board member, purchased a majority of shares in the company fromexisting shareholders. Terms of the transaction were not disclosed; however, themove will result in the departure of Paddy Spence, SPINS founder andchairman. Olson will continue to serve as CEO and become chairman.

Nine years ago, I founded SPINS to advance the growth ofthe health and wellness industry through the introduction of reliable,fact-based research, Spence said. Im proud to say that SPINS has beensuccessful at that mission. Tony Olson is a strong and capable leader who willcontinue to infuse the company with the passion that has made SPINS a valuablepart of this industry.