Ownership & Structure
Nature’s Candy is a privately held Oregon corporation. Quack Vendor will be the majority owner. The company intends to recruit a sophisticated team of owner board members. The board members will be granted shares of stock to provide an incentive for their performance on the board.
Quack Vendor, president and founder. Quack worked for Arthur Andersen until qualifying for his CPA credential. He left Arthur Andersen to become operations manager at Nautilus Footwear, a niche footwear start-up. His duties included general office management, finance manager, and jack-of-all-trades. Quack has gained useful insight into the supplemental industry through in-depth conversations with his father, a naturopathic physician. He received his BS from the University of Oregon.
Stewart Wachit, technology officer. Stew worked at Imagina for two years where he specialized in C++ and HTML/XML programming. Stewart left Imagina to become a Web database developer at Systems Management Incorporated, specializing in ColdFusion and JSP. He received his BS from the University of Pittsburgh.
There are important gaps as follows:
- Customer service representative/manager.
- Distribution/warehouse manager.
- Advisory board.