NBTY of Ronkonkoma has new chief
Fish-oil capsules are produced, dried and packaged in an NBTY plant in Bohemia. (Aug. 13, 2007) Credit: Newsday File / Ken Spencer
There's a new chief executive at the vitamin maker NBTY Inc. of Ronkonkoma, which was sold to a private equity company in October for $3.8 billion.
As of Monday, Jeffrey Nagel replaces Scott Rudolph, who keeps his position as board chairman.
NBTY makes such brands as Nature's Bounty, MET-Rx and Solgar nutritional supplements.
Nagel comes to NBTY from a senior leadership position at General Electric Co.'s segments in the oil and gas, consumer electronics, technology and aviation markets. His most recent job at GE was as head of oil and gas global services, based in Florence, Italy.
"As consumers increasingly focus on health and wellness, NBTY's prospects are stronger than ever," Nagel said. "I look forward to working with the leadership team and associate base to further build NBTY into the world's pre-eminent vitamins, minerals and supplements business."
NBTY is owned by The Carlyle Group, a Washington, D.C., based private equity company.
NBTY is one of Long Island's largest companies in terms of sales, with revenue of $2.6 billion in its most recent fiscal year earnings report. It has about 2,000 employees on Long Island and about 14,000 worldwide.
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