Iovate said that Toll will assume the role of CEO effective July 13, 2020. Toll is a seasoned consumer goods executive with strong global experience. His career spans senior executive roles in with such consumer brands companies as Proctor & Gamble Co., Campbell Soup and Pharmavite, and most recently served as CEO of Irwin Naturals. Toll has worked on leading brands such as Pringles, Folgers Coffee, Campbell Soup and Nature Made Vitamins, and said that to win in the marketplace it’s important to connect with consumers in every facet of the purchase process. In addition, he said he understands the need to have deep and strategic customer relationships.
He will report to Michael Liu, deputy chairman of the board for Iovate Health Sciences International Inc.
“We truly appreciate Terry’s 21 years of dedication to Iovate, and we are looking forward to welcoming Tim on board. Tim’s global business experience, values, and leadership abilities are fully aligned with Iovate’s mission and culture,” said Liu.
“I am very excited to join the Iovate team,” said Toll. “It is a terrific time to be part of the company, and I look forward to the many opportunities ahead to continue to grow and lead the company into the future.”
“My tenure at Iovate has been an exciting time as Iovate evolved into a worldwide leader in sports nutrition and wellness products,” said Begley. “It has been an honor to have worked over all those years with such an extraordinarily talented and dedicated team of game-changing professionals across all departments at Iovate. I am very thankful to have had the opportunity to act in an Executive role for all of my 21 years at Iovate and during this time have had many extraordinary experiences I will never forget. I am confident the company is well positioned for continued growth and prosperity.”