NEW YORK, NY--(Marketwired - Aug 10, 2017) - Verus Foods (the "Company"), currently trading as RealBiz Media Group, Inc. (
Michael O'Gorman JD, MBA is Chairman and Chief Executive Officer of Crassus Holdings, Ltd, whose subsidiaries specialize in sourcing and marketing all natural, healthy food and consumer products. Mr. Gorman has over 35 years of successful food brokerage, food manufacturing, project management, finance and legal experience in the international arena. He also previously served as Chief of Staff in both the House of Representatives and U.S. Senate. His agricultural experience is uniquely first hand, as he has owned and operated a 252-acre farm where he raised both crops and Black Angus cattle. He has spent a number of years working at major international law firms as well as being Senior Managing Director at First Wall Street Capital, where he arranged funding in excess of $2 billion. He received his JD in International Law from the University of Connecticut, MBA in International Finance from Fairleigh Dickinson University and BS in Organic Chemistry from St. Peters College.
Thomas Butler Fore is a multi-faceted entrepreneur and executive with experience in numerous categories of business, including real estate, media, personal care products and fashion. He currently serves as CEO of Sora Development, an award winning real estate development firm focused on large mixed-use projects with a specialty in public-private partnerships. His other roles include CEO of Tiderock Media, an active film production company with 13 feature films completed; and founder and board member for Digital2go Media Networks, a mobile platform that utilizes beacon technology for data collection and advertising, with a footprint of more than 10,000 locations in the U.S. and Latin America. Mr. Fore is also involved as an advisor and partner in numerous other enterprises in media, real estate and consumer products. A highly-successful entrepreneur, he holds a BA from Towson University.
Lalit Lal is a food industry veteran who currently serves as the President of American World Foods, Inc. Mr. Lal has extensive knowledge of the international food market and has operated in the Middle East and GCC for more than 25 years. Now based in the U.S., Mr. Lal held senior executive positions during his career at some of Dubai's leading food companies, including Federal Foods, Gulf Marketing Group, Al Islami Foods and Farm Fresh, where he developed significant expertise in the Middle East and Europe. His knowledge of food distribution networks on multiple continents is extensive and includes a deep network of suppliers in the important Fast-Moving Consumer Goods category.
"All our new board members bring tremendous experience and diverse skills to our board," said Anshu Bhatnagar, CEO of Verus Foods. "Michael O'Gorman knows the international food business from the field level up, with a depth of understanding that includes actually running a substantial farming operation. Tom Fore's expertise is primarily in real estate development, media, marketing, and consumer products, a great blend of skills to utilize during our company-building phase. And, Lalit Lal gives us access to more than two decades of relationships and knowledge with suppliers and customers in both our target markets and the U.S. We are very excited to attract such high-quality executives to help us shape the future of Verus Foods."
The Company plans to announce the addition of key support personnel in the near future.
About RealBiz Media Group, Inc.
RealBiz Media Group, Inc. operates two business segments: an international food subsidiary (Verus Foods) that sells products to customers worldwide; and a real estate digital media and technology company. RealBiz Media Group, Inc. (
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.