Nutrisystem, a direct-to-consumer nutrition and weight management brand, has named Stephen Mikulak the company’s new president. Mikulak was previously Nutrisystem’s chief revenue officer and leader in the company’s marketing organization since 2014.
Bob Sperry, a partner at Kainos Capital, a private equity firm specializing in food and consumer businesses that acquired Nutrisystem in December of last year, said, “We are very excited to promote Steve Mikulak to serve as President of Nutrisystem. During the past several months, we have been consistently impressed by his deep knowledge of the business, drive, and vision for the future. Steve is a natural leader and top performer who we believe is the ideal person to lead Nutrisystem at this important time in its 45-year history. We look forward to continuing to work closely with Steve and the entire Nutrisystem team to pursue a wide range of attractive growth opportunities as we seek to build a leading health and wellness platform.”
Mikulak said, “I am honored to be appointed Nutrisystem’s new President. Our company has a wonderful legacy of helping millions of consumers manage their health and an exceptional opportunity to build upon that under our new ownership structure. It is particularly gratifying to receive this vote of confidence from our new partners at Kainos Capital who have a strong history of accelerating the development of high-quality companies in the health and wellness space and the consumer sector generally. I’m ready to lead our management team and all of our colleagues toward a promising future for Nutrisystem.”
In addition, Mike Hagan, a former CEO of Nutrisystem, will be rejoining the company’s board.