Ray Carter Departs as Stemtech’s CEO

Ray Carter Stemtech

Stemtech Corporation announced that Ray C. Carter, Jr. has stepped down as CEO.

Carter founded the company in 2005. He cited personal reasons for the decision to step down, but said he would be accessible to the company on an as-needed basis.

David Casanova has been promoted to president of Global Sales and Marketing with the responsibility to drive sales and corporate growth.

Darryl Green, Chairman of the Board commented, “We are confident that David’s experience and passion for our Stemtech products, combined with his leadership and fresh ideas, will provide Stemtech the pathway to become the next billion-dollar company in the direct selling Industry.”

The Board of Directors also appointed Victoria Rudman as chief financial officer. Rudman has over 20 years of professional experience in multiple aspects of leadership, operations, accounting, finance, taxation and fiscal management. Most of her career has been in Fortune 50 global investment bank and retail brokerage firms as well as small cap public companies and startup ventures.

“With the success of our existing product offerings for 15 years, along with new products nearing launch, I am more thrilled about the future growth and expansion of our company and our independent business partners,” said Chief Operating Officer John W. Meyer.