VSI Global Announces John Huff as New Chief Financial Officer

CLEVELAND, Oct. 5, 2017 /PRNewswire/ -- The Board of Directors of VSI Global, LLC ("VSI"), a portfolio company of Lakewood Capital, LLC and Spartacus Partners LLC, is pleased to announce John Huff as its new Chief Financial Officer. Mr. Huff joins VSI having most recently served as Chief Executive Officer of Good! Greens, a specialty provider of natural health products through leading multi-national retailers, and shepherding the Company through a strong growth phase leading to its recent sale.

Prior to Good! Greens, John spent eight years at Ganeden Biotech, rising from Controller to Chief Financial Officer/V.P. Operations. Following graduation from the University of Akron with a B.A. in Finance, John began his career at Omnitronics, a privately-held electronics company based in Northeast Ohio. John stated, "While I began my career in finance and accounting, each of my previous positions led to increasingly diverse roles and entrepreneurial experiences. These experiences led me to seek an opportunity that would not only draw on my finance background, but provide me broad involvement in a growing organization. VSI's growth plans, institutional capital support, and market presence are a perfect fit for me."

Roger Knight, Chairman of VSI and Managing Partner of Lakewood Capital and Spartacus Partners, noted, "I am extremely pleased to have someone of John's caliber and experience joining the senior management ranks of VSI. We set a high bar in terms of our goals in seeking the right person for the #2 position at VSI, and John hit all of our hot buttons. We were looking for a strong financial executive, but one with a broader perspective that incorporated operations, business development and general leadership. John's background as a Controller, CFO, VP-Operations and CEO will enable him to contribute across all segments of our business and be a valuable counsel to CEO Max Lambright."

Max Lambright, Chief Executive Officer of VSI added, "John brings a wealth of knowledge to VSI, not only in finance and operations, but also in customer-centric, high quality brand conscious environments. As our offerings expand and our client base encompasses businesses across a wide spectrum of the economy, John will be able to provide us key insights into enhancing the customer experience. John has always driven his businesses to achieve and maintain best-in-class status, and VSI will be no different. The fact that John has been active with customers that overlap with our client base and target markets is also a huge plus."

VSI Global is an international provider of repair and remanufacturing services to a broad client base, including a number of the largest retail companies in the world, as well as educational facilities, healthcare locations, government and office installations, and other high traffic environments. The Company's services provide its customers with a turnkey operation, lowering overall maintenance costs, increasing efficiency at the operations and corporate levels, and providing data analytics valuable to identifying and supporting best practice initiatives. All of this is accomplished through the most environmentally sensitive program that exists in the industry. Additional information is available at www.vsiglobal.com and by contacting Max Lambright, Chief Executive Officer: 800-997-8227 x212 [email protected].

About Lakewood Capital:
Lakewood Capital was formed in 2007 to team with operating management to make control investments in private companies active in the lower middle market. Lakewood targets businesses that have developed a strong position in their core markets and are facing opportunities/challenges/transition as they move toward the next stage of their developments. Lower middle market businesses often reach a point where their existing resources, be they financial, operational or human, need to be expanded, adjusted and/or reallocated to continue to prosper. These times often occur when founding management seeks less active involvement, new market opportunities arise, growth outstrips current capacity, and/or the competitive landscape changes. Lakewood prides itself on partnering with existing management to capitalize on these times of transition, with the mutual goal of building stronger, more dynamic, more competitive operations in the process. Additional information is available at www.lakewoodcap.com and by reaching Roger Knight, Managing Director: 203-604-0863 [email protected].

About Spartacus Partners:
Spartacus Partners was established in 2015 as a sister company to Lakewood Capital, providing capital from family offices, and high net worth individuals to opportunities with an initial requirement below the target markets for Lakewood's institutional partners. The close connection with Lakewood enables Spartacus investments to access resources atypical for businesses in their size range, while expanding the universe of potential opportunities investors associated with Lakewood can access.

SOURCE VSI Global LLC