SALT LAKE CITY Schiff Nutrition on Friday announced the appointment of Glenn Schaeffer, 54, to its board of directors effective Dec. 1.
“Glenn has a long-standing interest in our business, having previously served on the board of the company from 1997 to 2000, and we are delighted to welcome him back to the Schiff Nutrition International board,” stated Schiff chairman Eric Weider.
“Glenn’s extensive financial and operational experience in building world famous hotel and gaming brands, and in leading large business enterprises will be a tremendous asset for Schiff as we continue to focus on our long term goal of profitable branded growth,” added Bruce Wood, Schiff president and chief executive officer.
Schaeffer is co-founder, president and chief executive officer at Fontainebleau Resorts, headquartered in Las Vegas. Fontainebleau Resorts owns the historic Fontainebleau Miami Beach and is building the Fontainebleau Las Vegas, a luxury casino hotel expected to open in late 2009. Schaeffer also served as president and chief financial officer of Mandalay Resort Group, a leading company in the gaming industry, until its sale to MGM-Mirage in April 2005. During his 22-year tenure at Mandalay, formerly Circus Circus Enterprises, Schaeffer set an industry record for financing new projects.
Schaeffer also founded the Black Mountain Institute, a humanities and social issues think tank, at the University of Nevada at Las Vegas.
With the addition of Schaeffer, Schiff’s board has eight members.