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MONAT Global Appoints Stuart MacMillan as President of the Corporation

MIAMI, FL--(Marketwired - September 04, 2014) - Mr. Luis Urdaneta and MONAT Global Inc., a wholly owned subsidiary of Alcora Corp. and a U.S. based innovator in the Direct Selling and Hair Care industries, today announced the appointment of Mr. Stuart A. MacMillan as President of the Corporation.

Prior to joining the Company, Mr. MacMillan has held a number of senior management responsibilities across diverse functional areas, most recently as Managing Partner of IMPACT This Day where he was a trusted counsel to Alcora's Directors on the establishment and strategic direction for their new subsidiary: MONAT Global.

Mr. MacMillan brings with him a wealth of experience and success. He was President of Arbonne Canada from 2006 to 2010 and also headed up Sales Strategy for Arbonne USA from 2008 to 2010. Prior to Arbonne, Mr. MacMillan was the first International President of Excel Telecommunications, a billion dollar Telecommunications Company in the Direct Selling Industry. His proven leadership and track record in building successful teams has championed him as a featured keynote speaker at professional events around the world, including South America, the UK and the Caribbean. Prior to his time in the Direct Selling Industry, Mr. MacMillan held other senior executive positions with Bell Canada Inc. and ACC Telecom Inc.

Mr. MacMillan holds a bachelor degree from McGill University in Montreal.

"Stuart's support has been key since the beginning of this project and we are thrilled to welcome him now as President to lead this team," says Rayner Urdaneta, CEO of MONAT. "We are certain that his dynamism, impressive professional accomplishments, and advanced understanding of the industry will lead MONAT Global to a place of prominence in both the Direct Selling and Hair Care industries."

To further strengthen its management team, Alcora also approved the following appointments reporting to Mr. MacMillan:

Jillian Corley, Vice President of Marketing

Javier Urdaneta, Director of Operations

Jael Weber, Manager of Latin Markets

Teresa Epps, Regional Sales Manager Southern US

Angela Orrico, Regional Sales Manager Northern US

"I am so delighted to take on the challenge of leading this team and to provide entrepreneurs throughout the United States and eventually beyond our borders with the truly unique and exciting business opportunity that MONAT Global offers," confirmed Mr. MacMillan.

About MONAT® Global

MONAT Global is a wholly owned subsidiary of Alcora Corp., whose holdings include L'EUDINE Global, an established Direct Selling company specializing in premium beauty and wellness products throughout the US and Latin America and B&R Products, their research, development and manufacturing Laboratory subsidiary. All three companies are headquartered in and around Miami, Florida. MONAT was founded in 2014 to enter the multi-billion dollar hair care market and provides ground-breaking opportunities through a novel Social Marketing approach to Direct Sales. The company offers a unique and exciting business model and one of the most generous compensation plans in the U.S. market. MONAT holds its own signature oil intensive; Rejuveniqe™. This revolutionary product combines the perfect blend of rare, distinctive oils from different countries around the world, conceived and produced using the latest scientific technologies and clinically proven proprietary ingredients. This carefully crafted collaboration of science and nature allows MONAT to provide an unparalleled and unique age prevention hair and skin care experience. Please visit www.monatglobal.com for in-depth information about MONAT and its product lines. 

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