Following ongoing rumors that Bob Moore would be or had been replaced as CEO of iGPS, the Pegasus Capital Advisors website is now reporting that Steve Marton of Pegasus is currently serving as interim Chief Executive Officer of iGPS, as reported last week in the Pallet Profile Weekly. Moore is still listed as Chairman of the Board.
According to the Pegasus site, Marton has spent over 20 years in general management, new product development and brand leadership. Aside from his current iGPS involvement, he also serves as Chairman of Halo, Purely for Pets and a Board Member for Hain Pure Protein Corporation, both Pegasus portfolio companies. Mr. Marton was previously Group President of the Office Products Division of Newell Rubbermaid, and previously was President and COO of Hill’s Pet Nutrition.