TORRANCE, Calif. — Momentum Management has promoted COO Hui Newnham to fill the chief executive spot being vacated by company founder Justin Ross.
Ross has stepped down from his day-to-day CEO duties, and has taken over as chairman of the board, taking on “more of an advisory role” for the company, a rep explained.
Newnham, who has been with the company since 2013, “has helped Momentum Management enhance its solutions on national and international levels since he joined,” said the rep. “He has over 30 years of experience with all facets of retail, wholesale and sales distribution, and has been pivotal in supporting the growth of Momentum Management during his tenure as COO.”
Ross founded Momentum Management in 2005 and “has helped to generate positive profits for the company from his first year,” the rep noted. “Over the 180 months that Ross has managed daily CEO duties, the company has been profitable for 177 months, which is an unprecedented record in the sexual health and well-being industry.”
Addressing Newhnam's promotion, Ross said, "Hui has been instrumental in the growth and forward progress of Momentum Management over this past decade. I'm confident that his continued leadership is exactly what we need as we navigate the changing retail landscape ahead of us."
Newnham, the rep said, believes that “quality starts at the front door” and expects to “continue to move Momentum Management into a position for further growth and success.”
Newnham’s experience in international systems, the rep concluded, is expected to help the company expand further in international markets.
For more information, visit MomentumManagement.com.