LIFEWAY LEADERSHIP

JULIE SMOLYANSKY

PresidentChief Executive Officer

Julie Smolyansky became the youngest female CEO of a publicly held firm when she took over Lifeway Foods at age 27. Since that time, Julie has bolstered the company’s growth trajectory with innovative product development and marketing strategies, boosting annual revenues to over $130 million by 2015 and expanded distribution throughout the United States, Canada and the UK. She was recently named to Fortune Business ‘40 under 40,’ Fortune’s 55 most influential women on Twitter and Fast Company’s Most Creative People In Business 1000. Julie serves as a member of the United Nations Foundation Global Entrepreneurs Council and is part of the 2015 class of Young Global Leaders of the World Economic Forum. She has produced several documentaries, including “The Homestretch,” “Honor Diaries" and “The Hunting Ground” and recently founded the nonprofit Test400k. She lives in Chicago and is the mother of two girls.

JULIE SMOLYANSKY

PresidentChief Executive Officer

Julie Smolyansky became the youngest female CEO of a publicly held firm when she took over Lifeway Foods at age 27. Since that time, Julie has bolstered the company’s growth trajectory with innovative product development and marketing strategies, boosting annual revenues to over $130 million by 2015 and expanded distribution throughout the United States, Canada and the UK. She was recently named to Fortune Business ‘40 under 40,’ Fortune’s 55 most influential women on Twitter and Fast Company’s Most Creative People In Business 1000. Julie serves as a member of the United Nations Foundation Global Entrepreneurs Council and is part of the 2015 class of Young Global Leaders of the World Economic Forum. She has produced several documentaries, including “The Homestretch,” “Honor Diaries" and “The Hunting Ground” and recently founded the nonprofit Test400k. She lives in Chicago and is the mother of two girls.

EDWARD SMOLYANSKY

Chief Operating Officer

Edward Smolyansky has served as the Controller of the Company since June 2002 and acted as an executive assistant to his father, Lifeway's founder, former President and Chief Executive Officer Michael Smolyansky since being receiving his baccalaureate degree in finance from Loyola University of Chicago in December 2001. Edward Smolyansky is the brother of Company President and Chief Executive Officer Julie Smolyansky and the son of Lifeway's Chairperson of the Board of Directors, Ludmila Smolyansky. Edward Smolyansky will now serve as the Chief Executive Officer of the newly acquired Fresh Made.

EDWARD SMOLYANSKY

Chief Operating Officer

Edward Smolyansky has served as the Controller of the Company since June 2002 and acted as an executive assistant to his father, Lifeway's founder, former President and Chief Executive Officer Michael Smolyansky since being receiving his baccalaureate degree in finance from Loyola University of Chicago in December 2001. Edward Smolyansky is the brother of Company President and Chief Executive Officer Julie Smolyansky and the son of Lifeway's Chairperson of the Board of Directors, Ludmila Smolyansky. Edward Smolyansky will now serve as the Chief Executive Officer of the newly acquired Fresh Made.

JOHN WALDRON

Chief Financial Officer

John Waldron joined Lifeway as Vice President of Finance in July 2015. Prior to his employment at Lifeway, Mr. Waldron was a financial consultant at Tatum during 2015, counseling a large public company on effective controllership capabilities. Previously, Mr. Waldron was Vice President, Controller and Chief Accounting Officer at Campbell Soup Company from 2011 to 2013 and Vice President, Controller and Chief Accounting Officer of Navistar from 2006 to 2010. Prior to 2006 Mr. Waldron held various financial leadership positions with private and public companies including RR Donnelley the Follett Corporation Dominick's Supermarkets and Terrific Promotions. Mr. Waldron began his career at Arthur Andersen and he is a graduate of Loyola University of Chicago.

JOHN WALDRON

Chief Financial Officer

John Waldron joined Lifeway as Vice President of Finance in July 2015. Prior to his employment at Lifeway, Mr. Waldron was a financial consultant at Tatum during 2015, counseling a large public company on effective controllership capabilities. Previously, Mr. Waldron was Vice President, Controller and Chief Accounting Officer at Campbell Soup Company from 2011 to 2013 and Vice President, Controller and Chief Accounting Officer of Navistar from 2006 to 2010. Prior to 2006 Mr. Waldron held various financial leadership positions with private and public companies including RR Donnelley the Follett Corporation Dominick's Supermarkets and Terrific Promotions. Mr. Waldron began his career at Arthur Andersen and he is a graduate of Loyola University of Chicago.

LUDMILA SMOLYANSKY

FounderChairperson of the Board

Ludmila Smolyansky was appointed as a Director by the Board and unanimously elected as the Chairperson of the Board in November 2002. Ms. Smolyansky has been the operator of several independent delicatessen, gourmet food distributorship businesses and imported food distributorships. Ms. Smolyansky and Michael Smolyansky founded the company and Ms. Smolyansky served as the company’s General Manager. Ms. Smolyansky retired as an employee of the company and continues to serve the company as its Chairman of the Board and as a consultant. Ms. Smolyansky brings many years of food industry experience to the board.

LUDMILA SMOLYANSKY

FounderChairperson of the Board

Ludmila Smolyansky was appointed as a Director by the Board and unanimously elected as the Chairperson of the Board in November 2002. Ms. Smolyansky has been the operator of several independent delicatessen, gourmet food distributorship businesses and imported food distributorships. Ms. Smolyansky and Michael Smolyansky founded the company and Ms. Smolyansky served as the company’s General Manager. Ms. Smolyansky retired as an employee of the company and continues to serve the company as its Chairman of the Board and as a consultant. Ms. Smolyansky brings many years of food industry experience to the board.

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