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Arev Brands CEO resigns, chairman to take over

Canada's AREV Brands International Ltd. said CEO Stephane Maher resigned, effective Oct. 11.

Chairman Mike Withrow will take over Maher's role. Withrow has agreed to work for $1 a year until the company is revenue positive.

Maher, who is also part of the board, will focus all his efforts on serving as the company's business development manager in the Quebec region.

Vancouver, British Columbia-based Arev produces and delivers natural health products for the medical, functional food, nutraceutical, sport nutrition and bioceutical markets.