Novus International, Inc. announced today that Thad Simons, president and chief executive officer has been named the Ernst & Young Entrepreneur Of The Year in Distribution and Manufacturing.
Simons received the national award “for transforming Novus International, Inc. from a one-product spinoff from Monsanto (in 1991) into a diversified, global manufacturer of health and nutrition products for livestock, pets and people,” according to Ernst & Young.
Despite economic challenges caused by the global recession, Simons has continued to guide Novus, growing the number of employees from 300 to over 800 globally and achieving annual sales of nearly $1 billion. He has expanded Novus’s innovative product portfolio, established new markets and expanded the business into new geographies worldwide.
Simons was presented the award at the Ernst & Young Strategic Growth Forum, the nation’s premier gathering of high-growth, market-leading companies.
In presenting the award, now in its 24th year, Bryan Pearce, Americas Director, Entrepreneur Of The Year, Ernst & Young LLP, said: “Successful entrepreneurs need to take risks and leave comfortable positions behind to build new companies in untested markets. Thad Simons has done just that. By constantly seeking opportunities in products and geographic markets where established companies had yet to tread, Simons built Novus into a 90-country powerhouse. He is very deserving of the Ernst & Young Entrepreneur Of The Year 2010 award in the Distribution and Manufacturing category.”
Novus International, based in Missouri Research Park in St. Charles, creates science-based health and nutrition solutions for the poultry, swine, dairy, beef, aquaculture, companion animal and human markets.