Smart Balance adds two directors to board

PARAMUS, N.J. — Smart Balance announced that its board of directors has appointed Dean Hollis and Thomas McInerney as independent directors, expanding its members from eight to 10.

Currently, Hollis is a senior advisor for Oaktree Capital Management, an $85 billion investment firm. In addition, he oversees several privately held investments and serves on several boards, including Advance Pierre Foods, Landec Corporation, Earth Analytics Group, and Adams Land and Cattle Company.

Until 2008, Hollis was with ConAgra Foods, where for 21 years he held many executive-level positions, including president and COO consumer foods and international.Prior to joining ConAgra Foods, Hollis was with the TreeSweet Companies, holding management positions in both sales and marketing. He began his career in the consumer products division of Georgia-Pacific, where he spent four years advancing through a variety of sales management positions.

Since 1996, McInerney has been a Managing Partner of Lindsey & Company, an executive search firm. Previously, he was VP and general manager of the largest division of Tropicana Dole North America. McInerney was also the Executive Vice President of Marketing for the House of Seagram, the U.S. spirits affiliate of Joseph E. Seagram and Sons, Inc. McInerney was employed by the Seagram Corporation for 20 years. He began his career with National Distillers and Chemical Corporation where he held a number of sales, market research and product management assignments.