ProPhase Labs hires Stuart Hollenshead as COO

ProPhase Labs (PRPH) appointed Stu Hollenshead as COO. Following the sale of Pharmaloz Manufacturing, COO Jed Latkin has resigned and transitioned to a consulting role to focus on advancing ProPhase’s BE-Smart esophageal cancer test. He will collaborate with Igor Ban, Director of Research, for commercialization efforts. Hollenshead, at Business Insider, helped lead audience and subscription growth, contributing to its $442M acquisition by Axel Springer in 2015. Later, at Barstool Sports, Hollenshead served as COO & Chief Business Officer. Prior to Barstool, Hollenshead scaled TheStreet’s direct-to-consumer subscription business and later helped Business Insider surpass 100 million monthly users. In addition to his new role at ProPhase Labs, Hollenshead will continue serving as CEO of 10PM Curfew. Hollenshead was awarded a stock option to purchase up to 500,000 shares of ProPhase common stock as an inducement to his employment as COO of ProPhase Labs.