CEO of billion-dollar supplement firm AG1 resigns over criminal scrutiny
Chris Ashenden, the CEO of AG1, a billion-dollar supplement company, has resigned amid scrutiny over his criminal history and unpaid reparations. An investigation revealed he failed to pay court-ordered reparations to victims of his past property deals. Ashenden, previously a police officer, faced legal issues for misleading property sales. He acknowledged his mistakes but denied any criminal convictions until recent revelations contradicted his claims. His departure follows media inquiries about AG1's revenue and product claims. Kat Cole, the former president, has taken over as CEO. AG1, known for its influencer marketing, is projected to generate over $600 million in revenue this fiscal year.