Michael Cammarata was born on 1985 and is an American businessman, health executive, and investor.
19 Facts About Michael Cammarata
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Michael Cammarata is the co-founder of Schmidt's Naturals, a personal care company that was acquired by Unilever in 2017, where he served as chief executive officer until 2019.
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From 2019 to 2024, Cammarata served as President, CEO, and board member of Neptune Wellness Solutions, positions he was forced to vacate as a cost cutting measure due to the company's ongoing negative financial situation.
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Michael Cammarata manages the venture capital fund Random Occurrence, which he founded in 2002.
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Michael Cammarata was born and raised in Long Island, New York.
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Michael Cammarata was diagnosed with dyslexia during his childhood, which affected his education.
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At the age of 13, Michael Cammarata founded his first business, EzzHosting, a web hosting company funded with $2,000 provided by his older brother.
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In 1996, Michael Cammarata developed Ultraboard, one of the early internet message boards utilizing PHP.
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In 2001, Michael Cammarata released one of the first video game music videos, which became one of the most downloaded files on GameSpy.
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At 15, Michael Cammarata launched a second business, an online advertising network.
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Michael Cammarata gave away websites for free to sell internet ads.
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In 2009, Michael Cammarata transitioned from technology into the music industry, managing the teen boy band Big Time Rush.
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Michael Cammarata managed the band through his company CMI Entertainment group.
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In 2013, Michael Cammarata began an investment fund, Random Occurrence.
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Michael Cammarata introduced an AI platform named Alexander at Schmidt's Naturals to manage customer service and deliver personalized messaging.
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In July 2019, Michael Cammarata joined Neptune Wellness Solutions, where he served as president and chief executive officer.
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In February 2021, Michael Cammarata acquired a controlling interest in baby-food maker Sprout Foods in a transaction that brought Morgan Stanley Expansion Capital into Neptune as a major shareholder.
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Michael Cammarata was suspended as President and CEO of Neptune as a cost-cutting measure in February 2024, Neptune then announced Michael Cammarata's resignation backdated to February in early March 2024.
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Neptune Wellness Solution's market capitalization fell from a peak of $530 million on July 30,2019, the month Michael Cammarata joined the company, to $1.4 million on February 23,2024, the date of Michael Cammarata's resignation.