TODD KWAIT
Todd Kwait has a distinguished record of success as a business executive, a lawyer, a documentary filmmaker and a record producer. A dynamic and creative leader, Todd personifies the business manager with an entrepreneurial spirit that is the hallmark of today’s global executive.
Todd began his career as a lawyer in Cleveland, Ohio after graduating from Case Western Reserve University School of Law in 1984, and then transitioned to the corporate world in a move that resulted in the retail consulting firm, Kwait & Associates. Todd executed the launch of three extremely successful branded products, which today, are household names. Those products are Purell, the waterless hand sanitizer, the Spin Brush, an extremely popular battery operated power toothbrush, and Carbolite, a very successful line of low carb candy bars. Todd demonstrated his leadership and business savvy, ultimately transforming private label, or store brands, in the chain drug industry.
In 1998, Todd repositioned himself in the corporate world by investing in the private label manufacturing enterprise, Product Quest Manufacturing, Inc. Todd’s managerial expertise and visionary leadership led to the company expanding their product offerings, increased their relationships with mass merchants to include Walmart, Walgreens, CVS, Rite Aid, Dollar General, Family Dollar and, penetrated the upscale market with Sephora and Ulta Cosmetics. Particularly notable, Todd opened international channels with Product Quest. He played a key role in the Lumene skin care line, out of Finland, becoming available at CVS. Todd’s significant leadership role in setting the company’s global strategic direction has resulted in Product Quest becoming a manufacturer for many European beauty companies.
Throughout his tenure in the chain drug industry, Todd has been very active in the trade association, the National Association of Chain Drug Stores (NACDS). It is a critical lobbying group on behalf of the chain drug store industry. Todd sat on the Retail Advisory Board (RAB), where he resurrected the board’s function and relevance thereby enhancing the strength of the entire trade association. Todd’s success on the board is unparalleled as he motivated fellow board members, redirected the board’s mission to reflect current industry trends and consolidations. Todd credits his success to his grasp of the nuances of the board, his understanding of the relationships and roles of fellow board members and, ultimately, of their ability to effect change. Between 2008 and 2010, Todd served as the Chairman of the Retail Advisory Board. The board is made up of Fortune 500 companies such as Proctor & Gamble, Johnson & Johnson, Unilever, Coca-Cola, PepsiCo, Walmart, Walgreens, CVS, etc. Todd’s distinguished position on the board was atypical for a small company.