Reed’s Inc. Appoints Thomas J. Spisak as Chief Financial Officer
02 Dezembro 2019 - 10:00AM
Reed’s Inc. (Nasdaq: REED) (“Reed’s” or the “Company”), owner of
the nation’s leading portfolio of handcrafted, all-natural
beverages, today announced the appointment of Thomas J. Spisak as
Chief Financial Officer, effective December 2, 2019.
Mr. Spisak brings to Reed’s nearly 30 years of
experience providing financial and accounting leadership, including
extensive expertise over a broad range of finance functions during
his 26 year tenure in the North America region of Diageo, a
multinational alcoholic beverage company with net sales over UK
£12.9 billion (U.S. $16 billion). Mr. Spisak held numerous
positions in multiple divisions of Diageo, most recently serving as
Vice President of Finance and Controller of North America.
Previously, he held positions of Vice President of Commercial
Finance, Director of Business Performance and Senior Finance
Director of Marketing and Innovation Decision Support, as well as
other roles in finance. Prior to Diageo, Mr. Spisak served at
International Masters Publishers, Inc., a private company with
publishing activities in 35 countries. Mr. Spisak holds an MBA in
International Business from Fairfield University and a Bachelor of
Science in Finance from the University of Rhode Island.
“We are thrilled to have someone with Tom’s
significant beverage company experience join Reed’s as we embark on
the next chapter of the Company’s history building our world class
brands,” said John Bello, Chairman and Interim CEO of Reed’s, Inc.
“We are well positioned with strong on-trends brands, a pipeline of
innovation and significant new category and channel opportunities
to drive growth. We have been building an experienced operating
team to execute this next phase of our growth and are excited about
our opportunities to further build our brands and drive shareholder
value.”
“I’m honored to be joining the Reed’s family at
such an exciting time with an incredibly talented team. I look
forward to helping position the Company for future growth and
expansion,” said Mr. Spisak.
Joann Tinnelly, who served as Interim Chief
Financial Officer during the transition, will resume her role as
Vice President and Corporate Controller of Reed’s Inc. and take on
an expanded role in Finance and Corporate Strategy reporting
directly to the CFO.
“I would like to thank Joann for her significant
contributions over the last month during our recent search and
transition. She has been invaluable throughout her tenure at Reed’s
and has worked tirelessly to ensure a seamless transition,”
continued Mr. Bello.
About Reed’s, Inc.:
Established in 1989, Reed's is America's
best-selling Ginger Beer brand and has been the leader and
innovator in the ginger beer category for decades. Virgil's is
America's best-selling independent, full line of natural craft
sodas. The Reed's Inc. portfolio is sold in over 35,000 retail
doors nationwide. Reed's Ginger Beer is unique due to the
proprietary process of using fresh ginger root combined with a
Jamaican inspired recipe of natural spices and fruit juices. Reed’s
uses this same handcrafted approach in its award-winning Virgil's
line of great tasting, bold flavored craft sodas.
For more information about Reed’s, please visit
the Company’s website at: http://www.drinkreeds.com or call
800-99-REEDS. Follow Reed’s on Twitter, Instagram, and Facebook
@drinkreeds.
For more information about Virgil’s please visit
Virgil’s website at: http://www.virgils.com. Follow Virgil’s on
Twitter and Instagram @drinkvirgils and on Facebook
@drinkvirgilssoda.
CONTACT:
Investor RelationsScott Van Winkle, ICR(800) 997-3337 Ext 6Or
(617) 956-6736Email: ir@reedsinc.comwww.reedsinc.com
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