Splash Beverage Group Names Stacy McLaughlin as Chief Financial Officer
31 Janvier 2024 - 2:16PM
via NewMediaWire - Splash Beverage Group, Inc. (NYSE
American: SBEV) ("Splash" or the "Company"), a portfolio company of
leading beverage brands, today announced the appointment of Stacy
McLaughlin as Chief Financial Officer effective January 24th, 2024.
“Stacy’s impressive financial and operational experience,
especially her deep knowledge of public finance & accounting,
capital markets, in addition to managing $400M in revenue in a
previous role, will be a tremendous asset to our executive team at
Splash,” said Robert Nistico, Chief Executive Officer of Splash
Beverage Group. “Someone of Stacy’s caliber joining the team
is an important validation of our vision, ‘growth through
acquisition and public compliance’. Stacy is stepping into a
critical role and her financial acumen is exactly what we need, at
exactly the right time. We’re thrilled to have her on the
executive team and look forward to her contributions to our
continued success at Splash.”
Ms. McLaughlin joins Splash with 21 years of
finance and accounting experience. Prior to joining the
Company, Ms. McLaughlin was Chief Financial Officer of Material
Technologies Corp., from 2022 to 2023. From 2013 to 2021, Ms.
McLaughlin was the Vice President and Chief Financial Officer of
Willdan Group, Inc. (Willdan); her initial role was Compliance
Manager from 2010 to 2013. During her tenure at Willdan, she was
responsible for accounting and finance functions, SEC reporting,
investor relations, treasury, and managed a follow-on equity
offering. Prior to Willdan, Ms. McLaughlin was, from 2009 to 2010,
Senior Associate at Windes & McClaughry Accountancy Corporation
and, from 2004 to 2009, Senior Audit Associate at the public
accounting firm KPMG LLP. Ms. McLaughlin has a Masters in
Accounting from the University of Southern California and BS from
the University of Arizona. Ms. McLaughlin is a Certified Public
Accountant (CPA).
“I’m very excited to join Splash Beverage Group,”
said McLaughlin. “With my prior experience growing a $50M to $400M
revenue public company more than 30% year-over-year, I believe I
can be an added asset to the Splash team. I look forward to
accomplishing our goals and increasing shareholder value.”
Her responsibilities at Splash will include
overseeing all financial aspects of the company including
accounting, tax, financial planning and analysis, treasury, M&A
activities, and capital markets. She will report to the company’s
Chief Executive Officer, Robert Nistico.
About Splash Beverage Group, Inc.Splash
Beverage Group, an innovator in the beverage industry, owns a
growing portfolio of alcoholic and non-alcoholic beverage brands
including Copa di Vino wine by the glass, SALT flavored tequilas,
Pulpoloco sangria, and TapouT performance hydration and recovery
drink. Splash’s strategy is to rapidly develop early-stage brands
already in its portfolio as well as acquire and then accelerate
brands that have high visibility or are innovators in their
categories. Led by a management team that has built and managed
some of the top brands in the beverage industry and led sales from
product launch into the billions, Splash is rapidly expanding its
brand portfolio and global distribution.
For more information
visit:www.SplashBeverageGroup.comwww.copadivino.comwww.drinksalttequila.comwww.pulpo-loco.comwww.tapoutdrinks.com
Forward-Looking StatementThis press release
includes “forward-looking statements” within the meaning of U.S.
federal securities laws. Words such as “expect,” “estimate,”
“project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,”
“may,” “will,” “could,” “should,” “believes,” “predicts,”
“potential,” “continue” and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements involve significant risks and uncertainties that could
cause the actual results to differ materially from the expected
results and, consequently, you should not rely on these
forward-looking statements as predictions of future events. These
forward-looking statements and factors that may cause such
differences include, without limitation, the risks disclosed in the
Company’s Annual Report on Form 10-K filed with the SEC on March 8,
2021, and in the Company’s other filings with the SEC. Readers are
cautioned not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. Except as
required by law, the Company disclaims any obligation to update or
publicly announce any revisions to any of the forward-looking
statements contained in this press release.
Contact Information:Splash Beverage
GroupInfo@SplashBeverageGroup.com954-745-5815
Splash Beverage (AMEX:SBEV)
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