The Vita Coco Company Announces CFO Transition
17 Juin 2022 - 2:01PM
The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the
“Company”), a leading high-growth platform of better-for-you
beverage brands, today announced that CFO Kevin Benmoussa will
depart the company later this year in order to pursue an expanded
finance and executive role outside of the beverage industry. It is
expected that Benmoussa will remain at The Vita Coco Company until
August 31st to fully complete second quarter reporting activity.
The Company will conduct a formal search for Benmoussa’s
replacement.
“Kevin has been an outstanding leader at our company who has
guided us through a period of strong growth despite the challenges
of a global pandemic,” said Mike Kirban, Co-Founder and Executive
Chairman of The Vita Coco Company. “Beyond benefiting from his
expertise in the beverage industry, Kevin is a great colleague and
friend. I am lucky to have had him by my side since 2018, and I am
especially proud of his work to support The Vita Coco Company’s IPO
in 2021.”
Kevin Benmoussa joined The Vita Coco Company in 2018. During his
tenure, Benmoussa was responsible for expanding the company’s
accounting, financial planning, legal, human resources and IT
departments in anticipation of The Vita Coco Company’s initial
public offering, which occurred in October 2021.
ABOUT THE VITA COCO COMPANY The Vita Coco
Company, Inc. was co-founded in 2004 by Michael Kirban and Ira
Liran. Pioneers in the functional beverage category, The Vita Coco
Company’s brands include the leading coconut water, Vita Coco;
clean energy drink, Runa; sustainable enhanced water, Ever &
Ever; and protein-infused water, PWR LIFT. With its ability to
harness the power of people and plants, and balance purpose and
profit, The Vita Coco Company has created a modern beverage
platform built for current and future generations.
CONTACTSInvestor:John
Mills646-277-1254investors@thevitacococompany.com
Media:Tim
Biba203-428-3222tbiba@soleburytrout.com
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements, within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements with respect to future plans for the
Company’s management, operations and strategic goals. We caution
that these statements are not guarantees of future performance.
Actual results may differ materially from those expressed or
implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other
factors beyond the control of the company. These factors include,
but are not limited to factors discussed under the caption “Risk
Factors” in our Annual Report on Form 10-K for the fiscal year
ended December 31, 2021 filed with the U.S. Securities and Exchange
Commission (“SEC”) on March 14, 2022, our Quarterly Reports of Form
10-Q and our other filings with the SEC as such factors may be
updated from time to time and which are accessible on the SEC’s
website at www.sec.gov and the Investor Relations page of our
website at investors.thevitacococompany.com. Any forward-looking
statements contained in this press release speak only as of the
date hereof and we disclaim any obligation or undertaking to update
or revise any forward-looking statements contained in this press
release, whether as a result of new information, future events or
otherwise, other than to the extent required by applicable law.
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