DAVIDsTEA Inc. Appoints Mr. Bruce J. Guerriero, CPA-CA to Its Board of Directors
December 10 2015 - 4:02PM
DAVIDsTEA Inc. (Nasdaq:DTEA) today announced that Mr. Bruce J.
Guerriero, CPA-CA, was appointed to the Company's Board of
Directors on December 7, 2015 to fill in the directorship vacancy
following the passing of Mr. Thomas Stemberg on October 23, 2015.
Mr. Guerriero will also chair the Audit Committee of the Company.
Mr. Guerriero was a Senior Audit Partner in the Montreal office
of KPMG LLP, where he practiced for 38 years before retiring in
September 2014. During his years at KPMG, Mr. Guerriero served as
the lead audit engagement partner for companies in different
business sectors, including Consumer Markets and Retail. He also
served on the Partnership Board of Directors for KPMG in Canada
from 2003 to 2010. In addition, Mr. Guerriero assisted companies
with their public offerings on Canadian and US exchanges as well as
provided them with assistance in meeting their ongoing financial
requirements with the Canadian and US securities regulators.
Sylvain Toutant, President and Chief Executive Officer, stated,
"We are extremely pleased to welcome Bruce to DAVIDsTEA's Board of
Directors. As an independent director, Bruce will bring leadership
and valuable financial expertise to our Board of Directors and
Audit Committee."
About DAVIDsTEA Inc.
DAVIDsTEA is a fast-growing branded beverage company, offering a
differentiated selection of proprietary loose-leaf teas,
pre-packaged teas, tea sachets and tea-related gifts and
accessories. As of October 31, 2015, the Company owned and operated
183 DAVIDsTEA stores throughout Canada and the United States. The
Company is headquartered in Montréal, Canada.
CONTACT: Investor Contact:
ICR, Inc.
Farah Soi/Rachel Schacter
203-682-8200
investors@davidstea.com
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