Reed’s, Inc. Nominates Rhonda Kallman as a Member of the Board of Directors
November 08 2021 - 4:05PM
Reed’s, Inc. (“Reed’s) (Nasdaq: REED), owner of the nation’s
leading portfolio of handcrafted, all-natural beverages, today
announced that Rhonda Kallman will be added to the board of
directors' slate of nominees standing for election at the Reed's
2021 annual stockholders meeting. The other nominees, all of whom
currently serve on Reed’s board, are John Bello, Norman E. Snyder,
Jr., Lewis Jaffe, James C. Bass and Louis Imbrogno, Jr. Kallman,
has been nominated to fill the seat left vacant by Scott R.
Grossman, who, as previously reported, is retiring as a director as
of the 2021 annual meeting date.
Kallman has over 35 years of experience in the
alcohol beverage industry and is considered one of America’s
beverage industry thought leaders. In 1984, she co-founded The
Boston Beer Company and served as EVP, overseeing sales &
marketing as well as the company’s human capital. Kallman was
instrumental in paving the way for craft beer acceptance by making
it available throughout the US while educating consumers on
American craft beer superiority. In addition, as the pioneering
women in the beer industry, she was able to lead the way for other
women to earn the respect and credibility they deserve. In 2012,
Kallman founded Boston Harbor Distillery, makers of craft whiskey,
gin, rum, liqueurs, and other inventive spirits in a historic
location on Boston’s southernmost waterfront.
“Rhonda brings beverage breadth, depth and experience to Reeds.
She strengthens our team operationally and strategically as we
continue to develop and bring “everything ginger” products to
market,” said John Bello, chairman of Reed’s board of
directors.
Kallman commented “Reed’s powerful brand and
unique portfolio of high-quality products have a tremendous
consumer following and are well positioned for significant growth.
I look forward to working closely with this talented team to
continue the growth well into the future.”
“Given new professional responsibilities, I’m
required to devote more time away from Reed’s, but I will continue
to be a meaningful supporter and shareholder. Rhonda Kallman will
be a great addition to the team and I’m confident Reed’s is
well-positioned to build on the many initiatives enacted to create
shareholder value.” said Grossman.
Bello added, “We would like to thank Scott
Grossman for his strong support and service to the board and
company.”
The annual meeting is expected to be held
virtually on or about December 21, 2021
About Reed's, Inc.
Reed’s is an innovative company and category
leader that provides the world with high quality, premium and
naturally bold™ better-for-you beverages. Established in 1989,
Reed's is a leader in craft beverages under the Reed’s®, Virgil’s®
and Flying Cauldron® brand names. The company’s beverages are now
sold in over 40,000 stores nationwide.
The Reed’s® brand is known as America's #1 name
in all-natural, ginger-based beverages. Crafted using real ginger
and premium ingredients, the Reed’s® portfolio includes ginger
beers, ginger ales, ready-to-drink ginger mules, ginger shots, and
ginger candies. The brand has recently successfully expanded into
the zero-sugar segment with its proprietary, all-natural sweetener
system.
Virgil's® is an award-winning line of craft
sodas, made with the finest natural ingredients and without GMOs or
artificial preservatives. The brand offers an array of great
tasting, bold flavored sodas including Root Beer, Vanilla Cream,
Black Cherry, Orange Cream, and more. These flavors are also
available in nine zero sugar varieties which are naturally
sweetened and certified ketogenic.
Flying Cauldron® is a non-alcoholic butterscotch
beer prized for its creamy vanilla and butterscotch flavors. Sought
after by beverage afficionados, Flying Cauldron™ is made with
all-natural ingredients and no artificial flavors, sweeteners,
preservatives, gluten, caffeine, or GMOs.
For more information, visit drinkreeds.com, virgils.com and
flyingcauldron.com.
CONTACT:
Investor RelationsReed Anderson, ICR(800) 997-3337 Ext 2Or (646)
277-1260 Email: ir@reedsinc.com www.reedsinc.com
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