Bourbon Brothers Announces the Addition of Two New Members to the Board of Directors and Management Changes
March 10 2014 - 5:24PM
Bourbon Brothers Holding Corp. (OTCBB:RIBS) today announced the
transition of their President and CEO, Robert Mudd, the addition of
two new members to the Board of Directors and the promotion of
Shawn Owen to Chief Operating Officer.
On March 5, 2014, President and CEO Robert Mudd tendered his
resignation as President and CEO due to personal reasons and to
pursue other opportunities within the Bourbon Brothers growth plan.
Mr. Mudd stated, "I am very excited about the foundation that has
been established and believe that the company has incredible
expansion opportunities. I look forward to remaining
significantly involved in the success of Bourbon Brothers as a
member of the Board of Directors and expect to establish a real
estate development company focused on assisting Bourbon Brothers in
rolling out the next 40 locations." The Board of Directors
accepted his resignation and have established a mutually agreed
plan that will result in his transition on June 1, 2014.
The company has offered the Chief Operating Officer position to
Shawn Owen and he has formally accepted. He brings extensive
restaurant management experience to the team. Prior to joining
the company, Mr. Owen served as the General Manager at Southern
Hospitality Denver from August 2012 through February 2014.
Mr. Owen has spent his entire career in restaurant operations
and management, as manager of restaurant operations at The Walnut
Brewery in Boulder, Colorado from 2011 to 2012, at the New Berlin
Entertainment Center in New Berlin, Wisconsin, from 2010 to 2011,
and at Stonefire Pizza Co. in New Berlin, Wisconsin from 2006
through 2010.
In addition, the company is excited to announce the addition of
David Lavigne and Richard Steward to the Board of
Directors.
Mr. Lavigne, age 52, is also currently a member and manager of
Cathedral Peaks Capital, LLC, a privately-owned Colorado LLC and
was a founder of Bourbon Brothers Holding Company, LLC in 2013
before being acquired by Bourbon Brothers Holding Corporation in
January 2014. Mr. Lavigne co-founded Accredited Members
Acquisition Corporation, a privately-owned Colorado LLC in 2012 and
founded EdgeWater Research Partners, LLC in 2002, the predecessor
of Accredited Members, Inc. Mr. Lavigne has spent almost 30
years in the financial and investment industries, primarily
employed by small, regional sell-side broker-dealers involved in
the provisioning of both investment banking and retail investment
services. Mr. Lavigne has served in those organizations as a
CEO, a National Sales Manager and Head of Equity Research. His
responsibilities in those positions included sales development,
financial reporting, and a host of other management related
functions, as well as creating research and analysis for retail and
institutional clients, and corporate finance departments of his
respective employers. Mr. Lavigne graduated from the
University of Idaho in 1984 with a Bachelor of Science in
Finance.
Mr. Steward, age 70, currently sits on the boards of BCI
Construction Inc., a privately-held corporation based in Colorado
Springs, and Pikes Peak Range Rider Foundation, a Colorado
non-profit corporation. Mr. Steward has previously sat on the
boards for the Colorado Springs Chamber of Commerce, Pikes Peak or
Bust Rodeo (associated with the Pikes Peak Ranger Rider
Foundation), Ride for the Brand Championship Ranch Rodeo based in
Colorado Springs, and Sheet Metal Air Conditioning National
Association (SMACNA). In 1995, Mr. Steward served as the
National President of SMACNA. Mr. Steward is also currently a
Trustee for the Sheet Metal Worker's National Pension Fund.
In 1971, Mr. Steward joined Heating and Plumbing Engineers
Inc. and retired as its owner in 2004. From 1965 to 1971, Mr.
Steward worked at Alcoa Aluminum, where he helped develop aluminum
beer cans and pull-tabs. Mr. Steward graduated from Colorado
School of Mines where he received a Bachelor of Science in
Metallurgical Engineering in 1965.
JW Roth, Chairman of Bourbon Brothers Holding Corporation
stated, "Today we took a number of important steps that will
accelerate our ability to meet our objective of opening 40 stores
in 60 months. Shawn Owen has demonstrated great excellence as
an experienced leader of operations in high growth restaurant
brands. This strengthens both our company owned store growth
capacity as well as our plans to franchise Bourbon Brothers
Southern Kitchen. Robert Mudd will be focused on the real
estate, which is a critical cornerstone to our growth
strategy. Dave Lavigne brings significant financial and public
company oversight experience to our board and Richard Steward has
unparalleled experience in construction and general contractor
oversight. This is a great foundation for our growing
enterprise."
More information about Bourbon Brothers Holding Corporation can
be found on the company's website,
www.BourbonBrothers.com.
More information about the first location of Bourbon Brothers
Southern Kitchen is available at
www.BourbonBrothersSouthernKitchen.com.
Forward-Looking Statements
The information in this news release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements involve risks
and uncertainties, including statements regarding the company's
business strategy and expectations. Any statements contained herein
that are not statements of historical facts may be deemed to be
forward-looking statements. In some cases, forward-looking
statements can be identified by terminology such as "may," "will,"
"should," "expect," "plan," "intend," "anticipate," "believe,"
"estimate," "predict," "potential," or "continue," the negative of
such terms or other comparable terminology. Actual events or
results may differ materially. The company disclaims any obligation
to publicly update these statements, or disclose any difference
between its actual results and those reflected in these statements.
The information constitutes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of
1995.
CONTACT: IR Contact: Mitchell Roth
Email: mroth@bourbonbrothers.com
Phone: (719) 265-5821
PR Contact: Brandy Fugate
Email: brandy@bourbonbrothers.com
Phone: (719) 265-5821
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