22:06:13 EDT Tue 30 Apr 2024
Enter Symbol
or Name
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CA



Flow Beverage Corp
Symbol FLOW
Shares Issued 50,221,758
Close 2023-11-13 C$ 0.30
Market Cap C$ 15,066,527
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Flow Beverage appoints MacDonald as EVP of operations

2023-11-13 11:34 ET - News Release

Mr. Nicholas Reichenbach reports

FLOW BEVERAGE CORP. ANNOUNCES TRENT MACDONALD APPOINTED EXECUTIVE VICE-PRESIDENT OF OPERATIONS

Flow Beverage Corp. has appointed Trent MacDonald as executive vice-president of operations, in addition to his current role of chief financial officer.

Nicholas Reichenbach, founder and chief executive officer of Flow, stated: "Since starting at Flow in July of 2022, Trent has been instrumental to our company's transformation, with his leadership and influence extending well beyond his direct functional areas of responsibility. Trent took a leadership role in developing and executing on our path to profitability, restructuring our information technology ecosystem, spearheading our transition to third party logistics and the ongoing process to divest of our Aurora production facility. Trent has the full confidence of the board of directors and we are delighted to formalize his contributions with his appointment as EVP of operations."

Mr. MacDonald, chief financial officer and executive vice-president of operations, added: "Even before joining Flow, I was a believer in the brand, and my conviction in our future potential has only become stronger as a member of the Flow team. We are at a very exciting juncture in Flow's development. We are moving quickly to transform into an asset-light and profitable company, and I am very proud of the progress we have made so far. Even so, there is still work to be done to unlock shareholder value as we continue to accelerate growth of the Flow brand in a much more simplified organization. I am humbled by the support from the Flow team and the board of directors, and thank the entire organization for entrusting me with this expanded set of responsibilities."

About Flow Beverage Corp.

Flow is one of the fastest-growing premium water companies in North America. Founded in 2014, Flow's mission since day one has been to reduce environmental impacts by providing sustainably sourced naturally alkaline spring water in a recyclable and up-to-75-per-cent renewable, plant-based pack. Today, the brand is B Corp. certified with a best-in-class score of 126.5, offering a diversified line of health- and wellness-oriented beverage products: original naturally alkaline spring water, award-winning organic flavours, collagen-infused and vitamin-infused flavours in sizes ranging from 330 millilitres to one litre. All products contain naturally occurring electrolytes and essential minerals and support Flow's overarching purpose to bring wellness to the world through the positive power of water. Flow beverage products are available on-line and are sold at over 59,000 stores across North America.

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