PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 5, 2019--
Brew Alliance, Inc. (“CBA”) (Nasdaq: BREW), a leading craft brewing
company, announced today that Matthew E. Gilbertson has been appointed
to its Board of Directors, effective February 4, 2019. Mr. Gilbertson
replaces João Paulo Falcão Vieira, who departed CBA’s Board December 31,
“We are very pleased to welcome Matt to CBA’s Board of Directors,” said
Craft Brew Alliance Chairman of the Board David Lord. “Matt’s experience
and extensive track record helping companies analyze growth strategies
will be invaluable as we look to accelerate Kona’s global growth while
exploring new opportunities to address changing consumer trends and
drive shareholder value. On behalf of the board, we also thank João for
his strong support of CBA during his tenure with us.”
Mr. Gilbertson has served in multiple senior financial management roles
within Anheuser-Busch InBev (“A-B”) since joining the company in 2014.
He currently serves as Treasurer and a Vice President for the North
American Zone. Before joining A-B, he served as a Director of Investment
Banking at Duff & Phelps, LLC. Mr. Gilbertson holds an MBA from the
University of Michigan Business School and a BS in Chemical Engineering
from the University of Michigan, College of Engineering.
Mr. Gilbertson was designated to serve on the Board by A-B as part of
CBA’s Amended and Restated Exchange and Recapitalization Agreement
through which A-B has the right to designate up to two Board Members.
Mr. Gilbertson fills the vacancy created by the resignation of Falcão
Vieira, a previous A-B designee.
Statements made in this press release that state the Company’s
intentions, hopes, beliefs, and expectations for the future, including
strategies and opportunities to drive revenue growth and shareholder
value, are forward-looking statements. Information concerning factors
that could cause actual results to differ materially from those in the
forward-looking statements is contained from time to time in the
Company’s SEC filings, including, but not limited to, the Company’s
report on Form 10-K for the year ended December 31, 2017. Copies of
these documents may be found on the Company’s website, www.craftbrew.com,
or obtained by contacting the Company or the SEC.
About Craft Brew Alliance
CBA is an independent craft brewing company that brews, brands, and
brings to market world-class American craft beers.
Our distinctive portfolio combines the power of Kona Brewing Company, a
dynamic, growing national craft beer brand, with strong regional
breweries and innovative lifestyle brands, Appalachian Mountain Brewery,
Cisco Brewers, Omission Brewing Co., Redhook Brewery, Square Mile Cider
Co., Widmer Brothers Brewing, and Wynwood Brewing Co. CBA nurtures the
growth and development of its brands in today’s increasingly competitive
beer market through our state-of-the-art brewing and distribution
capability, integrated sales and marketing infrastructure, and strong
focus on partnerships, local community and sustainability.
Formed in 2008, CBA is headquartered in Portland, Oregon and operates
breweries and brewpubs across the U.S. CBA beers are available in all 50
U.S. states and 30 different countries around the world. For more
information about CBA and our brands, please visit www.craftbrew.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190205005851/en/
Source: Craft Brew Alliance, Inc.
Media & Investor Contact:
McLean, Director of Communications, Craft Brew Alliance, Inc., (503)