SBEV) appoints financial strategy veteran as new CFO

Splash Beverage (US NYSE: SBEV), a holding company of major beverage brands, has appointed a new chief financial officer: Ron Wall. Effective May 2, 2022, Wall will manage all financial aspects of the business, including accounting, tax, financial planning and analysis, treasury, mergers and acquisitions activity, and capital markets. Wall comes to Splash Beverage with over 25 years of financial leadership and executive management experience in the beverage and spirits industry. For the past decade he has been Chief Financial Officer of William Grant & Sons, an independent, family-owned distiller of Scotch whiskey and other spirits, with products available in over 200 markets around the world. In this role, Wall led the planning and delivery of $500 million in sales for the company’s North America and Latin America regions, which also involved cost control for $50 million. overhead and $10 million in production and operating costs. He has also held senior financial positions at Diageo Plc. “Ron’s impressive financial and operational experience, particularly his in-depth knowledge of the beverage industry, will be a tremendous asset to our management team at Splash,” Splash Beverage Group CEO Robert Nistico said in the press release. hurry. “Having someone of Ron’s caliber join the team is an important validation of our vision: growth through acquisition. Ron steps into a critical role and his experience in large corporate mergers and acquisitions is exactly what we need at the right time. We are thrilled to have him and look forward to his contributions to our continued success at Splash.

To view the full press release, visit https://ibn.fm/wDH54

About Splash Beverage Group Inc.

Splash Beverage Group, a beverage industry innovator, has a growing portfolio of alcoholic and non-alcoholic beverage brands, including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria and hydration drink and high-performance recovery TapouT. Splash’s strategy is to rapidly grow early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovative in their categories. Led by a leadership team that has built and managed some of the beverage industry’s biggest brands and driven sales from product launch to billions, Splash is rapidly expanding its brand portfolio and global distribution. For more information about the company, please visit www.SplashBeverageGroup.com.

NOTICE TO INVESTORS: The latest news and updates relating to SBEV can be found in the company’s newsroom at https://ibn.fm/SBEV

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Don F. Davis