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Benzinga
Benzinga
Business
Shivani Kumaresan

NewAge Appoints Ed Brennan As Interim CEO

  • NewAge Inc (NASDAQ:NBEV) has appointed Ed Brennan, Chair of its board, as the interim Chief Executive Officer, effective immediately.
  • Brennan succeeds Brent Willis following his resignation earlier in 2022.
  • Related: NewAge Preliminary Q4 Revenue Misses Street View; CEO Brent Willis Resigns
  • Brennan will retain his Chair responsibilities while the board continues its CEO search.
  • Brennan has served as a member of NewAge's board since 2017 and as Chair since January 2022.
  • He had previously served as the Chairman and CEO of the global luxury retailer Duty Free Shoppers for more than two decades.
  • Price Action: NBEV shares closed higher by 9.27% at $0.64 on Wednesday.
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