Boston Beer (SAM) has issued an announcement.
Christopher I. “Biz” Stone and Joseph H. “Joe” Jordan have joined the Company’s Board of Directors, bringing their extensive experience in entrepreneurship, technology, and brand management to the team. Stone, a co-founder of Twitter and other successful ventures, and Jordan, an executive at Domino’s with deep marketing expertise, are expected to add significant value to the Board. Their appointments, which expand the Board to ten members, are part of the Company’s commitment to maintaining a majority of independent directors, aligning with NYSE and SEC standards. Their director compensation aligns with the Company’s policies, and their independence has been confirmed, ensuring the Board’s adherence to governance requirements.
Learn more about SAM stock on TipRanks’ Stock Analysis page.