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Reed’s ( (REED) ) has shared an update.
On February 6, 2025, Reed’s announced significant leadership changes effective February 10, 2025, appointing Douglas McCurdy as Chief Financial Officer and transitioning Joann Tinnelly to Chief Accounting Officer. McCurdy, with extensive experience in finance and operations, aims to bolster Reed’s strategic initiatives alongside newly appointed Vice President of Operations, Salvatore Vassallo. These changes are designed to strengthen Reed’s operational foundation and position the company for long-term success in executing growth and profitability objectives.
More about Reed’s
Reed’s, Inc. is a leading company in the craft beverage industry, known for its natural, ginger-based products. Established in 1989, the company offers a portfolio of handcrafted beverages, including ginger beers, ginger ales, and craft sodas under the Reed’s, Virgil’s, and Flying Cauldron brand names. Reed’s products are available in over 45,000 stores nationwide and have expanded into the zero-sugar segment with a proprietary natural sweetener system.
YTD Price Performance: 75.21%
Average Trading Volume: 11,026
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $56.44M
Learn more about REED stock on TipRanks’ Stock Analysis page.