Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, has named a new chief financial officer: Ron Wall. Effective May 2, 2022, Wall will be managing all financial aspects of the company including accounting, tax, financial planning and analysis, treasury, M&A activities and capital markets. Wall comes to Splash Beverage with 25-plus years of senior financial leadership and executive management experience in the beverage and spirits space. For the past decade, he has served as CFO for William Grant & Sons, an independent, family-owned distiller of Scotch whiskey and other spirts, with products available in more than 200 markets around the world. In that capacity, Wall led the planning and delivery of $500 million in sales for the company’s North American and Latin American regions, which also entailed cost controls for $50 million in overhead and $10 million in production and operating costs. He has also served in senior financial roles at Diageo Plc. “Ron’s impressive financial and operational experience, especially his deep knowledge of the beverage sector will be a tremendous asset to our executive team at Splash,” said Splash Beverage Group CEO Robert Nistico in the press release. “Someone of Ron’s caliber joining the team is an important validation of our vision: growth thru acquisition. Ron is stepping into a critical role and his large company M&A experience is exactly what we need at exactly the right time. We’re thrilled to have him and look forward to his contributions to our continued success at Splash.”
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About Splash Beverage Group Inc.
Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and nonalcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drink. Splash’s strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution. For more information about the company, please visit www.SplashBeverageGroup.com.
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