NewAge announced that ihat its Board of Directors has appointed Ed Brennan as its new Chairman.
Ed Brennan succeeds Gregory Fea, who served as Chairman of the Board since 2018. The appointment is effective January 1, 2022, after which Fea will remain a member of the Board.
Ed Brennan has extensive experience running major multinational companies, having served as Chairman and Chief Executive Officer of Duty Free Shoppers, a global luxury retailer, for more than two decades. He currently serves as Chief Executive Officer of the Miller Family Office, which provides services to the Miller family and Bob Miller, the founder of Duty Free Shoppers, in Hong Kong.
“Greg has overseen our Board during a time of tremendous growth, transitioning from a small beverage company to a leader in social selling, uplisting to the Nasdaq, and growing from a company with just over $25 million in annual revenues in 2016 to more than $400 million today. NewAge has been and will continue to be very fortunate to have Greg’s vision and voice in the boardroom,” said Ed Brennan. “I look forward to continuing to work with him and the other directors as we continue to oversee NewAge’s next phase of growth.”