Newage Appoints Kevin Manion As Finance Chief

NewAge Inc NBEV has appointed Kevin Manion as the new Chief Financial Officer.
Manion will receive an annual base salary of $550,000 and will be eligible to receive an annual performance-based cash bonus. He will receive a minimum guaranteed performance bonus of no less than $440,000 for 2021.
Before joining NewAge, Kevin was the CFO of fresh food company Calavo Growers Inc CVGW.
Kevin has a Bachelor's of Business Administration Degree from the University of Notre Dame.
On March 3, 2021, NewAge entered into an agreement amending the employment pact with Gregory Gould, whereby he will continue to serve as finance chief until July 2, 2021.
Price action: NBEV shares are trading higher by 0.25% at $2.015 on the last check Wednesday.