The Tinley Beverage Company Inc. announced their appointment of David Hackett as their Chief Financial Officer, effective March 3, 2021. Mr. Hackett succeeds David Berman, who resigned the role. However, Mr. Berman will continue to assist the company in a limited capacity on a consulting basis.
“…we are grateful to David Berman for his years of service and congratulate him on his new venture. We simultaneously look forward to working with him as he continues to support our growth in a new capacity at Tinley,” said Jeff Maser, Founder and CEO of The Tinley Beverage Company Inc.
Prior to his appointment, Mr. Hackett served as 48 North Cannabis Corp.’s Corporate Secretary and Chief Financial Officer. During his time with 48 North, Mr. Hackett oversaw the company’s growth from its initial buildout to a $30 million revenue run rate demonstrating the company’s success. Furthermore, Mr. Hackett supervised 48 North’s RTO and multiple strategic acquisitions.
Mr. Hackett’s 25-year long career speaks to his experience in the industry. He served as Chief Financial Officer and Corporate Secretary for consumer packaged foods, entertainment and technology companies, several of which have been traded on the Toronto, NASDQ and Australian Stock Exchanges. Adding to his list of accomplishments, Mr. Hackett also held senior financial management positions at EveryWare Development, Alliance Atlantis Communications and Entertainment Information Services Ltd. He also obtained an MBA from the Richard Ivey School of Business at the University of Western Ontario and is a Chartered Accountant and Professional Accountant.
“David Hackett’s experience with several companies that have each rapidly grown from nascent stages to fully scaled operations is critical for Tinley as our co-packing operations have now started and our branded products are being produced and sold in both Canada and the United States. We’re delighted to have attracted a CFO with Mr. Hackett’s level of experience,” said Jeff Maser, Founder and CEO of the Company. “At the same time, we are grateful to David Berman for his years of service and congratulate him on his new venture. We simultaneously look forward to working with him as he continues to support our growth in a new capacity at Tinley,” continued Jeff Maser
Tinley Beverage Company Inc. hopes to benefit from Mr. Hackett’s skills and experience as they continue to increase the scale of their operations in Canada and the US. Tinley just launched their Becketts “Low No Alcohol” brand in Alberta marking another significant step in the company’s growth.
Mr. Hackett has been granted stock options to purchase up to 200,000 common shares of Tinley Beverage Company Inc. at an exercise price of $0.48 per share.
The company’s stock price currently sits at $0.48 which is up from $0.475.