Eastside Distilling, Inc. Announces Board and Committee Changes
August 05, 2020 at 04:57 pm EDT
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On July 30, 2020, the Board of Eastside Distilling, Inc. appointed Eric Finnsson to the Board, effective immediately, to serve until the Company's 2021 Annual Meeting of Stockholders or until his respective successor is duly elected and qualified or until his earlier death, resignation or removal, whichever first occurs. Mr. Finnsson has been appointed to the Board's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, each effective immediately. At such time, the Board determined that Mr. Finnsson is an independent member of the Board. Mr. Finnsson has also been appointed as chair of the Audit Committee. Since March 2019, Mr. Finnsson has served as chief financial officer of GLG Life Tech Corporation.
Eastside Distilling, Inc. is engaged in producing craft spirits in Portland, Oregon. The Company operates through two segments: Craft Canning + Printing and Spirits. Its Craft Canning + Printing segment provides digital can printing services to customers in the craft beverage industry operating throughout the Pacific Northwest as well as other states. It also provides mobile canning services to the craft beverage industry in Oregon. In addition to these services, the Company offers co-packing services from a single fixed site in Portland, Oregon. It offers co-packing services for non-alcoholic canned beverages, including CBD soda waters in Portland, Oregon. Its Spirits segment manufactures, blends, bottles, markets and sells a variety of alcoholic beverages under brands in 23 states in the United States. Its portfolio includes originals like the Quercus garryana barrel-finished Burnside Whiskey family, Portland Potato Vodka, Hue-Hue Coffee Rum, Azunia Tequilas and Eastside Brands.