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Newage Appoints Kevin Manion As Finance Chief

  • NewAge Inc (NASDAQ: 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 (NASDAQ: 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.

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