NewAge, Inc. announced Ed Brennan will serve as chairman effective January 1, 2022. Brennan succeeds Gregory Fea, who has held the title since 2018 and will remain a member of the board following the transition.
“It has been a privilege to serve as NewAge’s board chair for the last three years,” Fea said. “I’m confident in our future and in Ed’s leadership as we continue our commitment to best practices in governance by rotating our board leadership positions with highly qualified individuals. Ed has been a member of the board since 2017 and has served as the chair of our compensation committee and a member of the governance committee. That experience provides a natural progression for Ed to serve as board chairman. We are confident that he will help ensure that our actions and decisions remain focused on the best interests of all our stakeholders in his new role.”
Brennan is an experienced board member, having served as chairman for a global luxury retailer, and a seasoned executive. He is currently the Chief Executive Officer of the Miller Family Office.
“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,” Brennan said. “NewAge has been and will continue to be very fortunate to have Greg’s vision and voice in the boardroom. I look forward to continuing to work with him and the other directors as we continue to oversee NewAge’s next phase of growth.”