Chris Reed, founder and chief executive officer of Reed's Inc., commented, "We are excited that David has joined Reed's in the capacity of interim chief financial officer. In addition to his financial and analytical acumen, we are impressed with David's operational experience and background in law and negotiations."
Additionally, the company also announced that Thierry Foucaut has resigned as the company's chief operating officer to pursue other interests.
Reed further commented, "We thank Thierry for his contributions to Reed's over the past seven years and wish him well in his future endeavors. As our business continues to expand, we are strategically evaluating and reformulating the roles and responsibilities of our senior management team. I'm using this time of transition to refine the way we manage the company. We have a great team here at Reed's that have been on board for many years and are making this transition very smooth."