Eastside Distilling, Inc. Announces Executive Changes
January 26, 2017 at 02:32 am IST
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Eastside Distilling, Inc. received a written letter of resignation from Steven Earles stating that he has resigned, effective immediately, from his position as President and a director of the company. Mr. Earles did not sit on any committees of the Board of Directors. His resignation from all positions with the company was not because of any disagreements with the company on matters relating to its operations, policies and practices. In connection with his resignation, Mr. Earles has agreed to continue working with the company in a consultant capacity for the foreseeable future, the specific terms of which will be determined in the coming days. The vacancy on the company's board of directors resulting from Mr. Earles' resignation will remain vacant until
such time as a new director is identified and appointed. Similarly, the Company has not yet appointed a new President. Grover T. Wickersham continues to serve as the Company's Chief Executive Officer and Chairman of the board and, until such time as a new President is appointed, Grover T. Wickersham will assume the functions of that office.
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.