NewAge, Inc. (NBEV)

0.2400 -0.0200 (-7.69%) At close: 04:00PM EDT

NewAge, Inc.

2420 17th Street
Suite 220
Denver, CO 80202-2507
United States
303 566 3030
https://www.newage.com

Sector(s): Consumer Defensive
Industry: Beverages—Non-Alcoholic
Full Time Employees: 1,091

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Edward J. Brennan	Chairman & Interim CEO	70k	N/A	1957
Mr. Mark H. Wilson	Group Pres	N/A	N/A	1965
Mr. Kevin Manion	Chief Financial Officer.	N/A	N/A	1959
Phil Lewis	Sr. VP of Operations	N/A	N/A	N/A
Lisa Mueller	VP of Investor Relations	N/A	N/A	N/A
Ms. Jennifer S. Grafton	Sr. VP & Gen. Counsel	N/A	N/A	1976
Mr. Michael Cunningham	Sr. VP of Sales	N/A	N/A	N/A
Karima McDaniel	Chief Marketing Officer	N/A	N/A	N/A
Ms. Carin Casso Reinhardt	Chief People Officer	N/A	N/A	N/A
Mr. Jay Barrow	Head of Brand	N/A	N/A	N/A

Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. The company operates in two segments, Direct / Social Selling and Direct Store. It provides health and wellness, energy drink, essential oil and anti-aging skincare, cosmetic, beverage, snacks, water and air filtration, and personal care products, as well as weight management, nutritional supplement, nutraceutical, and slenderiize products; diagnostic products, such as DNA testing and diagnostic kits and products; and CBD products. The company offers its products under the Tahitian Noni, LIMU, Zennoa, LIMU Blue Frog, Hiro Natural, TeMana, Lucim, Reviive, Puritii, and MaVie brands. It sells its products directly to customers, as well as through distributors, e-commerce sites, and direct-store-delivery systems. The company was formerly known as New Age Beverages Corporation and changed its name to NewAge, Inc. in July 2020. NewAge, Inc. was incorporated in 2010 and is headquartered in Denver, Colorado.

Corporate Governance

NewAge, Inc.’s ISS Governance QualityScore as of June 1, 2022 is 8. The pillar scores are Audit: 10; Board: 8; Shareholder Rights: 2; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.