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Splash Beverage Group Leadership Transition FAQ
TL;DR
Splash Beverage Group's leadership transition positions the company to accelerate strategic acquisitions and drive long-term shareholder value under new Chairman Bill Caple.
Founder Robert Nistico resigned as CEO and Chairman, with board member Bill Caple appointed Chairman while the board finalizes the new CEO selection process.
This leadership transition establishes Splash Beverage Group for its next development phase, creating stability and growth opportunities for employees and stakeholders.
New Chairman Bill Caple previously guided the $1.8 billion acquisition of TaylorMade Golf, bringing extensive deal-making experience to Splash Beverage Group.
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Founder Robert Nistico resigned as CEO and Chairman, while Board Member Bill Caple was appointed as the new Chairman of the Board. William Meissner, the Company's President, will take on additional responsibilities during the transition.
Mr. Nistico will transition out of the CEO role by November 14, 2025, but will continue to serve as a Board member and collaborate on special beverage sector projects.
Bill Caple brings decades of strategic and financial leadership experience in investment banking, corporate development, and C-suite operations, including guiding the $1.8 billion acquisition of TaylorMade Golf by Centroid Investment Partners.
Under his leadership, Splash completed a successful IPO in 2020, uplisted to the NYSE in 2021, and navigated several years of growth and expansion, establishing a strong foundation for the company.
The Board will focus on accelerating strategic acquisitions beyond just beverage and driving long-term shareholder value as the company enters its next phase of development.
Splash owns and operates a portfolio of alcoholic and non-alcoholic beverage brands, focusing on developing early-stage brands and acquiring established brands while expanding its international distribution network.
The company is based in Fort Lauderdale, Florida, as indicated in the press release header.
Investors can visit www.SplashBeverageGroup.com, follow on Twitter at www.twitter.com/SplashBev, or contact the company at 954-745-5815 or Info@SplashBeverageGroup.com.
This transition represents a strategic shift toward broader acquisitions beyond beverage and positions the company for its next development phase, with the Board focused on driving long-term shareholder value.
No, the board is finalizing its process for bringing on a new CEO, and during this period, President William Meissner will take on additional responsibilities.
Curated from NewMediaWire
