LOUISVILLE - Turning Point Brands, Inc. (NYSE: NYSE:TPB), a notable player in the manufacturing, marketing, and distribution of alternative smoking products and accessories, has announced the appointment of Andrew Flynn as the new Chief Financial Officer. Set to take on the role by April 1, 2024, Flynn will be succeeding Louie Reformina, who is departing to explore new opportunities.
Flynn brings a wealth of experience to Turning Point Brands, having previously held the CFO position at Connected Cannabis Co., where he played a pivotal role in driving profitable growth and expanding the company's reach. His tenure at Juul Labs as Senior Vice President and his financial leadership roles at James Hardie (NYSE:JHX) Building Products and Arrow Electronics (NYSE:ARW) further solidify his credentials. Flynn's educational background includes a BS from Indiana University and an MBA from the University of Colorado Denver.
The leadership at Turning Point Brands expressed confidence in Flynn's capabilities. President and CEO Graham Purdy highlighted Flynn's extensive experience in finance and strategic planning, which he believes will be instrumental in enhancing the value of the company's brands and driving financial growth. Executive Chairman David Glazek also commended Flynn's track record and expressed optimism about his immediate positive impact on the company.
In the same announcement, Purdy acknowledged the contributions of outgoing CFO Louie Reformina, praising his role in improving the company's capital structure and navigating significant initiatives, including the Clipper Distribution Agreement and IT advancements during the pandemic.
Turning Point Brands is recognized for its Zig-Zag® and Stoker's® brands and boasts a distribution network that spans over 210,000 retail outlets in North America, in addition to its e-commerce presence.
This leadership transition is based on a press release statement and aims to provide a factual report on the recent developments at Turning Point Brands. The information herein does not speculate on future company performance or industry trends.
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