Randell Weaver has been appointed president and chief operating officer of Richardson-based NuZee Inc., a coffee co-packing and technology company, effective immediately.
Weaver will be responsible for all U.S. operations. He joined the company in August as chief financial officer and will also continue to serve in that role, NuZee said.
“I am pleased with the progress made since Randell joined in August and am confident the internal initiatives he is leading will translate into improved operating metrics in the quarters ahead,” Chairman and CEO Masa Higashida said in a statement. “Randell’s expanded role in day-to-day U.S. operations will also allow me to focus more attention on growing international markets, where we believe significant opportunities remain, along with an increased focus on the company’s investor base.”
“I look forward to working in this new role to improve our service to existing customers, including building on the initial positive feedback from our Stone licensing relationship,” Weaver said in a statement. “We see meaningful opportunity in calendar 2024 to grow our business while achieving significant cost reductions and efficiencies. Much work remains to achieve our operating goals and I am excited to work with Masa and the Board to meet these objectives.”
Weaver has more than 30 years of manufacturing, distribution, and CPG experience with three prior terms as a public company president, COO or CFO. He’s demonstrated success in cash management, fundraising, building and mentoring staff, structuring financing options, optimizing performance, growth, strategic planning and relationship management, the company said.
Before joining NuZee, Weaver was CFO of Reinvention Unlimited Inc., providing financial and operational management, mentoring and executive oversight services for international manufacturing and distribution clients with a focus on regulated industries in food, pharmaceuticals and contracting.
Prior to that, he held several key positions, including CFO of a publicly held CPG manufacturing and distribution company with international operations and units in baked organic baby foods, nutritional supplements, and highly regulated cannabis products.
Weaver previously held interim management positions at a private equity-acquired food packaging company and a frozen food company.
NuZee, Inc., offers single-serve coffee formats and partners with companies to help them expand within the single-serve and private label coffee category.
Providing end-to-end innovative and sustainable solutions with the flexibility and capacity for both small roasters and large global brands, NuZee said it is revolutionizing the way single-serve coffee is enjoyed in the U.S.
NuZee said it fulfills every aspect of co-packing needs, from sourcing, roasting, and blending, to packing and packaging.
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