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Better Choice Company Appoints Walmart And PepsiCo Veteran Andre
as Schulmeyer As Chief Financial Off
By: stranger Date: July 9, 2019, 6:17 am
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Better Choice Company Appoints Walmart And PepsiCo Veteran
Andreas Schulmeyer As Chief Financial Oficer.
NEW YORK, July 09, 2019 (GLOBE NEWSWIRE) -- Better Choice
Company Inc. (OTCQB: BTTR) (the "Company" or "Better Choice"),
an animal health and wellness CBD company, today announced the
appointment of Andreas Schulmeyer as its Chief Financial
Officer, effective immediately. Mr. Schulmeyer has nearly two
decades of financial and e-commerce experience and previously
served in CFO roles at both WalMart and PepsiCo. "Andreas' deep,
impressive financial background makes him the perfect choice for
the CFO role at Better Choice," said Damian Dalla-Longa, Co-CEO
of Better Choice. "My team and I have been in search of a CFO
with a proven track record and vast leadership experience, which
is everything that Andreas brings to the table. We look forward
to working closely with him to further cement Better Choice's
position as a leading global health and wellness business for
animals." Mr. Schulmeyer previously served as CFO - Global
e-Commerce and CFO - Asia, at Walmart. During his tenure there,
he led the financial planning, reporting and controls for the
over $10 billion e-commerce business, with the business growing
over 30% during his tenure as CFO, and closed and/or integrated
12 acquisitions over three years. Mr. Schulmeyer also led the
finance and strategy across the Asian markets, including Japan,
China and India, with over 650 stores. Additionally, as former
CFO, China Beverages, at PepsiCo, Mr. Schulmeyer managed
financial controls and planning, business development, M&A and
IT functions with more than 800 employees across 20 legal
entities. During his tenure, China became the largest
international beverage market for PepsiCo and accounted for
about 20 percent of global volume growth. Mr. Schulmeyer joins
Better Choice from his private consulting business, Faultline
Solutions LLC, where he advised and consulted on the challenges
involved in grocery and cross-border e-commerce.
Joining Better Choice Company is an incredible opportunity and
the right next step for me in my career. In this position I will
have the unique opportunity to help build a business that is
changing the pet food industry by developing innovative products
that create longer, better lives for pets," said Andreas
Schulmeyer, appointed CFO of Better Choice. "I look forward to
getting started immediately and hitting the ground running with
the team." Mr. Schulmeyer holds two Master of Science degrees in
management and aero / astronautical engineering from the
Massachusetts Institute of Technology (MIT) and Bachelor of
Science degree in aero / astronautical engineering from the
University of Illinois. About Better Choice Company, Inc. At the
foundation of Better Choice Company Inc., is the belief that
good health practices and nutrition contribute to, and promote,
a higher quality of life. Better Choice, an animal health and
wellness CBD company, has acquired TruPet LLC, an online seller
of ultra-premium, all-natural pet food, treats and supplements,
with a special focus on freeze dried and dehydrated raw
products, and Bona Vida, Inc., an innovative emerging CBD
platform, focused on developing a portfolio of brand and product
verticals within the animal and human health and wellness space.
For more information, please visit
HTML https://www.betterchoicecompany.com
. Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. The words "believe," "may," "estimate," "continue,"
"anticipate," "intend," "should," "plan," "could," "target,"
"potential," "is likely," "will," "expect" and similar
expressions, as they relate to us, are intended to identify
forward-looking statements. The Company has based these
forward-looking statements largely on our current expectations
and projections about future events and financial trends that we
believe may affect our financial condition, results of
operations, business strategy and financial needs. Some or all
of the results anticipated by these forward-looking statements
may not be achieved. Further information on the Company's risk
factors is contained in our filings with the SEC. Any
forward-looking statement made by us herein speaks only as of
the date on which it is made. Factors or events that could cause
our actual results to differ may emerge from time to time, and
it is not possible for us to predict all of them. The Company
undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as may be required by law.
Company Contacts: Better Choice Company Inc. Damian Dalla-Longa,
Co-CEO Better Choice Company Inc. Lori R. Taylor, Co-CEO.
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