The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, has announced a change in leadership. According to the company, Frank Lazaran has stepped down as CEO and president and Frank Chessman, who has been serving as director of sales and operations, will take over as WTER’s new CEO and president. Lazaran, who will remain on the company’s board of directors, is making the change because of medical concerns; the changes were effective as of Feb. 20, 2023. “We wish Frank Lazaran a speedy recovery, and we want to thank him for his dedication and contributions to putting Alkaline88 on its Pathway to Profitability,” said The Alkaline Water Company’s chair Aaron Keay in the press release. “Frank has orchestrated an incredible pivot in the company’s direction and initiated many significant changes that will continue to have a positive impact on the bottom line. We look forward to his continued influence on the board of directors while he focuses on addressing his medical issues. There is always a spot for Frank with Alkaline88. The appointment of Frank Chessman as our new CEO and president allows us to maintain important leadership continuity for the company. Frank has been with the company since its inception and, in addition to working very closely with Mr. Lazaran and CFO David Guarino, he has been involved in hiring and working with employees across all facets of the business. Mr. Chessman’s extensive experience in sales, marketing and operations, coupled with his longstanding commitment and passion for Alkaline88, make him an excellent choice to guide the company through this transition as we continue to drive the brand forward.”
To view the full press release, visit https://ibn.fm/pHGy8
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with ecofriendly aluminum packaging options. With its innovative, state-of-the-art, proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH alkaline drinking water with trace minerals and electrolytes and boasts the company’s trademarked Clean Beverage label. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for Alkaline88. To learn more about the company, please visit www.Alkaline88.com and www.TheAlkalineWaterCo.com.
NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://ibn.fm/WTER
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