Black Rifle Coffee Company Appoints Clayton Hutmacher and Lawrence “Chip” Molloy to its Board of Directors
12 6월 2024 - 5:15AM
Business Wire
Black Rifle Coffee Company (NYSE: BRCC, the “Company”), the
rapidly-growing, mission-driven premium coffee company creating
long-term shareholder value through innovative brand strategy that
elevates the service community, today announced the appointment of
Major General Clayton Hutmacher and Lawrence “Chip” Molloy to its
Board of Directors effective June 7, 2024.
“We are pleased to welcome Clay and Chip as new independent
directors to the Black Rifle Coffee Company Board,” said Chris
Mondzelewski, BRCC Chief Executive Officer. “We are unique as a
company in that our service-forward mission drives our
ever-expanding relationship with customers across existing and new
sales channels, and – with these additions – we’ll have an even
broader and more diverse cache of experience from which to gain.
Drawing from past leadership roles in the public and private
sector, Clay and Chip will provide invaluable perspective that will
support BRCC as we continue to execute our strategy, build
long-term value for our shareholders, and serve those who have
served and are still serving our country.”
Major General Clay Hutmacher is the President and CEO of the
Special Operations Warrior Foundation, a nonprofit organization
dedicated to funding the education – from preschool through college
– of the children of special operations personnel who’ve lost their
lives in the line of duty as well as the children of all Medal of
Honor recipients. Clay served at every level in the U.S. Special
Operations community ultimately becoming the Director of Operations
of the United States Special Operations Command before retiring as
a Major General (2 star). Clay holds a bachelor’s degree in
aerospace management from Embry Riddle Aeronautical University, a
master’s degree in national security and strategic studies from the
United States Naval Command and Staff College, and a master’s
degree in strategic studies from the United States Army War
College.
Lawrence “Chip” Molloy brings extensive financial, consumer, and
retail experience to the Black Rifle Board as the former CFO of
numerous public consumer companies. Most recently, Chip was Chief
Financial Officer of Sprouts Farmers Market Inc. (“Sprouts”) from
September 2021 to December 2023. He served as director and Chair of
the Audit and Compensation Committees of Sprouts’ board from 2012
to 2021 and Interim Chief Financial Officer of Sprouts from June
2019 to February 2020. Prior to Sprouts, Chip served as Interim
Chief Executive Officer at Torrid and as the Chief Financial
Officer for both Under Armour and PetSmart. During his tenure at
PetSmart, he was named Institutional Investor’s CFO of the Year for
Specialty Retail in 2011. Chip also served as a senior advisor for
private equity firm Roark Capital Group and as a board director for
Torrid, Wingstop, Pet Supermarket, and Party City. Chip currently
serves on the boards of Sally Beauty Holdings, Inc. and Pet Valu
Holdings Ltd. and as Chair of the Audit Committee for each. Prior
to his business career, Chip served as a U.S. Navy fighter pilot
for 10 years, later retiring from the Naval Reserve with the rank
of Commander. Chip holds an MBA from the University of Virginia and
a Bachelor of Science in Computer Science from the US Naval
Academy.
About Black Rifle Coffee Company
Black Rifle Coffee Company (BRCC) is a Veteran-founded coffee
company serving premium coffee to people who love America. Founded
in 2014 by Green Beret Evan Hafer, Black Rifle develops their
explosive roast profiles with the same mission focus they learned
while serving in the military. BRCC is committed to supporting
Veterans, active-duty military, first responders and the American
way of life.
To learn more, visit www.blackriflecoffee.com, subscribe to the
BRCC newsletter, or follow along on social media.
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version on businesswire.com: https://www.businesswire.com/news/home/20240611038462/en/
For inquiries regarding Black Rifle Coffee Company, please
contact:
Investors Jason Martini:
Jason.Martini@blackriflecoffee.com ICR for BRCC:
BlackrifleIR@icrinc.com
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