06:47:38 EDT Sat 20 Apr 2024
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Big Rock Brewery Inc
Symbol BR
Shares Issued 6,875,928
Close 2016-11-18 C$ 6.05
Market Cap C$ 41,599,364
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Big Rock Brewery CEO Sartor resigns

2016-11-18 18:38 ET - News Release

Mr. Robert Sartor reports

BIG ROCK BREWERY INC. ANNOUNCES RESIGNATION OF CEO, ROBERT SARTOR

Big Rock Brewery Inc.'s Robert Sartor will be resigning as the chief executive officer of Big Rock, effective Dec. 30, 2016.

The board of directors has appointed Barbara Feit, current chief financial officer, as interim CEO, to take effect upon Mr. Sartor's departure. Ms. Feit's background includes five years as Big Rock's CFO and a number of progressive financial roles with TransAlta, Direct Energy, Artumas, BG Group and Moneta Energy Services.

"Much of the change agenda that I had set for Big Rock has been achieved and I am proud of that," says Mr. Sartor. "We have a leadership team that is up to the task of continuing to grow our company. The beer landscape has changed dramatically in the past five years. It is a far more crowded and competitive marketplace than any of us could have imagined. Our resilience in the face of this has been remarkable. Rest assured that my fridge will forevermore be stocked with Big Rock beer."

Chairman of the board John Hartley commented: "The board supports Barbara Feit completely and has every confidence that she will lead Big Rock through this challenging landscape. We are confident in the course that Bob and Barb have charted. We thank Bob for his leadership and insight through the years."

About Big Rock Brewery

Big Rock Brewery produces premium, all-natural craft beers. Big Rock has a broad family of permanent ales and lagers, the Rock Creek Cider series of craft ciders, and a continuing selection of seasonal and cutting-edge, small-batch brews.

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