Brief: Eastside Distilling Says Interim CEO Steve Shum Resigned

Beeline Holdings

10/10/2019 22:30

Oct 10 (Reuters) - Eastside Distilling Inc  EAST.O :
    * EASTSIDE DISTILLING ANNOUNCES MANAGEMENT TRANSITION
    * EASTSIDE MAINTAINS PREVIOUSLY ISSUED SALES OBJECTIVES FOR
SECOND
HALF FISCAL 2019
    * SAYS INTERIM CEO STEVE SHUM RESIGNED
    * STEVE SHUM TO ACCEPT CEO POSITION WITH ANOTHER CO
    * RUNNING A PROCESS TO FILL NECESSARY MANAGEMENT POSITIONS
AT
EASTSIDE WITH A FOCUS ON CEO ROLE INITIALLY
    * CONSIDERING BOTH INTERNAL AND EXTERNAL CANDIDATES
    * REITERATING ITS OUTLOOK FOR REMAINDER OF YEAR PREVIOUSLY
ISSUED
ON AUGUST 14
    * REMAINS ON TRACK TO DELIVER STRONG RESULTS FROM ITS AZUÑIA
OPERATIONS
    * EASTSIDE DISTILLING -  STEVE SHUM SUBMITTED RESIGNATION AS
CFO,
EFFECTIVE UPON FILING OF QUARTERLY REPORT ON FORM 10-Q

Source text for Eikon:  ID:nPn5gClHJa 
Further company coverage:  EAST.O 

 (Reuters.Briefs@thomsonreuters.com)