Zevia appoints new CEO to lead next chapter of growth

17-Jun-2022 - Last updated on 17-Jun-2022 at 16:24 GMT

Photo Credit: Zevia

Related tags soda zero sugar Stevia Zevia

Zero-sugar stevia-sweetened soda brand Zevia has appointed its current president of the company, Amy Taylor, as its new CEO succeeding Paddy Spence who will remain as chair of the company's board of directors, effective August 1, 2022.

Taylor joined the company as president in June 2021 and has been a member of Zevia's board since March 2021. Prior to Zevia, she served in executive leadership roles at Red Bull North America, including as president and chief marketing officer from 2018 to 2020.

“I am excited and honored to serve as the next leader of Zevia during such a transformative time for our company with exciting opportunities ahead, including further channel and geographic expansion, a brand refresh, and continued strengthening of organizational capabilities,” said Taylor.

Spence, who has served as CEO of Zevia since acquiring the company in 2010, said, “It has been a privilege to serve as Zevia’s CEO for the past 12 years, and I am extremely proud of what we’ve accomplished. Amy and I have worked side-by-side during Zevia’s transformation, and she has been instrumental in developing and implementing our strategies for driving future growth and profitability."

During Spence's tenure as CEO, Zevia achieved a 31% net sales compound annual growth rate from 2010 through 2021, and expanded its product portfolio from seven to over 35 flavors across soda, energy drinks, organic tea, mixers and kids drinks. Spence also helped expand distribution from natural channel retailers into conventional food, drug and mass merchandiser outlets in more than 31,000 retail outlets across the US and Canada, as well as build its e-commerce business.

“On behalf of the Board, I want to thank Paddy for his leadership and dedication to the company’s vision and mission. Under his stewardship, Zevia successfully became a public company and transformed into a disruptive beverage company that has delivered significant growth,” commented Philip O'Brien, lead independent director of the board.