Eastside Distilling, Inc. announced that effective July 1, 2020, Robert Grammen, who joined the board in June 2020, will become company's lead independent board member, and chair of the Nominating and Corporate Governance Committee. Mr. Paul Block will remain chair of the Board and a non-independent member of the Board. On June 25, 2020, as part of his transition and under the Separation Agreement, Mr. Lawrence Firestone agreed to resign from the Board, effective July 30, 2020, the date of annual meeting of shareholders. Mr. Firestone did not serve on any Board committees at the time of his resignation. On June 26, 2020, Robert Manfredonia resigned as President of Eastside, effective July 17, 2020.
Eastside Distilling, Inc. is engaged in producing craft spirits in Portland, Oregon. The Company operates through two segments: Craft Canning + Printing and Spirits. Its Craft Canning + Printing segment provides digital can printing services to customers in the craft beverage industry operating throughout the Pacific Northwest as well as other states. It also provides mobile canning services to the craft beverage industry in Oregon. In addition to these services, the Company offers co-packing services from a single fixed site in Portland, Oregon. It offers co-packing services for non-alcoholic canned beverages, including CBD soda waters in Portland, Oregon. Its Spirits segment manufactures, blends, bottles, markets and sells a variety of alcoholic beverages under brands in 23 states in the United States. Its portfolio includes originals like the Quercus garryana barrel-finished Burnside Whiskey family, Portland Potato Vodka, Hue-Hue Coffee Rum, Azunia Tequilas and Eastside Brands.