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Hari Avula Appointed to Board of Guayakí Yerba Mate

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Guayakí Yerba Mate, the category leader in yerba mate, has appointed Hari Avula to its Board of Directors. Avula will lead the company's Audit Committee, bringing extensive experience from leadership roles in global consumer, retail, and healthcare services businesses. His background includes serving as chief financial and strategic officer of Clif Bar & Company, senior roles at Walgreens Boots Alliance Inc., and a 22-year tenure at PepsiCo, Inc. (NASDAQ: PEP), where he was CFO of Frito Lay North America.

Avula currently serves on the Board of Directors of Sprouts Farmers Market (NASDAQ: SFM) and Believer Meats. Robyn Rutledge, Board Executive Chair of Guayakí Yerba Mate, expressed confidence that Avula's financial expertise will complement the Board's existing capabilities in leading the newly-formed Audit Committee.

Guayakí Yerba Mate, leader di categoria nel settore della yerba mate, ha nominato Hari Avula nel suo Consiglio di Amministrazione. Avula guiderà il Comitato di Audit dell'azienda, portando un'esperienza significativa da ruoli dirigenziali in aziende globali di consumo, retail e servizi sanitari. Il suo background include ruoli come direttore finanziario e strategico di Clif Bar & Company, posizioni di alto livello in Walgreens Boots Alliance Inc., e un mandato di 22 anni in PepsiCo, Inc. (NASDAQ: PEP), dove è stato CFO di Frito Lay North America.

Attualmente, Avula è anche membro del Consiglio di Amministrazione di Sprouts Farmers Market (NASDAQ: SFM) e Believer Meats. Robyn Rutledge, Presidente Esecutivo del Consiglio di Guayakí Yerba Mate, ha espresso fiducia nel fatto che l'esperienza finanziaria di Avula completerà le capacità esistenti del Consiglio nella guida del nuovo Comitato di Audit.

Guayakí Yerba Mate, líder en la categoría de yerba mate, ha designado a Hari Avula en su Junta Directiva. Avula liderará el Comité de Auditoría de la empresa, aportando una amplia experiencia de roles en liderazgo en empresas globales de consumo, retail y servicios de salud. Su experiencia incluye haber sido director financiero y estratégico de Clif Bar & Company, cargos de alto nivel en Walgreens Boots Alliance Inc., y una trayectoria de 22 años en PepsiCo, Inc. (NASDAQ: PEP), donde fue CFO de Frito Lay North America.

Actualmente, Avula también forma parte de la Junta Directiva de Sprouts Farmers Market (NASDAQ: SFM) y Believer Meats. Robyn Rutledge, Presidenta Ejecutiva de la Junta de Guayakí Yerba Mate, expresó confianza en que la experiencia financiera de Avula complementará las capacidades existentes de la Junta en la dirección del recién formado Comité de Auditoría.

Guayakí Yerba Mate는 yerba mate 카테고리의 선두주자로서 Hari Avula를 이사회의 이사로 임명했습니다. Avula는 회사의 감사 위원회를 이끌며, 글로벌 소비자, 소매 및 의료 서비스 비즈니스에서의 풍부한 경험을 제공합니다. 그의 배경에는 Clif Bar & Company의 최고 재무 및 전략 책임자, Walgreens Boots Alliance Inc.의 고위직 및 PepsiCo, Inc. (NASDAQ: PEP)에서의 22년 경력이 포함되며, 그곳에서 그는 Frito Lay North America의 CFO로 일했습니다.

현재 Avula는 Sprouts Farmers Market (NASDAQ: SFM) 및 Believer Meats의 이사로 활동하고 있습니다. Guayakí Yerba Mate의 이사회 의장 Robyn Rutledge는 Avula의 재무 전문성이 새롭게 구성된 감사 위원회를 이끄는 이사회의 기존 역량을 보완할 것이라고 확신한다고 전했습니다.

Guayakí Yerba Mate, leader dans la catégorie de la yerba mate, a nommé Hari Avula au sein de son Conseil d'Administration. Avula dirigera le Comité d'Audit de l'entreprise, apportant une vaste expérience issue de postes de direction dans des entreprises de consommation, de commerce de détail et de services de santé à l'échelle mondiale. Son parcours comprend des fonctions telles que directeur financier et stratégique de Clif Bar & Company, des postes de haut niveau chez Walgreens Boots Alliance Inc., et un mandat de 22 ans chez PepsiCo, Inc. (NASDAQ: PEP), où il a été CFO de Frito Lay North America.

Actuellement, Avula siège également au Conseil d'Administration de Sprouts Farmers Market (NASDAQ: SFM) et de Believer Meats. Robyn Rutledge, présidente exécutive du Conseil de Guayakí Yerba Mate, a exprimé sa confiance que l'expertise financière d'Avula viendra compléter les compétences existantes du Conseil dans la direction du nouveau Comité d'Audit.

Guayakí Yerba Mate, der Marktführer im Bereich Yerba Mate, hat Hari Avula in seinen Vorstand berufen. Avula wird den Prüfungsausschuss des Unternehmens leiten und bringt umfassende Erfahrungen aus Führungsrollen in globalen Verbrauchermärkten, Einzelhandel und Gesundheitsdienstleistungen mit. Zu seinem Werdegang gehört die Tätigkeit als Finanz- und Strategiechef von Clif Bar & Company, Führungspositionen bei Walgreens Boots Alliance Inc. und eine 22-jährige Karriere bei PepsiCo, Inc. (NASDAQ: PEP), wo er CFO von Frito Lay North America war.

Derzeit ist Avula auch Mitglied des Vorstands von Sprouts Farmers Market (NASDAQ: SFM) und Believer Meats. Robyn Rutledge, Vorstandsvorsitzende von Guayakí Yerba Mate, äußerte ihr Vertrauen, dass Avulas finanzielle Expertise die bestehenden Fähigkeiten des Vorstands zur Leitung des neu gegründeten Prüfungsausschusses ergänzen wird.

Positive
  • Appointment of experienced industry veteran Hari Avula to the Board of Directors
  • Avula to lead the newly-formed Audit Committee, enhancing financial oversight
  • Avula brings extensive experience from leadership roles in major consumer goods companies
Negative
  • None.

Assumes Role of Audit Committee Chair

VENICE, Calif. & SEBASTOPOL, Calif.--(BUSINESS WIRE)-- Guayakí Yerba Mate, the category leader in yerba mate, is pleased to announce the appointment of industry veteran Hari Avula to its Board of Directors.

Avula joins the Board to lead its Audit Committee and brings extensive experience from having served in influential, leadership roles within global consumer, retail and healthcare services businesses. He was chief financial and strategic officer of Clif Bar & Company until it was acquired by Mondelēz International, Inc. Previously, he served in senior finance and transformation roles at Walgreens Boots Alliance Inc., and before this spent over 22 years with PepsiCo, Inc. (NASDAQ: PEP) in various financial and strategic roles, including chief financial officer of Frito Lay North America. He currently serves on the Board of Directors of Sprouts Farmers Market (NASDAQ: SFM) and Believer Meats.

“Hari brings directly relevant skills and experience from financial and strategic leadership roles at high-performing consumer businesses,” said Robyn Rutledge, Board Executive Chair of Guayakí Yerba Mate. She continued, “I believe Hari’s financial expertise will greatly complement the Board’s existing capabilities in leading our newly-formed Audit Committee.”

About Guayakí Yerba Mate

Based in Sebastopol and Venice, California, Guayakí [Gwy-uh-kee] is the leader in yerba mate [yer-bah ma-tay] beverages. As a certified B Corp and registered Social Purpose Corporation, Guayakí's regenerative business model aspires to create a net positive impact in the world throughout its operations and supply web, starting at the source. That's why Guayakí sources shade-grown, certified regenerative, organic, and fair trade mate that helps conserve and restore the Atlantic Forest in South America. Guayakí works closely with smallholder and Indigenous producers to implement its high environmental and social impact standards and invest in community-driven projects. Guayakí products are available at more than 45,000 stores across the US and Canada. More information about retail locations and products can be found online at www.Guayaki.com.

media@guayaki.com

Source: Guayakí Yerba Mate

FAQ

Who is Hari Avula and what is his new role at Guayakí Yerba Mate?

Hari Avula is an industry veteran who has been appointed to the Board of Directors of Guayakí Yerba Mate. He will lead the company's Audit Committee, bringing extensive experience from leadership roles in global consumer, retail, and healthcare services businesses.

What is Hari Avula's experience with PepsiCo (NASDAQ: PEP)?

Hari Avula spent over 22 years with PepsiCo, Inc. (NASDAQ: PEP) in various financial and strategic roles, including serving as the chief financial officer of Frito Lay North America.

What other board positions does Hari Avula currently hold?

Hari Avula currently serves on the Board of Directors of Sprouts Farmers Market (NASDAQ: SFM) and Believer Meats.

What is Guayakí Yerba Mate's position in the yerba mate market?

Guayakí Yerba Mate is described as the category leader in yerba mate, indicating a strong market position in the yerba mate industry.

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