Kaival Brands Promotes Stephen Sheriff to Chief Operating GRANT-VALKARIA, Fla., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) (“Kaival Brands,” the “Company,” or “we”), the exclusive U.S. distributor of all vaping products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), which are intended for adults 21 and over, today announced the promotion of Stephen Sheriff to the role of Chief Operating Officer (COO), effective as of August 22, 2023.
Mr. Sheriff succeeds Eric Mosser, who was recently promoted to Chief Executive Officer of the Company and joins Mr. Mosser and recently appointed Chief Financial Officer Thomas Metzler as a part of Kaival Brands’ expanded senior management team.
Eric Mosser, Chief Executive Officer and President of Kaival Brands, stated, “Promoting Stephen to the role of Chief Operating Officer was a natural and logical next step given his contributions to the success of Kaival Brands to date and his experience helping businesses navigate through rapid periods of growth and change. He has a strong entrepreneurial spirit and will be instrumental in helping us take our business to the next level. With a deep understanding of our operations, the capital markets and what it takes to develop and execute a strategy with proven results, he is a great addition to our C-suite leadership team.”
Mr. Sheriff brings over a decade of finance and entrepreneurial leadership to the role of Chief Operating Officer. Most recently, he served as the Director of Administration & Communications at Kaival Brands. In this role, he managed the Company’s investor and public relations and human resource programs in addition to overall responsibility for the development and implementation of key programs and initiatives, including customer and vendor relations. Mr. Sheriff’s expanded mandate will be to design and implement corporate policies and procedures that seek to optimize the day-to-day functioning of Kaival’s operational units as well as the Company’s compliance with applicable laws, rules and regulations. He will continue to lead the Company’s investor relations and communications efforts as part of his expanded role.
Prior to Kaival Brands, Mr. Sheriff co-founded Riverhill Group, LLC, a capital markets advisory and consulting firm that leverages the power of relationships and collective thinking to bring qualitative capital and operations solutions to founders and companies in the most effective and efficient manner. Riverhill assists clients in developing key strategies, business development plans, branding strategies and operations management systems.
Prior to Riverhill Group, in 2012, Mr. Sheriff founded Riverhill Ventures, LLC, where he developed a broad portfolio, including quick and full-service restaurants, natural foods and consumer brands, health and wellness, and health tech investments. In addition to Riverhill Group and Riverhill Ventures, Mr. Sheriff previously an Associate at Solebury Trout (now Solebury Strategic Communications) where he gained valuable experience in capital markets, investor relations and public company finance and compliance matters.
He received his Bachelor of Arts in Counseling Psychology from Delaware Valley University.
https://www.globenewswire.com/news-release/2023/08/28/2732557/0/en/Kaival-Brands-Promotes-Stephen-Sheriff-to-Chief-Operating-Officer.html