Richard A. Wright
President, Chief Executive Officer, Chief Operating Officer and Director
Mr. Wright co-founded The Alkaline Water Company Inc. in 2012 as a premium water brand when the word “alkaline” was associated with the Energizer bunny. As the president and CEO, he oversees all aspects of the business and is successfully guiding the company through its hyper-growth phase, delivering greater than 50% growth since the company’s inception. In a short span of six years, The Alkaline Water company has captured approximately a 5% share of the functional water category and is the 10th largest enhanced water brand in the U.S. Recently, the company has announced its foray into the CBD space with a comprehensive line of ingestibles and topical products. The nascent CBD industry is expected to grow to $20 billion by 2024, according to industry analysts.
Mr. Wright is a serial entrepreneur with over 41 years of experience. He is a passionate and versatile leader with a strong track record of innovation, collaboration, and achieving goal-driven results. The earlier part of his career was spent at one of the “Big Four” accounting firms where he was a Regional Director of Tax and Financial Planning. As a former CFO, CPA, and entrepreneur, Mr. Wright has extensive knowledge of finance, operations, sales and marketing and has participated in 100’s of M&A transactions throughout his career. As a veteran beverage executive, he has been quoted in The Wall Street Journal, Bloomberg, Forbes, featured on Cheddar live from the NYSE and TD Ameritrade's Network live from Nasdaq, and continues to be quoted as an industry expert in several industry-focused trade publications on both functional water and CBD.
When not working, Mr. Wright loves to spend time with his wife, 7 kids, and 14 grandkids and is actively involved in local charities.
Chief Financial Officer, Secretary, Treasurer and Director
Mr. Guarino currently holds a bachelor of science in accounting and a masters of accountancy from the University of Denver. From 2008 to 2013, Mr. Guarino was President and a Director of Kahala Corp, a worldwide franchisor of multiple quick service restaurant brands with locations in 49 states and over 25 countries. From 2014 to 2015, Mr. Guarino was President of HTI International Holdings, Inc., a technology company focused on forward osmosis water filtration technology. From 2015 until April, 2017, Mr. Guarino has been a consultant to our company.