Governance at a Glance
Richard A. Wright
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.
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.
Mr. Keay has been a successful investor, entrepreneur and financier to multiple small cap and startup companies for just over the last decade. His experience ranges across multiple sectors in mining, biotech, health and wellness, tech and Cannabis where he has invested and raised over $500M dollars with and for these companies. During his time with these companies he has served as an advisor, board member and in some cases senior management.
Mr. Leitch has been a director of our company since September 8, 2016. During the past five years Mr. Leitch has been actively engaged as a management consultant with respect to business development strategies and overseeing the corporate governance requirements for various private companies. The bulk of his time has been spent as the V.P. Corporate Finance and a Director for Citadel LED Lighting Corp., a private company engaged in the importation of innovative LED lighting products with applications in the retail, hospitality, outdoor lighting and commercial buildings and facilities market sectors.
Mr. Leitch has extensive experience with consumer products companies, and is well versed in all aspects of branding, marketing, cross marketing through strategic relationships, interacting with advertising agencies to create highly focused and effective sales campaigns, along with being very conversant in wholesale distribution networks, logistics, managing multiple channels of product distribution and supply chain management. Mr. Leitch has extensive experience in the capital markets and the securities industry, having worked for several major financial services institutions as well as having been an officer, director and principal of several public and private companies.
Mr. Sudano is Managing Partner of Beverage Marketing Corporation and BMC Strategic Associates. Mr. Sudano has been Managing Partner of Beverage Marketing Corporation since July 2008 and Managing Director of Beverage Marketing Corporation from September 2000 to July 2008. Mr. Sudano's experience covers nearly the entire beverage industry, from energy drinks to wine, with special expertise in beverage alcohol by virtue of varied industry experience and broad range of projects. Mr. Sudano manages several major clients, providing on-going strategic and market advice, while leading projects in strategic planning, market entry analysis and planning, sales/distribution, business modeling, brand repositioning and international opportunity assessment.
From 1997 to 2000, Mr. Sudano was with Constellation Brands, a leading US beverage alcohol company, where he held the position of VP Business Processes responsible for creating a corporate operations and consulting function to service Constellation's wine, spirits and beer businesses. While in this role, Mr. Sudano lead the due diligence and transition efforts for entering the premium wine business and provided corporate oversight for the integration and transition of the Black Velvet distillery and brands. Other activities included oversight of business risk management and covering issues such as promotional effectiveness to performance metrics.
Mr. Sudano received an MBA from Rutgers Graduate School of Management, a magna cum laude and honors graduate from Delaware Valley College receiving a BS and a New Jersey CPA.