Black Buffalo Welcomes Loren Eggleton as CFO to Drive Growth
Black Buffalo Appoints Loren Eggleton as Chief Financial Officer
Black Buffalo Inc., a leading innovator in smokeless tobacco alternatives for adults, has proudly announced Loren Eggleton as its Chief Financial Officer. With over 20 years of experience shaping the financial landscapes of growing companies, Eggleton is set to play a crucial role in Black Buffalo's ambitious expansion plans.
Impacts of the New CFO
In his new role, Eggleton will steer the financial strategy of Black Buffalo, overseeing operations and capital structure as the company looks to broaden its retail presence. His appointment comes at a pivotal moment for the company as it aims to strengthen its omnichannel efforts and invest significantly in research and development, compliance, and supply chain improvements.
Expertise Driving Growth
Matthew Hanson, the Chief Growth Officer, expressed confidence in Eggleton's abilities, stating, "Loren brings exceptional financial experience and professionalism to the table, alongside a seamless cultural fit. His talent aligns perfectly with our vision, making him an invaluable asset as we continue to grow rapidly." Eggleton’s reputation for producing immediate positive impacts within organizations reinforces this belief.
Previous Experience and Achievements
Before joining Black Buffalo, Eggleton served as the first CFO for AppHarvest. In this role, he was instrumental in transforming a small startup of 13 employees into a public entity on the Nasdaq exchange. He successfully facilitated a merger valued at $1 billion, raised similar amounts in funding, and constructed a robust finance department capable of supporting 1,000 employees. His in-depth experience encompasses areas such as accounting, financial planning and analysis, treasury, and investor relations, along with IT.
Eggleton's Vision for the Future
Eggleton expressed enthusiasm for his new role, stating, "It’s an exciting time to join Black Buffalo. The company's progress is impressive, and I look forward to contributing to its future development as CFO." His leadership promises to bring financial stability and growth during an exhilarating time for the company.
About Black Buffalo
Founded in 2015, Black Buffalo has established itself as a competitive force in the market of smokeless tobacco alternatives. The company has dedicated over 25,000 hours to research and development, creating leading products that customers trust. Recognition of their success is reflected in their status as a three-time recipient of the Inc. 5000 Fastest-Growing Private Companies in America, with the latest accolade awarded in 2024. Additionally, the company has garnered significant Best New Product awards within the convenience sector.
Shopping for Black Buffalo Products
Black Buffalo's smokeless tobacco alternatives are available both in stores and online. To browse the product range and discover local retailers, interested customers can visit the company's website directly. Retailers interested in stocking Black Buffalo products are encouraged to reach out to the company for more details.
It's important to note that certain Black Buffalo products contain pharmaceutical-grade, tobacco-derived nicotine, which is an addictive chemical. All products are intended for adult consumers, primarily those aged 21 and older, who are current nicotine or tobacco users.
Frequently Asked Questions
Who is Loren Eggleton?
Loren Eggleton is the newly appointed Chief Financial Officer of Black Buffalo, bringing two decades of financial leadership experience.
What role will Eggleton play at Black Buffalo?
Eggleton will oversee the financial strategy, operations, and capital structure of the company as it expands.
What prior experience does Eggleton have?
Before Black Buffalo, Eggleton was the CFO at AppHarvest, where he played a crucial role in its transition from a startup to a public company.
When was Black Buffalo established?
Black Buffalo was founded in 2015 and has since become a leading brand in smokeless tobacco alternatives.
What are Black Buffalo's product offerings?
The company specializes in smokeless tobacco alternatives that are designed for adult consumers looking for a safer option.
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