Splash Beverage Group Names Julius Ivancsits As Chief Financial Officer, Effective April 24th, 2024
Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Julius Ivancsits as Chief Financial Officer effective April 24th, 2024.
Julius is a growth strategist with proven success scaling Public & PE-backed companies in both CPG and B2B organizations. "In addition, his prior experience in full deal cycle (diligence to integration) will play a critical role to Splash Beverage Group vision of growth through assisting the Company with its mergers and acquisitions strategy," said Robert Nistico, Chief Executive Officer of Splash Beverage Group.
Mr. Ivancsits joins Splash with extensive finance, accounting, treasury, and IT experience. Prior to joining the Company, Mr. Ivancsits was Chief Financial Officer of Hexo Corporation and assisted the Hexo with its sale to Tilray Brands last summer. In addition, he has served as CFO at Goba Capital, Alpha Measurement Solutions, and Be Green Packaging along with long multiple roles at CPKelco with progressively increasing experience. In addition, Mr. Ivancsits has demonstrated experience in raising capital through private equity and family office investments along with restructuring and expanding existing credit facilities. Mr. Ivancsits has a BS in Business from Eastern Illinois University.
"It is my privilege to join Splash Beverage Group at an exciting time in the company's history. My prior experience in scaling, integrating, and driving profitable growth in Beverage, Packaging, and CPG organizations coupled with Splash's strong leadership make this an ideal organization for me to join," said Mr. Ivancsits.
Julius' responsibilities at Splash will include overseeing all financial aspects of the company including accounting, tax, financial planning and analysis, treasury, M&A activities, and capital markets. He will report to the company's Chief Executive Officer, Robert Nistico.