Hop Supplier Announces New CFO During Critical Time in Hop and Brewing History
PR84162
YAKIMA, Washington, May 27, 2020 /PRNewswire=KYODO JBN/ --
Yakima Chief Hops (
), a 100% grower-owned hop supplier, welcomed new Chief Financial Officer
Howard Allred shortly after the COVID-19 outbreak began. Effective March 23,
Allred's onboarding came at a crucial time, as breweries shut their doors and
hop growers cut back acreage.
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"To be asked to navigate a company during a global pandemic is a great
challenge," said Ryan Hopkins, CEO at YCH. "But onboarding someone with
Howard's level of financial expertise could not have come at a better time."
Joining a hop supplier at the forefront of innovation, Allred brings a wealth
of experience with large, leading-edge brands including adidas Golf/Taylor
Made, Sports Incorporated and Nike, Inc. He holds expertise in global financial
operations, focusing on maintaining healthy relationships with stakeholders.
Allred's role began during a complex time in the industry. Breweries are
seeking support through contract flexibility. Hop growers are reviewing acreage
to balance supply and demand. Allred and the leadership team have had to make
impactful decisions in order to promote financial well-being.
"Howard's steady leadership and vast financial experience is already paying
dividends as we continue to focus on creating value for customers during these
challenging times," said YCH's Chief Supply Chain Officer Steve Carpenter. "He
is a welcome addition to our team and a good fit for our culture."
Joining shortly after former Chief Sales Officer Ryan Hopkins was announced CEO
(
), Allred brings balance to the team. While Hopkins is a relative newcomer to
the C-suite, Allred is a seasoned veteran of executive level financial
management experience. Much like the company culture that embraces tradition
while pioneering new ideas, they appreciate their diverse perspectives in the
pursuit of maintaining a sustainable organization.
Yakima Chief Hops
YCH is a 100% grower-owned global hop supplier with a mission to connect
brewers with family hop farms. Operating for more than 30 years, we have become
more than a hop supplier. We are leaders of innovation, quality and customer
service. We are a resource for brewers, providing solutions-based products and
industry leading research. We are advocates of sustainability and meaningful
social causes, working to support the environment and communities around us.
Great beer starts in the field, and we strive to build relationships between
growers and brewers that help farms grow better hops and brewers brew better
beer. https://www.yakimachief.com/
SOURCE: Yakima Chief Hops
CONTACT: Cait Schut, PR and Communications Manager, Cait.Schut@yakimachief.com
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