NuZee names Randell Weaver as the new Chief Financial Officer
August 17 - 2023
Coffee Geography Magazine
NuZee, Inc., a coffee co-packing and technology company, appointed Randell Weaver as its chief financial officer. Weaver joins NuZee with more than 30 years of well-rounded manufacturing, distribution, and CPG experience with three prior terms as a public company CFO and demonstrated success rate in cash management, fund raising, building and mentoring staffs, structuring financing options, optimizing performance, growth, strategic planning and managing relationships.
Prior to joining NuZee, he served as chief financial officer of Reinvention Unlimited, Inc, which provides financial and operational management, mentoring and executive oversight services for international manufacturing and distribution clients with a focus on regulated industries in food, pharmaceuticals and contracting. Before that, he held several key positions, including CFO of a publicly held CPG manufacturing and distribution company with international operations and units in baked organic baby foods, nutritional supplements, and highly regulated cannabis products. While there, he transitioned that issuer's listing from TSX to NASDAQ and helped raise in excess of $15 million in debt and equity. He also facilitated the conversion from the IFRS accounting standard to US GAAP compliant financial statements. Weaver also previously held interim CFO positions at a private equity-acquired food packaging company and a frozen food company.
He holds a Bachelor of Science degree in business administration from Cal State University, Northridge, and a Master of Arts in spiritual psychology from University of Santa Monica.
Masa Higashida, NuZee's CEO, commented, "Randy's extensive experience both as a financial officer in a public company, and within the CPG, and in particular, food packaging space equip him with a solid understanding of our business model. We look forward to collaborating with him in helping drive NuZee forward as we continue to grow rapidly within the market."
Weaver said, "I am thrilled to join the NuZee team and am genuinely excited about the innovations the company is spearheading in the single-serve coffee market. Working with such a dedicated group of professionals, I am committed to extending our impact in the market and enhancing shareholder value."