Austin, TX /Honolulu, HI — Higher Bitter Co. has added CPG veterans Eric Mangan and Katherine Rice to its advisory board.
Mangan is vice-president of foodservice gross sales at Spindrift Beverage Co., a beverage model majority acquired by Gryphon Traders earlier this yr. He’s additionally board chair for Naturally Austin and a member of The Angel Group. With 25 years of expertise within the CPG area, he brings a deep background in startup development, strategic partnerships, and brand-building.
Rice is a associate at GingerBread Capital, an early investor in Higher Bitter, the place she leads investments in and champions women-led companies. She beforehand served as a senior government at Williams-Sonoma, an working associate at Altamont Capital, a supervisor at Bain & Co., and commenced her profession in funding banking on Wall Road. She is the founding father of RCP, a strategic advisory agency serving to client companies scale.
“Eric and Katherine convey a wealth of CPG expertise and are true champions for startup founders,” says Semira Nikou, co-founder and CEO of Higher Bitter. “Bella and I’ve had the chance to get to know them over their years and their deep perception in what we’re constructing, coupled with their high-level experience on key areas of the patron area, can be invaluable for this subsequent section of development, making them strategic additions to our invaluable advisory board with whom we work carefully.”
The corporate’s current advisory board members are Douglas MacFarlane and Ed Schultz. MacFarlane is the present board chair of Larry & Lenny’s and Schultz is the president & CEO of Hawaiian Host Group.
Final month, Higher Bitter closed an undisclosed seven-figure capital spherical with Style Tomorrow Ventures to help its continued retail enlargement.
