OZOP Energy Solutions, Inc. Announces Addition of Seasoned Beverage Industry Executive Ty Gilmore to Varon Commercial Leadership
Rhea-AI Summary
OZOP Energy Solutions (OTC: OZSC) announced the addition of Ty Gilmore as Chief Revenue Officer of Varon USA, bringing 20+ years of beverage industry experience from Tilray, Diageo, and Glazer’s.
The company said Mr. Gilmore will lead commercial execution, distributor management, national account placement, and sales operating cadence as OZOP advances a binding letter of intent for a proposed transaction with Varon dated January 27, 2026.
Positive
- Added industry veteran Ty Gilmore as Chief Revenue Officer
- Binding letter of intent in place for proposed transaction with Varon (Jan 27, 2026)
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
OZSC gained 22% with modestly elevated volume, while peers were mixed: TOGI rose 22.34%, EXROF fell 77.27%, and HPSIF, ENEVF, EGTYF were flat. No peers appeared in the momentum scanner and there were no same-day peer headlines, pointing to a stock-specific reaction rather than a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 04 | Varon equity funding | Positive | -68.1% | Subsidiary Varon secured a <b>$1.0M</b> equity investment at a <b>$20M</b> valuation. |
| Jan 26 | Leadership highlight | Neutral | -68.1% | Company highlighted Varon CEO Benjamin Varon Schubert’s background and brand platform focus. |
| Jan 21 | Varon acquisition plan | Positive | -68.1% | OZSC announced an agreement to acquire Varon Corp, a revenue-generating beverage platform. |
Recent Varon-related announcements have coincided with sharp negative reactions of about -68%, indicating a pattern where seemingly positive strategic news has been sold aggressively.
Over the past few months, OZOP has focused news flow on its relationship with Varon. On Jan 21, 2026, it announced an agreement to acquire Varon Corp, a revenue-generating functional beverage platform, which saw the stock drop about 68%. A Jan 26, 2026 leadership highlight and a Feb 4, 2026 $1.0M equity investment into Varon similarly preceded steep declines. Today’s addition of a senior beverage executive at Varon continues this build-out narrative but contrasts with the prior negative price reactions.
Market Pulse Summary
This announcement underscores OZOP’s continued emphasis on scaling Varon by recruiting an industry veteran as Chief Revenue Officer, following earlier news on the planned Varon acquisition and a $1.0M investment at a $20M valuation. At the same time, the most recent Q3 2025 filing showed significant net losses, large liabilities, and a sizeable stockholders’ deficit, plus heavy share issuance. Investors may watch how Varon’s execution, financing structure, and integration progress against these balance-sheet constraints.
Key Terms
8-k regulatory
binding letter of intent regulatory
regulation fd regulatory
going concern financial
equity investment financial
working capital deficit financial
debt conversions financial
AI-generated analysis. Not financial advice.
WARWICK, NY, March 02, 2026 (GLOBE NEWSWIRE) -- OZOP Energy Solutions, Inc. (OTC: OZSC, “Company”) today highlighted the addition of Ty Gilmore to the commercial leadership team of Varon. Mr. Gilmore will serve as Chief Revenue Officer of Varon. He is a seasoned beverage industry executive with more than two decades of experience across national accounts, distribution, and operational leadership at large-scale, multi-billion-dollar consumer packaged goods companies.

Most recently, Mr. Gilmore served as President of Tilray Beverages North America, the beverage division of Tilray Brands, Inc., a publicly traded, diversified consumer products company with 1,600 employees and operations spanning beverages, wellness, and lifestyle brands across multiple international markets. During his tenure at Tilray, Mr. Gilmore held senior leadership responsibilities within the Company’s U.S. beverage platform, overseeing commercial execution across multiple beverage categories and complex, national distribution networks.
Prior to Tilray, Mr. Gilmore spent seven years leading national accounts at Diageo, one of the world’s largest global spirits companies with 29,000 employees, and previously served as an Executive Senior Vice President at Glazer’s Beer and Beverage, one of the largest beer, wine, and spirits distributors in the United States with 2,100 employees. In these roles, he managed sales, marketing, and operational execution across multi-state distributor systems and high-volume retail and convenience channels.
At Varon USA, Mr. Gilmore will serve as Chief Revenue Officer, focusing on strengthening commercial execution and distributor management, advancing key account and chain placement initiatives, enhancing sales operating cadence and reporting, and supporting organizational build-out and operational oversight across the Company’s U.S. beverage portfolio.
“Ty’s background is exactly what we value—execution in the real world at scale,” said Benjamin Varon Schubert, Founder and Chief Executive Officer of Varon Corp. “He understands distributors, national accounts, and how to translate brand demand into placements and repeatable velocity. This addition strengthens our ability to operate with discipline as we expand.”
“OZOP continues to support the build-out of experienced operating teams across its portfolio,” said Brian Conway, Chief Executive Officer of OZOP Energy Solutions, Inc. “Adding leaders who have operated inside large, complex consumer organizations reinforces our focus on responsible growth and execution at scale.”
OZOP has previously entered into a binding letter of intent for a proposed transaction with Varon (please see 8K filed on sec.gov on January 27, 2026).
About Varon USA
Varon USA builds truly healthy, performance-driven functional beverages, not “better for you” alternatives. Combining cultural relevance at scale, best-in-class marketing infrastructure, and products that taste exceptional while delivering real, measurable health benefits, Varon USA represents the Company’s primary growth engine in the United States.
The division is focused on operating and partnership platforms supporting functional wellness, performance, and sports hydration brands that are deeply embedded within high-engagement, culture-defining ecosystems. The division includes Ballislife Functional Sports Drink, aligned with one of the largest and most influential basketball media platforms globally, and SG Revive, a functional wellness beverage developed in partnership with ASA Entertainment, a leader in youth culture and sports media.
Collectively, these platforms reach tens of millions of highly loyal, deeply engaged consumers annually through dominant digital media channels, large-scale live events, broadcast exposure, and expansive youth initiatives, enabling Varon to systematically convert authentic cultural engagement into repeat consumer demand, while maintaining discipline, scalability, and long-term brand equity across a rapidly expanding national footprint.
About Varon Wellness
Varon Wellness operates established, high-velocity functional and performance beverage brands with proven, repeat consumer demand and meaningful national retail presence in Canada, with a focused mandate across functional wellness, performance, and sports hydration. The division includes Bucked Up, a recognized, culturally relevant performance energy and protein brand with deeply established traction in fitness, athletic, and performance-driven communities, and Vitagua, Varon’s proprietary, zero-sugar sparkling vitamin water brand purpose-built for modern, health-conscious consumers at scale.
Varon Wellness also includes a strategic, high-impact investment in Unity Electro Fest, a major Canadian music festival with large-scale attendance and national visibility that provides an experiential, high-engagement platform utilized for mass product trial, consumer immersion, and powerful brand activation. The division operates under Varon’s Elevated Wellness approach, prioritizing flavor-first, consumer-led formulations that deliver meaningful, credible functional benefits, supported by disciplined execution, operational rigor, and scalable commercialization across expanding channels.
About Varon Spirits
Varon Spirits is a boutique importer and agency representing a select roster of premium spirits brands. The business focuses on curating and distributing distinctive spirits rooted in heritage, craftsmanship, and cultural relevance, including ultra-premium tequilas, vodkas, and select rare offerings. Varon Spirits operates under a focused, capital-light model aligned with the Company’s broader lifestyle-driven beverage strategy.
About Ozop Energy Solutions.
Ozop Energy Solutions (Ozop Energy Solutions (http://ozopenergy.com/) is the flagship company that oversees a wide variety of products in various stages of development in the renewable energy sector. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.
This press release should be read in conjunction with the Company’s public filings which can be found at www.sec.gov
Safe Harbor Statement
“This press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.”
Investor Relations Contact – Ozop
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