Reed's appoints Neal Cohane as COO with new compensation package
Reed’s, Inc. reported that it has appointed Neal Cohane as Chief Operating Officer, effective January 5, 2026.
Rhea-AI Filing Summary
Reed’s, Inc. reported that it has appointed Neal Cohane as Chief Operating Officer, effective January 5, 2026. The company disclosed his background in beverage industry leadership roles, including prior service as Reed’s Chief Sales Officer and positions at PepsiCo, SoBe and Coca-Cola.
Under his offer letter, Mr. Cohane will receive a base salary of $320,000 per year, an annual discretionary bonus of up to 80% of base salary, and a $1,000 per month stipend that includes a car allowance. Subject to annual review and conditions set by the Compensation Committee, he will also be eligible for an equity incentive award with a target grant date value of $500,000. The company attached his offer letter and a press release announcing the appointment as exhibits.
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8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive change did Reed's (REED) disclose in this filing?
Reed’s, Inc. disclosed that it appointed Neal Cohane as its Chief Operating Officer, effective January 5, 2026.
What is Neal Cohane’s base salary as COO of Reed's (REED)?
Under his offer letter, Neal Cohane will receive a $320,000 annual base salary as Chief Operating Officer of Reed’s, Inc.
What bonus opportunity will Neal Cohane have at Reed's (REED)?
Mr. Cohane will be eligible for an annual discretionary bonus of up to 80% of his base salary, based on objectives and milestones set by the Board.
Does Neal Cohane receive any additional cash stipends from Reed's (REED)?
Yes. He will be eligible for a $1,000 per month stipend, which includes a car allowance.
What equity incentives will Neal Cohane be eligible for at Reed's (REED)?
Subject to annual review and conditions set by the Compensation Committee, Mr. Cohane may receive an equity incentive award with a target grant date value of $500,000.
What prior relationship does Neal Cohane have with Reed's (REED)?
Before this appointment, Neal Cohane served as Chief Sales Officer for Reed’s from August 2007 to December 2022.
AI-generated analysis. How Rhea-AI works. Not financial advice.