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Damian Warshall joins Reed’s (NYSE: REED) as new COO in 2026

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Reed’s, Inc. has appointed Damian Warshall as Chief Operating Officer, effective April 27, 2026, taking over the role from Neal M. Cohane, who remains interim Chief Executive Officer. Warshall previously served as Reed’s Vice President of Operations and brings extensive beverage manufacturing and supply chain experience.

Under his offer of employment, Warshall will receive an initial annual base salary of $300,000 and will be eligible for an initial annual target bonus of up to 80% of that base salary. The company highlighted his track record in improving cost structures, scaling operations, and supporting profitable growth as it focuses on strengthening margins and operational efficiency.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
COO base salary $300,000 per year Initial annual base salary for Damian Warshall as COO
Target bonus Up to 80% of base salary Initial annual target bonus opportunity for COO
COO appointment effective date April 27, 2026 Effective date of Damian Warshall’s appointment as COO
Executive age 43 years Age of Damian Warshall at time of appointment
Offer of Employment date April 10, 2026 Date of Offer of Employment between Reed’s and Warshall
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
indemnification agreement regulatory
"Mr. Warshall is eligible to enter into the Company’s standard form of indemnification agreement."
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Item 404(a) of Regulation S-K regulatory
"Mr. Warshall is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K."
forward-looking statements regulatory
"This press release contains forward-looking statements which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended."
Annual Report on Form 10-K regulatory
"including its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission on March 25, 2026."
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 24, 2026

 

 

 

REED’S, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Delaware   001-32501   35-2177773

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

         

501 Merritt 7 PH

Norwalk, Connecticut

      06851
(Address of Principal Executive Offices)       (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (800) 997-3337

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)*   Name of each exchange on which registered
Common stock, $0.0001 par value per share   REED   NYSE American LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On April 24, 2026, Reed’s, Inc. (the “Company”) announced the appointment of Damian Warshall as the Company’s Chief Operating Officer, effective April 27, 2026, assuming the role from Neal M. Cohane, who will continue to serve as the Company’s interim Chief Executive Officer.

 

Mr. Warshall, 43, most recently served as Chief Operating Officer of Pittston Co-Packers from April 2025 to April 2026. Prior to that, he served as Vice President of Operations of Munk Pack, from June 2024 to March 2025. Previously, Mr. Warshall served as the Vice President of Operations for the Company, from October 2020 to May 2024. Mr. Warshall earned a Master of Business Administration from the University of Virginia and a Bachelor of Science in Business Administration in Accounting and Finance from Georgetown University.

 

In connection with Mr. Warshall’s appointment, the Company entered into an Offer of Employment with Mr. Warshall (the “Warshall Offer Letter”), pursuant to which Mr. Warshall will receive an initial annual base salary of $300,000, less applicable withholdings, and will be eligible for an initial annual target bonus of up to 80% of his annual base salary. A copy of the Warshall Offer Letter is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The foregoing description of the Warshall Offer Letter does not purport to be complete and is qualified in its entirety by reference to the full text of the Warshall Offer Letter.

 

Mr. Warshall is eligible to enter into the Company’s standard form of indemnification agreement.

 

There are no family relationships between Mr. Warshall and any director or executive officer of the Company, and Mr. Warshall is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

 

Item 7.01Regulation FD Disclosure.

 

On April 24, 2026, the Company issued a press release announcing Mr. Warshall’s appointment. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

 

The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information shall not be deemed incorporated by reference into any other filing with the Securities Exchange Commission made by the Company regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit

Number

  Description
10.1   Offer of Employment, dated April 10, 2026, between the Company and Damian Warshall.
99.1   Press Release, dated April 24, 2026.
104   Cover Page Interactive Date File (embedded within the Inline XBRL document).

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  Reed’s, Inc.
     
Date: April 24, 2026 By: /s/ Douglas W. McCurdy
    Douglas W. McCurdy
    Chief Financial Officer

 

3

 

 

Exhibit 99.1

 

 

Reed’s Announces Appointment of Damian Warshall as Chief Operating Officer

 

NORWALK, CT, (April 24, 2026) — Reed’s, Inc. (NYSE American: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced the appointment of Damian Warshall as Chief Operating Officer, effective April 27, 2026.

 

Mr. Warshall is a seasoned consumer packaged goods (CPG) operations executive with deep expertise in scaling beverage manufacturing operations, enhancing supply chain efficiency and driving profitable growth across complex organizations. Most recently, he served as Chief Operating Officer at Pittston Co-Packers, where he led the revitalization of a large-scale beverage manufacturing facility and secured a multi-million-dollar revenue pipeline. Prior to this, he served as Vice President of Operations at Munk Pack, leading production and commercialization initiatives, including a nationwide retail launch. Mr. Warshall is well known to Reed’s, having previously served as Vice President of Operations. He holds an M.B.A. from the University of Virginia’s Darden School of Business and a B.S.B.A. in Accounting and Finance from Georgetown University.

 

“Damian’s operational leadership and proven ability to build efficient, scalable manufacturing and supply chain systems position him well to enhance execution across our business operations,” said Neal Cohane, Interim Chief Executive Officer of Reed’s. “He brings a strong track record of driving operational discipline, improving cost structures and supporting profitable growth, which we believe will be critical as we continue to optimize our business. We believe his experience will be instrumental in strengthening our operational foundation, improving margins and creating long-term value for our shareholders.”

 

Mr. Warshall added, “I’m excited to return to Reed’s as Chief Operating Officer and to work alongside the team to further strengthen our operational capabilities. Our priorities will focus on driving efficiencies across our manufacturing and logistics network, increasing throughput, and enhancing execution with our partners. Delivering more consistent, scalable performance will be a central focus in 2026 and beyond as we continue to build a stronger, more efficient operating platform.”

 

About Reed’s, Inc.

 

Reed’s is an innovative company and category leader that provides the world with high quality, premium and better-for-you beverages. Established in 1989, Reed’s is a leader in craft beverages under the Reed’s®, Virgil’s® and Flying Cauldron® brand names. The Company’s beverages are now sold in over 32,000 stores nationwide.

 

Forward-Looking Safe Harbor Statement

 

This press release contains forward-looking statements which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts, reflect management’s expectations as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include, but are not limited to, statements herein with respect to implied or express statements regarding the anticipated contributions and impact of the executive appointment, and the Company’s expectations regarding its business strategies and plans and its ability to create long-term value for our shareholders. These forward-looking statements are based on our current expectations and may differ materially from actual results due to a variety of factors, including the risk factors and uncertainties described under the caption “Risk Factors” in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission on March 25, 2026. The forward-looking statements in this press release are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law.

 

Investor Relations Contact

 

Sean Mansouri, CFA or Aaron D’Souza

Elevate IR

ir@reedsinc.com

(720) 330-2829

 

 

 

FAQ

What executive change did Reed’s (REED) announce on April 24, 2026?

Reed’s announced the appointment of Damian Warshall as Chief Operating Officer, effective April 27, 2026. He replaces interim COO Neal M. Cohane in that role, while Cohane continues serving as the company’s interim Chief Executive Officer during the ongoing leadership transition.

What is Damian Warshall’s compensation package as Reed’s (REED) COO?

Damian Warshall will receive an initial annual base salary of $300,000 and is eligible for an initial annual target bonus of up to 80% of his base salary. His compensation terms are detailed in an Offer of Employment attached as an exhibit.

What prior experience does Damian Warshall bring to Reed’s (REED)?

Damian Warshall most recently served as Chief Operating Officer at Pittston Co-Packers and previously as Vice President of Operations at Munk Pack. He also earlier served as Vice President of Operations at Reed’s, giving him direct familiarity with the company’s beverage operations.

What are Reed’s (REED) strategic expectations for the new COO role?

Reed’s expects Damian Warshall to enhance execution across operations by improving cost structures, strengthening the manufacturing and logistics network, and supporting profitable growth. Management emphasizes focusing on efficiencies, increased throughput, and more consistent, scalable performance in 2026 and beyond.

What exhibits accompany Reed’s (REED) filing about the COO appointment?

The filing includes an Offer of Employment dated April 10, 2026 between Reed’s and Damian Warshall as Exhibit 10.1, and a press release announcing his appointment dated April 24, 2026 as Exhibit 99.1, plus a cover page interactive data file as Exhibit 104.

Filing Exhibits & Attachments

8 documents