Jones Soda Co (OTCMKTS:JSDA) Stock In Focus After Appointment of New Director
The appointment of a new member to a company’s board is almost always seen as a major new development and yesterday Jones Soda Co (OTCMKTS:JSDA) was in the news after having made such an announcement.
Trading Data
On Wednesday, JSDA stock lost 1.49% to $0.1980 with more than 10.90K shares, compared to its average volume of 158.06K shares. The stock moved within a range of $0.1960 – 0.2005 after opening trade at $0.1960.
Jones Soda Co. Announces Appointment of New Director to the Board of Directors
The company announced yesterday that its board of directors had appointed Ronald Dissinger as a director, who would continue to serve on the board up until the next annual meeting of shareholders. In light of the latest appointment, the chairman of the Jones Soda board Paul Norman spoke about Dissinger’s credentials as a professional. He noted that Dissinger was a global financial executive who brought considerable experience in the CPG industry to the role.
Dissinger served in leadership roles for the Kellogg Company at both the international and domestic levels. Additionally, it was further pointed out by Norman that Dissinger held significant and deep knowledge of business operations and throughout the course of his career he provided strategic financial leadership in all aspects of business operations, which also included mergers and acquisitions. It now remains to be seen if the new appointment results in any attention for the Jones Soda stock in the coming days or not.
