
Jones Soda Company announces on Wednesday that now the companies new President and CEO is William R. Meissner. Former CEO Joth Ricci has left the company to follow other opportunities. The evolution comes as the soda company known for quirky flavors are losing money and after a deal to sell the company fell through.
The company is famous for the product quirky flavor and quirky flavors are losing money it lost $4.5 million. This loss was very steeper than the previous year. Their sales are decreasing as the customers are going for cheaper soda.
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