PLANO, Texas, US – NuZee, Inc., a leading U.S. producer and co-packer of specialty single serve pour-over coffee pouches and pour over drip cups, announced that Patrick Shearer has joined NuZee as its new Chief Financial Officer, effective immediately. Mr. Shearer brings to NuZee over 25 years of experience in accounting, finance, transactions and management. Mr. Shearer has held numerous senior leadership positions during his career and has experience in a variety of industries including food and beverage.
Patrick Shearer served as a Partner in the Risk and Financial Advisory Services practice of Deloitte where his primary focus areas included accounting advisory, finance, mergers, acquisitions, divestitures, and capital markets.
Mr. Shearer has significant international experience having lived and worked in Japan in a professional capacity and having completed numerous cross-border projects primarily involving companies based in North America, Asia, and Europe. Mr. Shearer holds a Bachelor of Arts in Economics from the University of California, Los Angeles and is a Certified Public Accountant in the State of California.
Patrick Shearer said, “I’m honored and excited to join NuZee and be a part of the team that is positioning the company for its next stage of projected growth and development. I look forward to joining Masa and the other recently appointed members of management in NuZee’s efforts to enhance its financial position.”
Mr. Shearer succeeds Shanoop Kothari as NuZee’s Chief Financial Officer. Mr. Kothari’s previously disclosed resignation from the Company will become effective no later than August 16, 2021. Until his departure, Mr. Kothari is expected primarily to assist with the transition to Mr. Shearer as NuZee’s new Chief Financial Officer.
Masa Higashida, President and CEO of NuZee, said, “Patrick is a great addition to our newly reconstituted executive leadership team, bringing years of experience in the finance industry. His expertise in finance, M&A and capital markets will be beneficial to NuZee, as we position our company for expected growth ahead. I also want to thank Shanoop Kothari for his significant contributions to NuZee during his time at the Company. We wish him well in his next endeavor.”
