WATERLOO, ON, Feb. 11 /CNW/ - Brick Brewing Co. Limited (the "Company")
today announced that Chairman and Founder, Jim Brickman has resigned from the
Board of Directors.
Jim Brickman founded the Company in 1984 and was Executive Chairman of
the Company from May 2004 to December 11, 2008 when he retired from the
Company. Jim served as President and Chief Executive Officer of the Company
from February 1984 to May 2004.
The Company appreciates the significant contribution Jim Brickman has
made to the Company since founding it in 1984. His hard work and dedication
has helped build a strong foundation for the Company's future. The Company's
Board of Directors and management wish him well in his future endeavors.
Jim Brickman received a retiring allowance of approximately $390,000, in
accordance with the terms of his employment agreement.
Peter Schwartz has been appointed interim Chairman of the Company.
About Brick Brewing
Brick Brewing Co. Limited is Ontario's largest Canadian-owned and
Canadian-based publicly held brewery. The Company is a regional brewer of
award winning premium quality and value beers. The Company, founded by Jim
Brickman in 1984, was the first craft brewery to start up in Ontario, and is
credited with pioneering the present day craft brewing renaissance in Canada.
Brick has complemented its Waterloo brand premium craft beers with other
popular brands such as Laker, Red Baron, Red Cap and Formosa Springs Draft.
Brick trades on the TSX under the symbol BRB. Visit us at www.brickbeer.com
For further information:
For further information: George Croft, President and CEO, Tel: (519)
576-9519 Ext. 247, E-mail: firstname.lastname@example.org