Flow Beverage Corp. announced that Maurizio Patarnello has decided to step down from the position of Chief Executive Officer for personal reasons, effective June 1, 2022. Nicholas Reichenbach, Flow's Founder and Executive Chairman, will succeed Mr. Patarnello as Chief Executive Officer.

With over 30 years dedicated to growing successful food and beverage brands around the world, including Flow, Maurizio Patarnello has decided to step down as Flow's Chief Executive Officer to be closer to his family and loved ones in Europe. To ensure continuity in the Company's strategy, Mr. Patarnello will assume the role of Strategic Advisor to Flow Beverage's Board of Directors, continuing to assist the Company in existing and with future strategic projects. The Board has appointed Nicholas Reichenbach as Chief Executive Officer to lead the Company under the existing strategic framework.

Mr. Reichenbach founded Flow in 2014, guiding its formative development into a Certified B-Corp focused on sustainability, health and wellness. Now available in over 30,500 retail outlets across the United States and Canada, Flow is one of the fastest growing premium water brands in North America, to date having replaced over 150 million single serve plastic water containers with sustainable Tetra Pak® packaging.