Peter W. Anderson Joins Brick Brewing Board of Directors

Larry Macauley Retiring After Six Years of Service

 

KITCHENER, ON--(Marketwired - May 01, 2015) - Brick Brewing Co. Limited ("Brick" or the "Company") (TSX: BRB), the largest Canadian-owned and Canadian-based publicly held brewery in Ontario, today announced that Peter W. Anderson, past President and Chief Executive Officer, CI Investments, has been appointed to the Brick Brewing board of directors. Mr. Anderson replaces Larry Macauley, who is retiring after six years of service.

Anderson joined CI Finance Corp in 1997 and helped it become one of the world's most successful asset-management companies, holding a range of leadership positions including Head of Sales and Marketing, President and Chief Executive Officer CI Investments, Chief Investment Officer and Head of Institutional Asset Management, until his retirement in 2012. He continues to serve on the boards of Aston Hill Financial, St Andrew's College and the Toronto Symphony Orchestra.

"We are excited to welcome Peter to Brick Brewing's board of directors," said George Croft, Brick President and CEO. "We believe his strong experience, especially in capital markets, will be extremely valuable as Brick Brewing continues to grow."

"We were seeking someone who would further strengthen our board's breadth of talent and background, and we are delighted to have identified such an outstanding individual," said Peter Schwartz, Brick Brewing chairman. "I'm confident that Peter is going to make an important and positive impact on our company."

"I have always admired Brick Brewing for its innovative products and dynamic leadership team, and I'm honored to be joining their board," said Anderson. "I have tremendous respect for George, Peter and the other board members, and I look forward to working with them."

Anderson graduated with honors from the University of New Brunswick with a Bachelor of Business Administration and earned an Institute of Corporate Directors Designation (ICD.D) in 2009.

"Larry's contributions to Brick Brewing are immeasurable and we owe him a huge debt of gratitude. On behalf of the board and the entire company, I want to thank him for being a leader, a mentor and a friend," said Croft. "When Larry joined Brick's board, the company was facing considerable challenges. He not only helped Brick manage through these issues, but he's led us to a level of success that was simply unimaginable back in 2009."

"Over the past six years, it's been exciting to watch this story unfold as Brick Brewing emerged as the premier regional brewer in Canada," said Macauley. "The company today is in the best shape that I have seen it, and George's leadership of his strong team will allow Brick Brewing to continue to be great going forward."

About Brick Brewing

Brick is Ontario's largest Canadian-owned brewery. The Company is a regional brewer of award-winning premium quality and value beers and is officially certified under British Retail Consortium (BRC) Global Standards for Food Safety, one of the highest and most internationally recognized standards for safe food production. Founded in 1984, Brick Brewing Co. 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. In March 2011, Brick purchased the Canadian rights to Seagram Coolers and now produces, sells, markets and distributes Seagram Coolers across Canada. Brick trades on the TSX under the symbol BRB. Visit us at www.brickbeer.com.



For further information please contact:
George Croft
President and Chief Executive Officer
Tel: (519) 742-2732 Ext.147
E-mail: info@brickbeer.com