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Relaxation beverage Drank takes on Minnesota, Wisconsin markets

BY Allison Cerra

ST. CLOUD, Minn. Innovative Beverage Group has entered into an agreement with Bernick’s Beverages & Vending, a distributor for the Pepsi family of brands, and MillerCoors family of brands, to distribute its relaxation beverage.

Drank will now be distributed throughout Minnesota, including the Twin Cities area, and parts of Wisconsin.

“We are continuously looking at ways to expand our beverage portfolio with products that add value to our customers,” said Dean Bernick, CEO of Bernick’s Beverages & Vending. “We are extremely excited about Drank because, for us, it is a new category of beverages, the relaxation category. There is a demand for this product, and we are pleased to have the opportunity to fill that demand.”

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Innova Nutrition launches energy bar for diabetics

BY Allison Cerra

SEATTLE Innova Nutrition announced the launch of DiabetEZE, an energy bar designed and developed for diabetics.

“This bar was designed for diabetics, but is a fabulous protein bar for everyone,” said Rick Posmantur, VP and co-founder of Innova Nutrition. “DiabetEZE is loaded with vitamins and minerals, has less sugar than other bars and tastes great.”

After extensively researching the most important vitamins and minerals for diabetics, Posmantur and his team came up with a high potency vitamin and mineral core for the bar. DiabetEZE is comprised of only 4g of sugar, 10g of protein, 5g of fiber, and very high therapeutic levels of the most absorbable and bio-available forms of the 19 vitamins and minerals in the bar.

DiabetEZE is currently available at Northwest Costco locations. For more information on DiabetEZE visit www.diabeteze.com.

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Dr Pepper Snapple Group CFO to retire

BY Allison Cerra

PLANO, Texas John Stewart, EVP and CFO of the Dr Pepper Snapple Group, announced his retirement Tuesday after three years with the company.

To facilitate the transition of his duties as CFO, Stewart has agreed to remain in his position until March 31, 2010. The company said it will conduct an external search for his replacement, and Stewart will assist in his successor’s transition.

“John has played a critical role in our successful business transformation from a subsidiary to a publicly traded company,” said Larry Young, the company’s president and CEO. “He has built a strong and highly effective finance and IT organization and has led significant improvements in our systems and controls. All of us at Dr Pepper Snapple thank John for his lasting contributions to our great business.”

Stewart has served as CFO since November 2006. Prior to joining the company, he was SVP and CFO of Diageo North America, a subsidiary of Diageo PLC.

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