Business
Iconic Brands Announces Appointment of Tom Martin as Interim CEO and Intention to Change Corporate Name to "TopPop Innovative Brands, Inc." and Ticker Symbol to "TPOP"
Iconic Brands Announces Appointment of Tom Martin as Interim CEO and Intention to Change Corporate Name to "TopPop Innovative Brands, Inc." and Ticker Symbol to "TPOP".
About this update from Iconic Brands, Inc.
[{"type":"text","content":"\n Tom Martin, a 40-year veteran of the packaging industry, has assumed the interim Chief Executive Officer role, effective July 1, 2022.  The proposed name change to TopPop Innovative Brands, Inc., and ticker change to “TPOP” reflect the Company's core mission and commitment to sustainable packaging solutions. Majority of Company’s revenue is currently attributed to TopPop packaging business. Changes mark a milestone in the Company's evolution from a focus on adult beverage/celebrity brand-building to a focus on innovation, development, and delivery of alcohol and non-alcohol beverages, foods and frozen treats.   TopPop will continue to provide global consumer brands, products and retailers with high-quality packaging capabilities that reduce waste and improve efficiencies. AMITYVILLE, NY, July 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Iconic Brands, Inc. (OTCQB: ICNB) (“Iconic” or the “Company”), a leader in the development, design and delivery of alcohol and non-alcohol beverages, announced today that, subject to receipt of stockholder and FINRA approval, it plans to change its corporate name to “TopPop Innovative Brands, Inc.”, and to change its stock ticker symbol to ”TPOP,” replacing the Company’s current ticker symbol “ICNB”. The Company has appointed Tom Martin, founder and CEO of TopPop LLC, a wholly owned subsidiary of the Company (“TopPop”), as interim Chief Executive Officer of the Company. Mr. Martin has served as President and Chief Operating Officer of TopPop and has been with Iconic since TopPop was acquired in July 2021. These changes demonstrate the Company’s commitment to focusing on its core growth markets and opportunities, and its leadership in sustainable flexible packaging solutions for the food and beverage industry. “I want to express my deep appreciation to the Iconic team members and Iconic investors for making our progress to this point possible. I believe TopPop is on a solid growth trajectory. We have built a new 65,000-square-foot facility to expand capacity and to keep up with growing customer demand, and we achieved full-scale production capability at the end of March 2022. In addition, we launched Bellissima Zero, a new line of zero-sugar still wines. I believe ...