Alkaline Water Company appoints Board member Frank Lazaran as CEO

– USA, AZ –  The Alkaline Water Company Inc. (NASDAQ: WTER | CSE: WTER) today announced the appointment of Board member Frank Lazaran as CEO, replacing Richard Wright who resigned from the Company and the Board, effective immediately.

“We are excited to have Frank join The Alkaline Water Company as CEO and extremely confident Frank and the team can lead us into the next phase of our growth with Alkaline88. Frank brings over 40 years of strategic execution, operational management, and innovation in the retail sector, as well as capital markets experience that will help continue to accelerate the Company’s top line growth along with bringing heightened attention towards profitability for the Company,” said Board Chairman, Aaron Keay.

About Frank Lazaran

Mr. Lazaran has a proven track for delivering operational excellence with extensive leadership experience in scaling organizations in the retail sector.

Frank Lazaran is a 40-year veteran of the retail food industry, who brings decades of commercial and c-suite experience in scaling organizations, optimizing operations, and driving innovation in the retail sector. He has a solid track record for delivering operational excellence with balanced growth to companies facing unique challenges and complex situations. He was most recently the Chairman, CEO, and President of Marsh Supermarkets, Inc., a multi-format regional food retailer based in Indianapolis, Indiana. Under his leadership, he led the company through a successful turnaround. Before Marsh, Mr. Lazaran served as the CEO, President, and director of Winn-Dixie Stores, Inc., which was a publicly-traded company and one of the largest supermarket chains in the Southeast. In addition, he was President of Texas-based Randalls and Tom Thumb Supermarkets. He is currently a Senior Industry Partner for the private equity firm, New State Capital Partners, and also serves as an advisor to the retail industry through his consulting practice, Galazarano Consulting & Investments.

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