The veteran-owned coffee chain has provided several updates to its executive leadership team, including the promotion of Chris Mondzelewski to the newly created role of President
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BRCC expects to achieve revenues of $91m in its second quarter ending 30 June 2023 | Photo credit: Black Rifle Coffee Company
Black Rifle Coffee Company (BRCC) has announced that Chief Marketing Officer Chris Mondzelewski has assumed the newly established role of President.
Mondzelewski, who only joined BRCC in May 2023, will continue his CMO responsibilities alongside overseeing the business’ day-to-day operations.
Additionally, Utah-based BRCC announced Mondzelewski will take on many functions of the Chief Operating Officer role with current COO Toby Johnson leaving the company with immediate effect to ‘pursue other opportunities’.
“Chris joined BRCC earlier this year and quickly made a positive impact on the company. His appointment as president is recognition that his deep business and strategic expertise extends well beyond marketing, which is why we are expanding his scope to leverage his business development and operational capabilities,” said Tom Davin, co-CEO, BRCC.
In a further leadership change, Chief Financial Officer Greg Iverson will leave BRCC in August 2023 to return to the education sector — an industry he worked in between 2007-2018.
Experienced financial executive Mark Weinsten, currently Managing Director of business management consultancy Berkeley Research Group, will serve as Interim CFO while a permanent replacement is sought.
BRCC said Weinsten is familiar with its operations having consulted on various operational and productivity initiatives since February 2023.
“I want to thank Greg and Toby for the positive impact they have had on Black Rifle as we have transitioned from the private to public markets. The continued evolution of our management team and organisational structure will further leverage the strengths and expertise of the exceptional leaders we have within the organisation, drive enhanced cohesion across our operations and create better opportunity for future growth,” added co-CEO Evan Hafer.
BRCC said it expects to achieve revenues of $91m in its second quarter ending 30 June 2023, 9% higher than its first quarter sales. The coffee chain forecasts full-year 2023 revenues reaching between $400-$440m.