Benzinga | Jul 6, 2021 02:44PM EDT

NuZee Appoints Patrick Shearer As Finance Chief

* Specialty coffee company NuZee Inc (NASDAQ:NUZE) has appointed Patrick Shearer as its new Chief Financial Officer, effective immediately.

* Shearer will succeed Shanoop Kothari as CFO.

* Shearer holds a Bachelor of Arts in Economics from the University of California, Los Angeles, and is a Certified Public Accountant in California.

* Shearer served as a Partner in the Risk and Financial Advisory Services practice of Deloitte, where his primary focus areas included accounting advisory, finance, mergers, acquisitions, divestitures, and capital markets.

* "Patrick's expertise in finance, M&A, and capital markets will be beneficial to NuZee, as we position our company for expected growth ahead," said CEO Masa Higashida.

* Price action: NUZE shares are trading lower by 2.88% at $3.03 on the last check Tuesday.