logo
Black Buffalo Appoints Loren Eggleton as Chief Financial Officer

Black Buffalo Appoints Loren Eggleton as Chief Financial Officer

Yahoo21-05-2025

CHICAGO, May 21, 2025 /PRNewswire/ -- Black Buffalo Inc., the leading modern alternative to traditional smokeless tobacco for adult consumers, is proud to announce the appointment of Loren Eggleton as Chief Financial Officer. A seasoned finance executive, Eggleton brings over two decades of experience leading high-growth companies through transformative milestones across public and private markets.
Eggleton joins Black Buffalo at a pivotal stage of expansion. He will be responsible for overseeing the company's financial strategy, operations, and capital structure as it scales its retail footprint, strengthens its omnichannel presence, and deepens investments in R&D, compliance, and supply chain infrastructure.
"Loren brings an exceptional level of financial experience, professionalism, and cultural fit to Black Buffalo," said Matthew Hanson, Chief Growth Officer of Black Buffalo, "Black Buffalo continues to attract very high-quality talent like Loren, who has proven to be immediately and positively impactful on the company and its continued rapid growth."
Prior to joining Black Buffalo, Eggleton served as the inaugural CFO at AppHarvest, where he played a critical role in the company's journey from a 13-person startup to a publicly traded business on the Nasdaq. During his tenure, he led a successful merger at a $1 billion valuation, raised over $1 billion in financing, scaled the finance organization to support 1,000 employees, and oversaw key areas such as accounting, FP&A, treasury, investor relations, and IT.
His expertise spans capital raising, private equity, due diligence, financial modeling, and ERP implementation, among other core finance functions.
"It's an exciting time to join Black Buffalo, and I'm thrilled to take on the role of Chief Financial Officer," said Eggleton. "I'm impressed by the company's progress and look forward to playing a key part in its future growth."
About Black Buffalo
Founded in 2015, Black Buffalo has created America's leading smokeless tobacco alternative products, backed by over 25,000 hours of research and development. The Company is a 3-time recipient of the Inc. 5000 Fastest-Growing Private Companies in America award (most recently in 2024), and Black Buffalo has won major Best New Product awards from the convenience trade.
Black Buffalo smokeless tobacco alternative products are sold in-store and online. To learn more about Black Buffalo, visit the Company's website or use the Company's store locator to find Black Buffalo products at a local retailer near you. Interested retailers may contact wholesale@blackbuffalo.com to learn more about Black Buffalo.
Certain Black Buffalo smokeless tobacco alternative products contain pharmaceutical-grade, tobacco-derived nicotine, which is an addictive chemical, and all of Black Buffalo's products are intended for adults aged 21 and older who are consumers of nicotine or tobacco.
Black Buffalo's Forward-Looking Statements
Any projections or other estimates herein are forward-looking statements and are based upon certain assumptions that Black Buffalo Inc. ("Black Buffalo," the "Company," "we," "us," "our," "ours," et. al as noted in context herein) has deemed reasonable. Financial, market, economic or legal conditions, the performance of the Company, regulatory developments, and other factors could cause actual results to differ materially from those set forth in the forward-looking statements herein. The business and prospects of the Company may have changed materially since the date hereof. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth of markets in which we compete and in which our products are sold, (ii) unexpected increases in our expenses, including manufacturing expenses, (iii) delays or cancellations in spending by our suppliers or customers, (iv) delayed action on or issuance of marketing denied orders in response to our Premarket Tobacco Product Applications, or other negative actions taken by, the U.S. Food and Drug Administration, and (v) the impact of pandemics or natural disasters on our sourcing operations and supply chain. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
Black Buffalo Media ContactsJeffery David (JD), Co-Founder + Chief Brand Officerjd@blackbuffalo.comMatthew Hanson, Chief Growth Officermatthew@blackbuffalo.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/black-buffalo-appoints-loren-eggleton-as-chief-financial-officer-302462254.html
SOURCE Black Buffalo Inc.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rubrik, Inc. Class A (RBRK) Receives a Buy from Barclays
Rubrik, Inc. Class A (RBRK) Receives a Buy from Barclays

Business Insider

time23 minutes ago

  • Business Insider

Rubrik, Inc. Class A (RBRK) Receives a Buy from Barclays

In a report released on May 30, Saket Kalia from Barclays maintained a Buy rating on Rubrik, Inc. Class A (RBRK – Research Report), with a price target of $105.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Kalia covers the Technology sector, focusing on stocks such as Adobe, Autodesk, and PTC. According to TipRanks, Kalia has an average return of 16.7% and a 64.69% success rate on recommended stocks. In addition to Barclays, Rubrik, Inc. Class A also received a Buy from Guggenheim's John Difucci in a report issued on May 27. However, on May 15, Mizuho Securities downgraded Rubrik, Inc. Class A (NYSE: RBRK) to a Hold. Based on Rubrik, Inc. Class A's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $258.1 million and a GAAP net loss of $114.89 million. In comparison, last year the company earned a revenue of $175.01 million and had a GAAP net loss of $97.5 million Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RBRK in relation to earlier this year. Most recently, in April 2025, Ravi Mhatre, a Director at RBRK sold 13,213.00 shares for a total of $832,154.74.

Markets4you Celebrates 18 Years with Global Recognition, New Features, and Expanded Trading Options
Markets4you Celebrates 18 Years with Global Recognition, New Features, and Expanded Trading Options

Yahoo

time28 minutes ago

  • Yahoo

Markets4you Celebrates 18 Years with Global Recognition, New Features, and Expanded Trading Options

TORTOLA, British Virgin Islands, June 2, 2025 /PRNewswire/ -- Internationally recognized trading platform Markets4you (previously Forex4you) is proud to mark a major milestone in 2025 with a series of key announcements: a global award honoring its platform excellence, the launch of an exclusive anniversary promotion, the expansion of its stock portfolio with more than 20 new listings, and the rollout of its newly launched PAMM Partner Program. Markets4you Recognized as Best Online Trading Platform Global for 2025 Markets4you has been named Best Online Trading Platform Global 2025 by the International Business Magazine Awards. This recognition underscores the company's ongoing commitment to providing a secure, reliable, and user-friendly trading platform for clients worldwide. It reflects the progress Markets4you has made in providing an environment where traders can focus on their strategies and goals. 18th Anniversary Promotion with Over $50,000 in Prizes In celebration of 18 years of service, Markets4you has introduced a global promotion aimed at giving back to its client base. Running from April 1 to June 30, 2025, its 18th Anniversary Campaign allows eligible participants to win a range of high-value prizes, including cash rewards up to $50,000, premium gadgets, travel vouchers, and a luxury vehicle. The campaign reflects the company's appreciation for its global community and its long-standing trust in the Markets4you brand. Growing Opportunities for Partners with PAMM Earlier this year, Markets4you introduced its PAMM (Percentage Allocation Management Module) service, allowing investors to allocate funds to experienced traders who manage the trading on their behalf. Following its successful launch, the brokerage has now rolled out its PAMM Partner Program, where partners can earn up to 40% in rebates from spreads or commissions, offering a competitive and flexible earning model. This new program reflects Markets4you's ongoing commitment to building strong, rewarding partnerships within its global network. 20+ New Global Stocks Now Available In response to growing demand for more trading options, Markets4you has added more than 20 new stocks to its platform. The latest additions include internationally recognized companies such as Louis Vuitton, AstraZeneca, Unilever, SAP, Volkswagen, and several others across multiple sectors. This expansion is part of the broker's broader initiative to offer clients greater flexibility, access to more international markets, and the ability to align their trading strategies with companies they know and trust. About Markets4you Markets4you is an award-winning, multi-asset trading platform offering contracts for difference (CFDs) in a wide range of markets across various assets, including forex, stocks, commodities, indices, and cryptocurrencies. For 18 years, Markets4you has been trusted by over 3 million traders and 100,000 partners worldwide. The award-winning broker has attained over 40 industry awards, including: Best Partnership Program Asia 2025 – International Business Magazine Best Forex Broker APAC 2025 – FXDailyInfo Most Innovative Forex Trading Solutions Provider 2025 – Global Business Magazine Forex4you and Markets4you are registered trademarks of E-Global Trade & Finance Group, Inc. For more information, users can visit ContactGlobal Marketing and EducationKhairil Photo: View original content to download multimedia: SOURCE Markets4you

Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia)
Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia)

Yahoo

time29 minutes ago

  • Yahoo

Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia)

Billionaire Bill Ackman will turn Howard Hughes Holdings into a modern-day Berkshire Hathaway in an effort to recreate Warren Buffett's success. Ackman's hedge fund Pershing Square Capital Management recently took a stake in Amazon, an artificial intelligence stock up 855% in the last decade. Amazon has three major growth opportunities in e-commerce, digital advertising, and cloud computing, and the company is using AI to boost revenue and improve margins. 10 stocks we like better than Amazon › In 1965, Warren Buffett took control of Berkshire Hathaway. He said that in hindsight it was a "doomed" textile mill "headed for extinction." But he saved the business, and laid the foundation for lasting growth, by shifting its focus to insurance. That brilliant decision created a steady inflow of investable capital in the form of insurance premiums, and Buffett used that cash to great effect over the years. Berkshire's market value has increased more than 5,500,000% since Buffett took control, for an average annual return of 20% over six decades. Buffett deserves much of the credit. He (along with the late Charlie Munger) engineered acquisitions, stock purchases, and share buybacks that ultimately turned Berkshire into a trillion-dollar business, one of only 11 in the world at this writing. While Buffett plans to step down as chief executive at Berkshire this year, billionaire Bill Ackman hopes to recreate his success with Howard Hughes Holdings. Ackman recently added another 900 million shares to his hedge fund, bringing his total ownership to 46.9%. He plans to turn Howard Hughes into a "modern-day version of Berkshire" by acquiring controlling interests in private and public companies. If Ackman succeeds, he could become the "next Warren Buffett." Here's the artificial intelligence stock he just bought. Bill Ackman ranks among the 20 most successful hedge-fund managers as measured by net gains, according to LCH Investments. And Pershing Square outperformed the S&P 500 (SNPINDEX: ^GSPC) by 24 percentage points over the last five years. Those accomplishments make Ackman an excellent source of inspiration. Importantly, he purchased three stocks during the first quarter: Hertz Global, Uber Technologies, and Brookfield Corporation. Those trades were disclosed in a Form 13F filed last month, but Pershing more recently added Amazon (NASDAQ: AMZN), an artificial intelligence (AI) stock that rocketed 855% over the last decade. Pershing's chief investment officer Ryan Israel said: "We felt that the company would be able to work through any slowdown in the cloud computing division Amazon Web Services, and we did not judge that tariffs would have a material impact on the earnings in the retail business." Interestingly, Ackman has a very concentrated portfolio that included fewer than a dozen stocks as of the first quarter. Chipmaker Nvidia was not one of those stocks. Amazon's market value exceeds $2 trillion today, but it could be much larger in a few years. The company has a strong presence in three growing industries, as detailed below: Not only does Amazon run the largest online marketplace in the U.S., but it also expects to gain market share this year. Domestic retail e-commerce sales are forecast to increase 8% annually through 2028, according to eMarketer. Amazon is the third-largest adtech company in the world and is rapidly taking share from industry leaders Google (part of Alphabet) and Meta Platforms. Retail ad spending is forecast to increase 17% annually in the U.S. through 2028, according to eMarketer. Amazon Web Services (AWS) is the largest public cloud operator, as measured by infrastructure and platform services spending. Cloud computing sales are forecast to grow at 20% annually through 2030, according to Grand View Research. Importantly, retail advertising and cloud services revenues not only are growing faster than online retail sales, but also have higher margins. That will make Amazon more profitable over time. But the company is also developing about 1,000 generative AI applications that will improve productivity and efficiency across its retail business, from front-end tasks like customer service to back-end tasks like coding. AWS is ideally positioned to monetize AI. It already operates the largest public cloud as measured by revenue and customers, but it has also introduced new products at all three layers of the computing stack. That includes custom chips for AI training and inference at the infrastructure layer, AI-model development tools like Bedrock at the platform layer, and AI applications like Amazon Q at the software layer. That three-tiered strategy is paying off. CEO Andy Jassy recently told analysts: "Our AI business has a multibillion-dollar annual revenue run rate," and "continues to grow triple-digit year-over-year percentages." Amazon shares soared 855% over the last decade as the company built strong positions in online retail, digital advertising, and cloud computing. And Wall Street is still predominantly bullish. Among the 71 analysts who follow the company, 96% rate the stock a buy, and the median target price is $235 per share, which implies 14% upside from the current share price of $205. Wall Street expects Amazon's earnings to increase at 10% annually through 2026. That makes the current price-to-earnings (P/E) ratio of 33 look somewhat expensive. But I think analysts are underestimating the company, as they have in the past -- Amazon topped the consensus earnings estimate by an average of 21% during the last six quarters. Long-term investors should feel comfortable buying a small position today. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Amazon and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Berkshire Hathaway, Brookfield, Brookfield Corporation, Howard Hughes, Meta Platforms, Nvidia, and Uber Technologies. The Motley Fool has a disclosure policy. Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia) was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store