Sightglass Espresso stared in 2009 in San Francisco by way of brothers Jerad and Justin Morrison. In that point, the espresso store and roastery grew to 3 Bay Space places and every other in Los Angeles. In 2018, the Morrisons accredited outdoor investment from GingerBread Capital, a project capital company that “[invests] in ladies main high-growth-potential companies,” according to their web page. Now, the Morrison brothers are out at Sightglass, with the board appointing a brand new CEO, former Starbucks company exec Sharon Healy.
GingerBread isn’t the primary outdoor investor in Sightglass. The emblem rather famously counted Twitter cofounder Jack Dorsey as one in every of its preliminary buyers. Rapid ahead 15 years and Sightglass has won more than one rounds of investment from GingerBread for undisclosed quantities and feature transform a part of an funding portfolio with a board to make industry choices. Maximum not too long ago, that industry determination has been to hunt outdoor management with “the Morrison brothers [steeping] down from the industry to pursue different endeavors,” according to the clicking liberate.
For that, the board tapped Sharon Healy. Healy has spent over 30 years at the retail and gross sales facet of the meals and beverage business, with 10 of them at Starbucks, the place she was once a Nationwide Account Govt, overseeing relationships with huge scale licensees like outlets Safeway and Kroger in addition to Sodexo, the biggest meals carrier control corporate in North The us. Now, she is on the helm of the San Francisco espresso logo with just about 100 staff.
“Sightglass is a distinct logo adored by way of those that cherish super-premium espresso. I’m excited for the chance to introduce our logo to a much wider target market and information it towards its complete prospective,” Healy states within the press liberate.
The hiring of Healy seems to be a transfer to carry Sightglass into extra primary retail chains national. “Together with her monitor file for developing new income streams and rising marketplace percentage with primary outlets within the meals and beverage business, Sharon is the suitable government on the proper time to guide Sightglass into its subsequent section of progress,” states Linnea Roberts, GingerBread Capital’s discovered and CEO and a member of the Sightglass board.
For more info, talk over with Sightglass Espresso’s LinkdIn web page.
Zac Cadwalader is the managing editor at Sprudge Media Community and a workforce author primarily based in Dallas. Learn extra Zac Cadwalader on Sprudge.
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