BOULDER, Colo. – Next Frontier Brands, an international Consumer package goods (CPG) company with a focus on beverage and wellness products, announced on Thursday the appointment of Joseph Magnacca as president and chief executive officer.
Shannon Soqui, Next Frontier Brands’ co-founder and former CEO will assume the role of executive chairman, where he will continue to focus on driving company strategy, governance and investor relations.
With over 30 years of experience, Magnacca has a demonstrated track record of success leading brand innovation and transformation across the wellness and beauty industry. Prior to joining Next Frontier, he served as president of Walgreens, president of Duane Reade, CEO and director of Massage Envy, and CEO of Radio Shack as well as holding board seats for Sally Beauty, American Apparel and Next Frontier Holdings.
“Magnacca is the right leader to grow the Next Frontier business. He has unmatched industry experience addressing the needs of changing consumer demands, as well as growing sustainable, profitable, global businesses,” says co-founder and chief strategy officer, Jason Roth.
“The Next Frontier Brands team has assembled a strong portfolio of global challenger brands,” adds Magnacca. “I look forward to leading the business in maximizing global growth opportunities while driving exceptional brand and customer experiences.”