MONTREAL, Dec. 10, 2015 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) today announced that Mr. Bruce J. Guerriero, CPA-CA, was appointed to the Company's Board of Directors on December 7, 2015 to fill in the directorship vacancy following the passing of Mr. Thomas Stemberg on October 23, 2015. Mr. Guerriero will also chair the Audit Committee of the Company.
Mr. Guerriero was a Senior Audit Partner in the Montreal office of KPMG LLP, where he practiced for 38 years before retiring in September 2014. During his years at KPMG, Mr. Guerriero served as the lead audit engagement partner for companies in different business sectors, including Consumer Markets and Retail. He also served on the Partnership Board of Directors for KPMG in Canada from 2003 to 2010. In addition, Mr. Guerriero assisted companies with their public offerings on Canadian and US exchanges as well as provided them with assistance in meeting their ongoing financial requirements with the Canadian and US securities regulators.
Sylvain Toutant, President and Chief Executive Officer, stated, "We are extremely pleased to welcome Bruce to DAVIDsTEA's Board of Directors. As an independent director, Bruce will bring leadership and valuable financial expertise to our Board of Directors and Audit Committee."
About DAVIDsTEA Inc.
DAVIDsTEA is a fast-growing branded beverage company, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. As of October 31, 2015, the Company owned and operated 183 DAVIDsTEA stores throughout Canada and the United States. The Company is headquartered in Montréal, Canada.
CONTACT: Investor Contact:
ICR, Inc.
Farah Soi/Rachel Schacter
203-682-8200
[email protected]


McDonald's and Restaurant Brands International Face Headwinds Amid Iran Conflict and Rising Costs
BlackRock CEO Larry Fink Earns $37.7 Million in 2025 Amid Record Growth
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears
TSMC Japan's Second Fab to Produce 3nm Chips by 2028
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments
Nomura Upgrades PDD Holdings to Buy, Calls Stock Too Cheap to Ignore
Apple Turns 50: From Garage Startup to AI Crossroads
Novartis to Acquire Biotech Firm Excellergy in $2 Billion Deal
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 



