News
Royal Cup names Chip Wann president/CEO
February 26, 2020
Royal Cup Inc., an importer, roaster and distributor of specialty coffees and teas, has named Chip Wann president and chief executive officer. Wann, who most recently served as the company's chief operating officer, becomes the first non-family leader for the company, according to a company press release.
Wann joined Royal Cup in 2017 as chief financial officer, managing corporate finance, accounting, commodities, information technology, pricing and procurement, and providing overall financial leadership and strategy. He was the company's first chief operating officer in April 2019. Prior to his tenure at Royal Cup, Wann served as the chief operating officer and chief financial officer for Birmingham-based Mspark and also held executive-level positions in the health care and insurance sectors.
Former President and CEO Bill Smith III will transition to a new role within the organization, serving as a director and strategic adviser. Smith will focus on new opportunities for the Royal Cup brand as well remain an active member of the board of directors.
