BNET Industries
Last Fiscal Year Sales:$47.6M
- Public
- US
Dow Jones Description
It was 1984. In a turn-of-the-century general store in the small logging town of Kalama, Washington, the first Pyramid ale was brewing. Today, we're serving four staple beers, two seasonal brews and periodic alehouse exclusives to discerning palates nationwide. What a long, delicious trip it's been.
CEOScott S. Barnum
Number of Employees 502
Contact Information
91 S Royal Brougham Way
Seattle, Washington 98134-1219
(206) 682-8322
Peer Companies
NAICS Code Breweries: 312120
News & Analysis
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pyramid breweries inc. - All News and Analysis
Pyramid Breweries Inc. to Delist from Nasdaq
SEATTLE -- Pyramid Breweries Inc. ("Pyramid") (NASDAQ:PMID), today announced that in connection with the recent closing of the tender offer by PMID Merger Sub, Inc., a wholly owned subsidiary of Independent Brewers United, Inc., the parent of Magic Hat Brewing Company & Performing Arts Center, Inc. that was completed August...
Magic Hat Brewing Company Affiliate to Acquire Pyramid Breweries for $2.75 Per Share
SEATTLE & BURLINGTON, Vt. -- Independent Brewers United, Inc., the parent of Magic Hat Brewing Company & Performing Arts Center, Inc. ("Magic Hat"), and Pyramid Breweries Inc. (NASDAQ:PMID) ("Pyramid") today jointly announced the execution of a definitive merger agreement that contemplates, among other things, a tender offer to purchase all...
Pyramid Breweries Inc. Reports Third Quarter 2007 Financial Results
SEATTLE -- Pyramid Breweries Inc. Pyramid (NASDAQ:PMID), today announced results for the quarter ended September 30, 2007. Pyramid reported net loss of $101,000, or negative $0.01 per diluted share for the quarter, compared to net income of $130,000, or $0.01 per diluted share in the third quarter a year ago....
Pyramid Breweries Inc. Reports Second Quarter 2007 Financial Results
SEATTLE -- Pyramid Breweries Inc. Pyramid (NASDAQ:PMID), today announced results for the quarter ended June 30, 2007. Pyramid reported net income of $156,000, or $0.02 per diluted share for the quarter, compared to $28,000, or $0.00 per diluted share in the second quarter a year ago. Gross sales for the...
Pyramid Breweries Inc. Reports Changes in the Board of Directors' Composition
SEATTLE -- Pyramid Breweries Inc. Pyramid (NASDAQ:PMID), today announced that, effective at the Annual Shareholders Meeting on May 23rd, Lee Andrews resigned from the Board of Directors and Jurgen Auerbach was elected to the Board of Directors. Total membership on the Board of Directors remains at seven directors, which was...
Pyramid Breweries Inc. Reports First Quarter 2007 Financial Results
SEATTLE -- Pyramid Breweries Inc. Pyramid (NASDAQ:PMID), today announced results for the quarter ended March 31, 2007. Pyramid reported net income of $1.3 million, or $0.14 per diluted share for the quarter versus a net loss of $505,000 or $0.06 per diluted share in the first quarter a year ago...
Pyramid Breweries Inc. Reports Fourth Quarter and Year End Results
SEATTLE -- Pyramid Breweries Inc. ("the Company" or "Pyramid") (NASDAQ:PMID), today announced results for the fourth quarter and year ended December 31, 2006. Gross sales for the quarter were $12.5 million, representing a slight increase over gross sales for the fourth quarter of 2005. Net loss for the quarter was...
Pyramid Breweries Announces Appointment of Board Member
SEATTLE -- Pyramid Breweries Inc. (NASDAQ: PMID) ("Pyramid" or the "Company"), today announced the appointment of David Rostov to its Board of Directors and Audit Committee effective February 7, 2007. Mr. Rostov is a seasoned financial professional, with significant experience in the public company sector. Mr. Rostov served as the...
Pyramid Breweries Inc. Reports Double Digit Volume Growth in Third Quarter
SEATTLE -- Pyramid Breweries Inc. ("the Company") (NASDAQ:PMID), today announced results for the third quarter ended September 30, 2006. Gross sales for the quarter were $15.8 million, representing a 10% increase over gross sales for the third quarter of 2005. This growth resulted primarily from increased shipment volume of 16%...
Pyramid Breweries Reaches Preliminary Settlement with Government Tax and Trade Bureau
SEATTLE -- Pyramid Breweries Inc. (NASDAQ:PMID) announced yesterday the Company has reached a preliminary understanding with the federal Alcohol and Tobacco Tax and Trade Bureau ("TTB") that it will pay $700,000 to resolve all issues arising from the TTB's audit of Pyramid's federal excise tax returns and related operations. After...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Scott S. Barnum | CEO |
| Alan S. Newman | Chief Creative Officer |
| Eric G Peterson | Chief Financial Officer and Treasurer (Principal Financial Officer) |
| Jason W. Rees | Chief Accounting Officer & Controller |
| Gary McGrath | Vice President of Sales |
| Mark House | Vice President of Breweries |
| Patrick Coll | Vice President of Alehouses |
| Timothy F McGettigan | Vice President of Sales |
| Alex Krallis | General Manager, Seattle |
| Paul Curhan | Pyramid Breweries Senior Director of Marketing |
| Tempe Minaga | Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| George Hancock | Founder & Chairman |
| Gregory G. Gatta | Board of Directors |
| Lee Andrews | Board of Directors |
| R Martin Kelly | Board of Directors |
Scott Barnum has been the CEO of Pyramid Breweries since June 2006, and has been a member of its Board of Directors since February 1999. Prior to assuming the CEO position at Pyramid Breweries, Barnum was President of Cocoa Pete's Chocolate Adventures, a premium chocolate company founded by the creator of Pete's Wicked Ale. Previous to this position, Barnum co-founded Plan B, a consumer marketing consultancy, agency, and "think tank." Barnum's previous experience includes launching the International Division for eBay Inc. shortly after its IPO in 1998. Prior to eBay, Barnum was President and COO of Pete's Brewing Company. His background also includes nearly five years with Miller Brewing Company, where he held several senior level marketing management positions (including responsibility for all of the Miller trademark brands) and where he launched Miller's specialty beer division as its General Manager. Barnum also spent eight years in brand management with PepsiCo Inc. He earned an MBA from Columbia University in New York and a Bachelors of Business Administration Degree from Pacific Lutheran University in Washington.
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | CEO | Current |
| Ignite Venture Partners | CEO of Pyramid Breweries | Current |
| Ignite Venture Partners | Board of Directors | Current |
| Pete's Brewing Company Inc. | President | Former |
| Pete's Brewing Company Inc. | Chief Operating Officer | Former |
| Plan-B | Co-Founder | Former |
| PepsiCo, Inc. | Former | |
| Columbia University | MBA | Former |
| Pyramid Breweries, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Chief Creative Officer | Current |
| Pyramid Breweries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Chief Financial Officer and Treasurer (Principal Financial Officer) | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Chief Accounting Officer & Controller | Current |
| Pyramid Breweries, Inc. | Vice President of Finance, Pyramid Breweries Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Vice President of Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Vice President of Breweries | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Vice President of Alehouses | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Vice President of Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | General Manager, Seattle | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Pyramid Breweries Senior Director of Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Manager | Current |
Mr. Hancock has been a director of the Company since 1989. Mr. Hancock served as our Chief Executive Officer from May 1992 until his retirement in December 1999, and as our Chairman of the Board from January 1997 to December 1999, as well as our interim Chief Executive Officer from February 2004 to August 2004 and Chairman of the Board since February 2004. Mr. Hancock previously served as our Chairman of the Board from July 1989 until July 1995. Since June 2005, Mr. Hancock has been President of Electrotechnology, Inc., a marine electrical contracting company. He was President of Penknife Computing, Inc., a computer software company, from 1988 to May 1992. Mr. Hancock was previously employed by the international accounting firm of Coopers & Lybrand, where he was primarily responsible for management consulting projects. Mr. Hancock was also the founder of two startup software companies in England and the United States. He was awarded a Masters in Business Administration by Cranfield Institute of Technology, England in 1981. He qualified as an accountant in England in 1967.
| Organization | Position | Status |
|---|---|---|
| Electro-Technology | President | Current |
| Pyramid Breweries, Inc. | Founder & Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Board of Directors | Current |
| Tatum LLC | Partner | Former |
| University of London | Bsc Degree In Physics | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Pyramid Breweries, Inc. | Board of Directors | Current |
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