THP Announces Acting Chief Executive Officer

Ho Chi Minh City, 12 April 2023 – Tan Hiep Phat Beverage group (“THP”), a leading FMCG business in Vietnam, today announced that Deputy Chairman, Mr. David Riddle, has stepped into the role of Acting Chief Executive Officer.

Founded in 1994, THP is one of the largest private beverage companies in Vietnam. It develops, produces and sells three of Vietnam’s national brands, and supplies drinks to all of Vietnam’s 63 provinces as well as to an additional 16 countries internationally.

Mr. Riddle has over 45 years of management experience, all of which have been spent in Asia. He has served THP as Deputy Chairman and as a Board Director over the last thirteen years, working closely with Mr. Tran Qui Thanh (Dr Thanh), THP’s founder, and the Tran family.

Mr. David Riddle, Acting Chief Executive Officer of THP, said, “THP is an iconic brand whose products are among the most trusted in Vietnam, enjoyed by millions each year.  Dr Thanh and his family have worked tirelessly to transform a small beverage business into the giant it is today. I will be supported by our Board, including our COO, Mr. Nguyen Van Tu, and of course our Chairperson, Ms. Nu Pham Thi.”