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Phivida names director

Phivida Holdings Inc. appointed John Caruso to its board.

Caruso has been with the food and beverage industry for more than 40 years. He is senior vice president, business development diversified channels at Acosta, a food and beverage brokerage agency representing companies such as PepsiCo Inc. and Unilever PLC.

Vancouver, British Columbia-based Phivida is launching its Oki brand of active hemp-infused functional beverages in retail stores and plans to expand into other categories.

Additionally, John-David Belfontaine, a founder of the company, resigned from the board.