Shiner International, Inc., provider of food safety and anti-counterfeiting packaging, has appointed of Jeffrey T. Roney as the company's CFO. His responsibilities will include overseeing the corporate finance and investor relations functions of the company.
Roney is a seasoned executive with more than 24 years of experience in accounting, finance, capital markets, and business development. He has substantial experience in emerging markets. He owned and operated Roney Capital Partners, a privately held investment management and financial consulting company located in Virginia, and Roney Capital Consulting from 1988 through 2009.
Roney began his career with Honeywell Federal Systems Division from 1984 until 1986, developing new business opportunities within the Department of Defense. Mr. Roney received a BS/BA in Accounting from American University in 1984 and an MBA from Babson College in 1988.
Roney will report directly to Qingtao Xing, Chief Executive Officer of Shiner.
Shiner's previous CFO, Ms. Xuezhu Xu, will assume the role of corporate controller. Xu joined Shiner's predecessor company, Sino Palace, in April 2004.
The company was founded in 1990 and is headquartered in Haikou China. Approximately 69% of Shiner's current customers are located in China with the remainder spanning Southeast Asia, Europe, the Middle East and North America.