Mombacho Cigars S.A. of Nicaragua’s founder Cameron Heaps has announced that Jared Michaeli Ingrisano has been named the company’s new president.
Michaeli has been with the company since October 2020 after working in the premium tobacco industry for eight years, including sales and brand management roles with Drew Estate and Debonaire Tobaco Company, and as president of Tobacco Tours, a company offering experiential trips to Cuba.
In January 2021, he was named as the company’s director of global sales, a position that saw him relocate to Granada, Nicaragua, where Mombacho Cigars S.A. of Nicaragua’s factory, Casa Favilli, is located.
“I have all the confidence that Jared and his new management team will create the next 15 years of beauty,” said Heaps in a press release, referencing the company’s recent 15th anniversary and changes to its management structure and product lines. In addition, the company has also focused on restructuring its U.S. operations, including announcing in December 2021 that it would be selling its cigars in the U.S. under the brand name Favilli S.A. The company had faced trademark challenges over the Mombacho name in the U.S., as the rights to the name are owned by AGANORSA Leaf. Sources have told halfwheel that the matter has been resolved, though neither side has issued a statement or official comment on the matter yet.
“I cannot thank Cam enough, not just the opportunity but the trust and mentorship he has given me since October of 2020,” Michaeli said via a press release. “Permanently moving to Granada to take on directorship was a truly special experience. Amongst the many changes and transitions of 2021 came the correct team with the correct ethic. From that, the beauty behind our embarking toward the next 15 years will be graciously displayed.”
He added that 2022 will be the year when the Mombacho Cigars S.A. of Nicaragua team will finally “bring to life the company’s unique look, feel and operation, a culmination of a marathon year of restructure mixed with 15 years of history.”
Image courtesy of Mombacho Cigars S.A. of Nicaragua.