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Following a Planned Succession Process, Envela Appoints John DeLuca as Chief Financial Officer
Following a Planned Succession Process, Envela Appoints John DeLuca as Chief Financial Officer
Former CFO Remains as Strategic Advisor
DALLAS, TX / ACCESSWIRE / March 21, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that after seven years as the Company's Chief Financial Officer, Bret Pedersen is stepping down. Following a planned succession process, John DeLuca will be appointed as the new CFO, beginning March 25, 2024.
DeLuca currently serves as the company's Vice President of Finance and Commercial Segment Controller. As CFO, he will report directly to Envela's CEO, John Loftus. Pedersen will transition to a new role within Envela, serving as Vice President and Strategic Advisor until the end of 2024.
Loftus said of Pedersen, "Bret has been an exceptional CFO, contributing significantly to Envela's success. His leadership during challenging times, including the pandemic, has been instrumental in maintaining our solid foundation. And during the past year, Bret has diligently prepared DeLuca for his new role."
Reflecting on his tenure, Pedersen said, "serving as Envela's CFO for the past seven years has been an honor. I am especially proud of our achievements during the pandemic. With a strong finance team in place, now is the right time for this transition, and I am confident in DeLuca's leadership going forward."
John DeLuca brings over 20 years of experience in the secondary metal-processing industry, and a comprehensive background in finance, operations, and planning. Before joining Envela last year, DeLuca's career spanned roles in both public and private-equity-backed companies, demonstrating expertise in various areas including P&L management, accounting, and financial planning and analysis.
"John DeLuca is exceptionally qualified to lead our Company's financial operations as we aim for continued growth and profitability. His leadership over the past year has been invaluable, and we anticipate great success with him at the finances helm," stated Loftus.
DeLuca added, "I am honored to serve as Envela's CFO and look forward to driving our finance team toward further achievements. The future is bright for Envela."
About Envela
Envela a leading provider of re-commerce services at the forefront of the circular economy. The company is comprised of primarily two key business segments: Consumer and Commercial. The Consumer segment operates retail stores and online sites that offer premium brands and luxury hard assets, while the Commercial segment provides personalized re-commerce solutions to meet the needs of various clients, including Fortune 500 companies. We execute with passion and meticulous attention to detail, focusing on our strengths, rather than trying to be everything to everyone.
At Envela, we Reuse, Recycle, and Reimagine. To learn more, visit Envela.com and follow our social media channels on Twitter, Instagram, Facebook, and LinkedIn.
Forward-Looking Statements
This press release includes statements that may constitute "forward-looking" statements, including statements regarding the Company's potential future growth, and the success of its financial operations, business lines and strategies, These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, market conditions and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.
Investor Relations Contact:
John Nesbett/ Jennifer Belodeau
ir@envelacorp.com
972-587-4030
SOURCE: Envela Corporation
Former CFO Remains as Strategic Advisor
前首席财务官继续担任战略顾问
DALLAS, TX / ACCESSWIRE / March 21, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that after seven years as the Company's Chief Financial Officer, Bret Pedersen is stepping down. Following a planned succession process, John DeLuca will be appointed as the new CFO, beginning March 25, 2024.
德克萨斯州达拉斯/ACCESSWIRE/2024年3月21日/ Envela Corporation(纽约证券交易所美国股票代码:ELA)(“Envela” 或 “公司”)今天宣布,在担任公司首席财务官七年后,布雷特·佩德森将辞职。根据计划中的继任程序,约翰·德卢卡将从2024年3月25日起被任命为新的首席财务官。
DeLuca currently serves as the company's Vice President of Finance and Commercial Segment Controller. As CFO, he will report directly to Envela's CEO, John Loftus. Pedersen will transition to a new role within Envela, serving as Vice President and Strategic Advisor until the end of 2024.
DeLuca目前担任该公司的财务和商业部门财务副总裁。作为首席财务官,他将直接向Envela的首席执行官约翰·洛夫特斯汇报。佩德森将在Envela转任新职位,在2024年底之前担任副总裁兼战略顾问。
Loftus said of Pedersen, "Bret has been an exceptional CFO, contributing significantly to Envela's success. His leadership during challenging times, including the pandemic, has been instrumental in maintaining our solid foundation. And during the past year, Bret has diligently prepared DeLuca for his new role."
洛夫特斯在谈到佩德森时说:“布雷特是一位出色的首席财务官,为Envela的成功做出了重大贡献。他在包括疫情在内的充满挑战的时期发挥了领导作用,为维护我们的坚实基础发挥了重要作用。在过去的一年中,布雷特努力为德卢卡的新角色做好了准备。”
Reflecting on his tenure, Pedersen said, "serving as Envela's CFO for the past seven years has been an honor. I am especially proud of our achievements during the pandemic. With a strong finance team in place, now is the right time for this transition, and I am confident in DeLuca's leadership going forward."
在回顾自己的任期时,佩德森说:“在过去的七年中担任Envela的首席财务官是一种荣幸。我为我们在疫情期间取得的成就感到特别自豪。有了强大的财务团队,现在是过渡的正确时机,我对德卢卡未来的领导能力充满信心。”
John DeLuca brings over 20 years of experience in the secondary metal-processing industry, and a comprehensive background in finance, operations, and planning. Before joining Envela last year, DeLuca's career spanned roles in both public and private-equity-backed companies, demonstrating expertise in various areas including P&L management, accounting, and financial planning and analysis.
John DeLuca 在二次金属加工行业拥有 20 多年的经验,在财务、运营和规划方面有着全面的背景。在去年加入Envela之前,DeLuca的职业生涯涵盖了在上市和私募股权支持的公司任职,展现了包括损益管理、会计、财务规划和分析在内的各个领域的专业知识。
"John DeLuca is exceptionally qualified to lead our Company's financial operations as we aim for continued growth and profitability. His leadership over the past year has been invaluable, and we anticipate great success with him at the finances helm," stated Loftus.
“约翰·德卢卡非常有资格领导我们公司的财务业务,因为我们的目标是持续增长和盈利。他在过去一年的领导能力非常宝贵,我们预计在他掌管财务的情况下将取得巨大成功。” 洛夫特斯说。
DeLuca added, "I am honored to serve as Envela's CFO and look forward to driving our finance team toward further achievements. The future is bright for Envela."
DeLuca补充说:“我很荣幸担任Envela的首席财务官,并期待推动我们的财务团队取得进一步的成就。对于 Envela 来说,前途一片光明。”
About Envela
关于 Envela
Envela a leading provider of re-commerce services at the forefront of the circular economy. The company is comprised of primarily two key business segments: Consumer and Commercial. The Consumer segment operates retail stores and online sites that offer premium brands and luxury hard assets, while the Commercial segment provides personalized re-commerce solutions to meet the needs of various clients, including Fortune 500 companies. We execute with passion and meticulous attention to detail, focusing on our strengths, rather than trying to be everything to everyone.
Envela 是处于循环经济前沿的领先电子商务服务提供商。该公司主要由两个关键业务部门组成:消费和商业。消费者部门经营零售商店和在线网站,提供优质品牌和奢侈硬资产,而商业部门则提供个性化的电子商务解决方案,以满足包括财富500强公司在内的各种客户的需求。我们满怀激情地执行任务,对细节一丝不苟,专注于自己的优势,而不是试图做到所有人的一切。
At Envela, we Reuse, Recycle, and Reimagine. To learn more, visit Envela.com and follow our social media channels on Twitter, Instagram, Facebook, and LinkedIn.
在Envela,我们重复使用、回收和重新构想。要了解更多信息,请访问Envela.com并在推特、Instagram、脸书和领英上关注我们的社交媒体频道。
Forward-Looking Statements
前瞻性陈述
This press release includes statements that may constitute "forward-looking" statements, including statements regarding the Company's potential future growth, and the success of its financial operations, business lines and strategies, These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, market conditions and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.
本新闻稿包括可能构成 “前瞻性” 陈述的声明,包括有关公司未来潜在增长及其财务运营、业务领域和战略成功的陈述。这些声明是根据1995年《私人证券诉讼改革法》的安全港条款作出的。前瞻性陈述本质上涉及风险和不确定性,可能导致实际结果与前瞻性陈述存在重大差异。可能导致或促成此类差异的因素包括但不限于公司向美国证券交易委员会提交的定期报告中详述的市场状况和其他风险。通过发表这些声明,除非法律要求,否则公司没有义务在本新闻稿发布之日之后更新这些声明以进行修订或更改。
Investor Relations Contact:
投资者关系联系人:
John Nesbett/ Jennifer Belodeau
ir@envelacorp.com
972-587-4030
约翰·内斯贝特/詹妮弗·贝洛多
ir@envelacorp.com
972-587-4030
SOURCE: Envela Corporation
来源:Envela 公司
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