Powered Brands Adds Mito Yamada, Former Shiseido Executive, as Chief Operating Officer and Director
01 September 2021 - 6:49AM
Business Wire
Powered Brands (Nasdaq: POW, POWRU, POWRW) (the “Company”)
announces today that Mito Yamada has joined Powered Brands as Chief
Operating Officer and member of its Board of Directors, effective
August 30, 2021. Ms. Yamada will work closely with the Powered
Brands management team to define the Company’s long-term strategy
and lead the execution of its initial business combinations.
Ms.Yamada will report to Powered Brands Chief Executive Officer
Katherine Power.
Ms.Yamada brings over 15 years of experience in the luxury and
consumer products space. She previously served as Vice President,
Global Mergers and Acquisitions at Shiseido, where from 2016 she
worked on various mergers and acquisitions for the brand, including
the acquisition of clean skincare brand Drunk Elephant in 2019.
Ms.Yamada will leverage her experience in mergers and
acquisitions, finance, strategy, and operations to lead Powered
Brands’ efforts in partnering with next-generation, digital-first
beauty, wellness, and personal care brands that are rooted in
social and environmental responsibility.
About Powered Brands
Powered Brands is a blank check company, incorporated as a
Cayman Islands exempted company for the purpose of effecting a
merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses or entities, which we refer to as our initial business
combination. While Powered Brands may pursue an initial business
combination opportunity in any business, industry, sector or
geographical location, it intends to capitalize on the ability of
its management team to identify promising opportunities within
beauty, wellness and consumer-related industries.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
Forward Looking Statements
This press release contains statements that constitute
“forward-looking statements” within the meaning of the federal
securities laws, including with respect to the Company’s search for
an initial business combination. Forward-looking statements are
subject to numerous risks and conditions, many of which are beyond
the control of the Company, including those set forth in the Risk
Factors section of the Company’s periodic filings with the
Securities and Exchange Commission (including but not limited to
the Company’s most recently filed periodic report) and, therefore,
actual results could differ materially from those projected in the
forward-looking 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210831006007/en/
Keleigh Morgan morgan@sunshinesachs.com
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