Solo Brands Announces Leadership Additions
05 February 2024 - 10:50PM
Business Wire
- Appoints Laura Coffey to Chief Financial Officer
- Appoints Michael McGoohan to Newly Created Chief Growth Officer
and EVP
Solo Brands, Inc. (NYSE: DTC) (“Solo Brands” or the “Company”)
an omni-channel platform of beloved brands Solo Stove, Chubbies,
Oru Kayak, ISLE, and Icy Breeze, today announced two leadership
appointments: Laura Coffey as Chief Financial Officer and Michael
McGoohan to the newly created position of Chief Growth Officer and
Executive Vice President, effective immediately. Ms. Coffey will
lead the Company’s financial operations and Mr. McGoohan will lead
the Company’s commercial operations and strategic growth
initiatives. Both executives will report to Christopher Metz,
President and Chief Executive Officer of Solo Brands.
“We are thrilled to have Laura and Michael join the Solo Brands
team. Laura brings a wealth of financial experience as well as
in-depth operational expertise to our organization. Mike’s
extensive experience building brands and driving profitable growth
in both wholesale and retail companies makes him a great fit for
Solo Brands,” said Mr. Metz. “We believe that Laura and Mike will
be instrumental in unlocking the value of our brands and executing
the next chapter of our growth.”
“I am excited to join Solo Brands and lead the finance
organization,” said Ms. Coffey. “Solo’s strong brands have
tremendous growth opportunities ahead of them and I look forward to
working with the team to realize the Company’s full potential.”
Ms. Coffey brings over 25 years of retail experience to Solo
Brands. Most recently she served as Executive Vice President and
Chief Financial Officer for The Vitamin Shoppe from 2020 to 2023.
Ms. Coffey’s experience includes 23 years at Pier 1 Imports, where
she served in a number of financial roles of increasing
responsibility, including interim Chief Financial Officer. She also
served as Executive Vice President of Planning & Allocations
and Executive Vice President of E-Commerce and Business
Development. Ms. Coffey began her career at KPMG. Mr. McGoohan has
over 20 years of consumer business leadership experience across
multiple industries. Most recently he served as Chief Marketing
Officer for Central Garden & Pet since 2020 where he led the
global growth agenda, including brand marketing, eCommerce, digital
marketing, innovation, consumer insights, communications, and
strategy. He also served as Chief Marketing Officer at Performance
Health where he spearheaded the brand transformation of Biofreeze.
Mr. McGoohan spent four years at Mondelez International in various
roles of increasing responsibility, including serving as Vice
President Global Head of Strategy, Insights & Analytics. He
also worked as a consultant and project leader for the Boston
Consulting Group specializing in Consumer Goods, Marketing and
Strategy.
“I am grateful for the opportunity to join Solo Brands at such
an important time in its growth,” said Mr. McGoohan. “There is so
much potential in the Company’s brand portfolio and I look forward
to working with the team to drive consistent and profitable top and
bottom-line growth.”
Mr. Metz further noted, “I would like to thank Andrea Tarbox for
serving as the interim CFO during our time of transition. We are
happy to be able to retain her as a resource in addition to her
resuming her role on our Board as the Audit Committee Chair and a
member of our Nominating and Corporate Governance Committee.”
About Solo Brands, Inc.
Solo Brands, headquartered in Grapevine, TX, develops and
produces ingenious lifestyle products that help customers create
lasting memories. Through an omni-channel distribution model that
leverages e-commerce, strategic wholesale relationships and
physical retail stores, Solo Brands offers innovative products to
consumers through five brands – Solo Stove, known for its firepits,
stoves, and accessories, Chubbies, a premium casual apparel and
activewear brand, Oru Kayak, innovator of origami folding kayaks,
ISLE, maker of inflatable and hard paddle boards and accessories,
and Icy Breeze, manufacturer of portable air-conditioning cooler
units.
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version on businesswire.com: https://www.businesswire.com/news/home/20240205536592/en/
Bruce Williams Investors@solobrands.com 332-242-4303
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