VANCOUVER, BC, Dec. 31, 2021 /CNW/ - BuildDirect.com
Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"),
announces that the Board of Directors has appointed Mr.
David Lazar to the role of interim
Chief Executive Officer ("CEO") effective January 1, 2022. The appointment of Mr. Lazar
remains subject to receipt of all required regulatory approvals,
including the approval of the TSX Venture Exchange.
Mr. Lazar has deep digital and traditional experience building
scale and driving transformation within eCommerce, subscription,
and retail companies. Most recently David held the role of CEO at
Bailey 44, a premium apparel company where he helped rebuild the
brand, executive team, and business strategy to position the
company for growth, enabling its successful sale to Digital Brands
Group in February 2020. David has
also held a range of CEO and senior executive roles with
organizations including Wantable Inc., Joyus Inc., Stitch Fix,
Twenty Tees, in addition to advising Facebook on its retail
strategy (FB Shops).
"I am thrilled to take on the interim role of CEO at this
pivotal time for BuildDirect as we focus on our mission of
transforming the home improvement space," said David Lazar, Interim CEO. "I look forward to
working with the entire BuildDirect team to execute on the
initiatives that will lead our company during this next phase in
our growth story."
About BuildDirect
BuildDirect (TSXV: BILD) is an
innovative technology platform for purchasing and selling building
materials online. The BuildDirect platform connects homeowners and
home improvement professionals in North
America with suppliers and sellers of quality building
materials from around the world, including flooring, tile, decking
and more. BuildDirect's growth, proprietary heavyweight delivery
network, and digital reach have served to solidify its role as a
ground-breaking player in the home improvement industry. For more
information, visit www.BuildDirect.com.
Neither the TSX Venture Exchange (TSXV) nor its regulation
services provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this
release.
Forward-Looking Information
This press release
contains statements which constitute "forward-looking statements"
and "forward-looking information" within the meaning of applicable
securities laws (collectively, "forward-looking statements"),
including statements regarding the plans, intentions, beliefs and
current expectations of the Company with respect to future business
activities and operating performance. Forward-looking statements
are often identified by the words "may", "would", "could",
"should", "will", "intend", "plan", "anticipate", "believe",
"estimate", "expect" or similar expressions. These statements
reflect management's current beliefs and expectations and are based
on information currently available to management as at the date
hereof.
Forward-looking statements in this press release may include,
without limitation, statements relating to BuildDirect's
transformation of the home improvement space, its innovative
technology platform and the experience of its interim-CEO within
eCommerce, subscription, and retail companies.
Forward-looking statements involve significant risk,
uncertainties and assumptions. Many factors could cause actual
results, performance or achievements to differ materially from the
results discussed or implied in the forward-looking statements.
Among those factors are changes in consumer spending, availability
of mortgage financing and consumer credit, changes in the housing
market, changes in trade policies, tariffs or other applicable laws
and regulations both locally and in foreign jurisdictions,
availability and cost of goods from suppliers, fuel prices and
other energy costs, interest rate and currency fluctuations,
retention of key personnel and changes in general economic,
business and political conditions. These forward-looking statements
may be affected by risks and uncertainties in the business of the
Company and general market conditions, including COVID-19.
Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking statements
prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, believed,
estimated or expected. These factors should be considered carefully
and readers should not place undue reliance on the forward-looking
statements.
Although the forward-looking statements contained in this press
release reflect the Company's expectations, estimates or
projections concerning future results or events based on the
opinions, assumptions and estimates of management considered
reasonable at the date the statements are made, the Company cannot
assure readers that actual results will be consistent with these
forward-looking statements. There may be other risks, uncertainties
and factors that cause results not to be as anticipated, estimated
or intended and such changes could be material. These
forward-looking statements are made as of the date of this press
release, and BuildDirect assumes no obligation to update or revise
them to reflect new events or circumstances, except as required by
law.
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SOURCE BuildDirect.com Technologies Inc.