SUMR Brands Announces Appointment of Interim CEO
December 10 2019 - 4:15PM
SUMR Brands ("SUMR Brands" or the "Company") (NASDAQ: SUMR), a
global leader in premium infant and juvenile products, today
announced that Stuart Noyes has been appointed as Interim Chief
Executive Officer, effective December 16, 2019. Mr. Noyes is
currently a managing partner and co-founder of Winter Harbor, LLC,
a consulting firm specializing in turnaround and restructuring
services. He has more than 25 years of experience in executive and
general management, operations, procurement, creditor negotiations,
and finance, providing strategic and tactical turnaround solutions
to a variety of clients.
“We are very pleased to announce that Stuart
Noyes has joined SUMR Brands as interim CEO,” said Robin Marino,
Chairwoman. “His broad experience across a number of industries and
disciplines – combined with his expertise in restructuring
operations – make him a good fit for the Company as we look to
maximize shareholder value heading into 2020. He is a skilled
business tactician dedicated to analyzing SUMR’s innovative
offerings to determine what decisions are best aligned with the
future of our organization, its products, customers, and investors.
We, the board, will work hand-in-hand with him as he takes over the
reins and, concurrently, thank our departing CEO, Mark Messner, for
his many years of service to the Company.”
About SUMR Brands, Inc.
Based in Woonsocket, Rhode Island, the Company
is a global leader of premium juvenile brands driven by a
commitment to people, products, and purpose. The Company is made up
of a diverse group of experts with a passion to make family life
better by selling proprietary, innovative products across several
core categories. For more information about the Company, please
visit www.sumrbrands.com.
Company Contact:Chris WittyInvestor
Relations646-438-9385cwitty@darrowir.com
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