XpresSpa Group President Ed Jankowski to replace Andrew Perlman as CEO
April 19 2018 - 4:01PM
XpresSpa Group, Inc. (Nasdaq:XSPA), a health and wellness holding
company, today announced a series of executive changes as part of
its strategic transformation into a pure-play health and wellness
services company. XpresSpa’s Board of Directors (the “Board”) has
appointed Ed Jankowski as Chief Executive Officer, effective
immediately. Mr. Jankowski, has been involved with the company
since 2014 first as a board member and then as part of management,
replaces Andrew Perlman who has decided to pursue other
opportunities.
Bruce Bernstein, Chairman of the Board, stated,
“As we have evolved from a holding company tasked with acquiring
and maintaining a diversified portfolio of growth companies to a
pure-play health and wellness services company this change reflects
an appropriate emphasis on operating experience as well as our
commitment to right size our corporate structure and costs.
“On behalf of the Board, I look forward to
working alongside Ed, a proven leader who brings more than 30 years
of retail experience and intimate familiarity with XpresSpa and the
market opportunities ahead of it.”
Commenting on his appointment, Mr. Jankowski
said, “I am incredibly excited about our position in the currently
underserved health and wellness market. Demand for our XpresSpa
concepts continues to be robust, and we are creating amazing
experiences for our customers through innovative products and
services that are expanding beyond massage. With our franchising
strategy in motion, divestitures of non-core assets complete, and
our attention dedicated solely to on-the-go wellness, I feel
confident about our long-term potential to drive growth and
shareholder value.”
Mr. Jankowski has served as XpresSpa Group’s
President since January 2017 and as XpresSpa’s Chief Executive
Officer since June 2016, prior to its acquisition by FORM Holdings
Corp. From 2012 to 2016, Mr. Jankowski was the Vice President and
General Manager of Luxury Retail at Luxottica, where he oversaw the
Ilori and Optical Shop of Aspen and Persol retail stores.
Previously, Mr. Jankowski was Senior Vice President and General
Manager for Godiva Chocolatier, Chief Operating Officer of Safilo
Group’s Solstice sunglasses stores, and President of Airport Shops
Division of World Duty Free Americas, a division of B.A.A.
Mr. Jankowski currently serves on the Board of
Directors of the Accessories Council on the Foundation Board of
Directors for LIM College. Mr. Jankowski received his B.Sc. in
management and commerce marketing from Rider University.
About XpresSpa Group, Inc.
XpresSpa Group, Inc. (Nasdaq:XSPA) is a health
and wellness holding company. XpresSpa Group’s core asset,
XpresSpa, is the world’s largest airport spa company, with 57
locations in 23 airports globally (as of March 29, 2018), including
one off-airport spa at Westfield World Trade Center in New York
City. XpresSpa offers services that are tailored specifically to
the busy customer. XpresSpa is committed to providing exceptional
customer experiences with its innovative premium spa services, as
well as exclusive luxury travel products and accessories. XpresSpa
serves almost one million customers per year at its locations in
the United States, Holland, and the United Arab Emirates. XpresSpa
Group’s non-core assets include Infomedia and intellectual property
assets. To learn more about XpresSpa Group, visit:
www.XpresSpaGroup.com. To learn more about XpresSpa, visit
www.XpresSpa.com.
Investor
ContactsLHA Jody Burfening/Carolyn
Capaccio LHA 212.838.3777 xspa@lhai.com
XpresSpa (NASDAQ:XSPA)
Historical Stock Chart
From Mar 2024 to Apr 2024
XpresSpa (NASDAQ:XSPA)
Historical Stock Chart
From Apr 2023 to Apr 2024