XpresSpa Announces Additional Organizational Changes
June 22 2018 - 4:15PM
XpresSpa Group, Inc. (Nasdaq:XSPA), a health and wellness holding
company, today announced that Anastasia Nyrkovskaya, Chief
Financial Officer, has resigned from the company to pursue other
opportunities. The Company has begun a search for a new lead
financial executive. The Company also named Janine Canale,
Controller, to the additional post of Principal Accounting Officer.
Over the next four months, ending October 15, 2018, Ms. Nyrkovskaya
will work with the Company to help facilitate a smooth transition.
Additionally, Jason Charkow, Senior Vice
President of Legal and Business Affairs, has left the company
effective May 23, 2018. Jonathan Kraft, currently XpresSpa Counsel,
has been named General Counsel.
Ed Jankowski, XpresSpa Group CEO, stated, “As
part of our focus on wellness, we have flattened our corporate
structure and are further right-sizing the organization for
incremental expense savings and avoidance this year. We are looking
within the health and wellness sector to find the right person to
lead our financial organization. Janine Canale and Jonathan Kraft
are highly capable financial and legal executives, respectively,
and we thank them for stepping into these new
roles.”
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 31, 2018), and 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, Netherlands, 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. Forward-Looking
Statements
This press release contains "forward-looking"
statements within the meaning of Section 27A of the Securities Act
of 1933, and Section 21E of the Securities Exchange Act of 1934.
These include statements preceded by, followed by or that otherwise
include the words "believes," "expects," "anticipates,"
"estimates," "projects," "intends," "should," "seeks," "future,"
"continue," or the negative of such terms, or other comparable
terminology. Forward-looking statements relating to expectations
about future results or events are based upon information available
to XpresSpa Group as of today's date, and are not guarantees of the
future performance of the company, and actual results may vary
materially from the results and expectations discussed. Additional
information concerning these and other risks is contained in
XpresSpa Group’s most recently filed Annual Report on Form 10-K,
Quarterly Report on Form 10-Q, recent Current Reports on Form 8-K
and other SEC filings. All subsequent written and oral
forward-looking statements concerning XpresSpa Group, or other
matters and attributable to XpresSpa Group or any person acting on
its behalf are expressly qualified in their entirety by the
cautionary statements above. XpresSpa Group does not undertake any
obligation to publicly update any of these forward-looking
statements to reflect events or circumstances that may arise after
the date hereof.
Investor Contacts
LHA Jody Burfening/Carolyn Capaccio
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