XpresSpa Group Names Scott R. Milford as President and Chief Executive Officer
January 21 2022 - 09:00AM
XpresSpa Group, Inc. (Nasdaq: XSPA), a travel health and wellness
company, today announced that its Board of Directors has named
current Chief Operating Officer Scott R. Milford to the role of
President and Chief Executive Officer. This appointment is
effective January 19, 2022, and follows the resignation of Doug
Satzman for personal reasons.
Bruce Bernstein, XpresSpa Chairman of the Board,
said, “We are pleased to congratulate Scott on his well-deserved
promotion. Since joining the Company in 2019, Scott has played a
crucial role in our pivot from a stand-alone airport retailer of
spa services to a family of travel health and wellness brands.
Scott was also responsible for the successful deployment of the CDC
biosurveillance program spanning four major US airports and testing
passengers from more then 3,000 flights since launching. We are
highly confident in his ability to lead XpresSpa Group as our new
President and Chief Executive Officer while ensuring business
continuity as we continue building sustainable growth and
profitability over the long-term.”
Mr. Milford is a highly-regarded executive with
over 30 years of experience at high profile and diverse
organizations. He has served on XpresSpa Group’s leadership team
since 2019 as Chief People Officer and was promoted to Chief
Operating Officer in December 2020. Before joining the Company, Mr.
Milford served as VP, People Operations of SoulCycle from January
to July 2019. Prior to that, he served as Chief People Officer for
Bayada, a $1 billion-dollar Home Health Care Company, where he
played a significant role in building the organizational
infrastructure necessary to scale the business from 400 service
offices to 1,000 offices. Previously, Mr. Milford was Senior Vice
President – Human Resources for Le Pain Quotidien. His other
relevant experiences include senior Human Resource leadership
positions at Town Sports International, Starbucks Coffee Company,
Universal Music Group, Viacom, and Blockbuster Entertainment.
Mr. Bernstein continued, “We would also like to
thank Doug for his many contributions to the Company over the past
three years and wish him much success in his future endeavors. Doug
has played an important role in our evolution and growth, including
implementing operational improvements at XpresSpa® pre-pandemic,
pivoting our business successfully to Covid-19 testing through
XpresCheck®, and launching Treat™ as a new travel health and
wellness brand. Thankfully, we have strong and deep bench of
leadership who are working hard every day to execute our vision and
elevate our brands while remaining operationally efficient.”
Mr. Milford added, "I am honored by the Board’s
confidence in me and am delighted to be assuming the role of
President and Chief Executive Officer. I believe my previous
responsibilities at XpresSpa Group along with decades of experience
across several different organizations have prepared me to lead the
Company. I look forward to working closely with the Board and my
fellow team members to enhance shareholder value.”
About XpresSpa Group, Inc.
XpresSpa Group, Inc. (Nasdaq: XSPA) is a leading
global health and wellness holding company operating three distinct
brands: XpresCheck®, XpresSpa® and Treat™. XpresCheck is a leading
on-site airport provider of COVID-19 screening and testing with 14
locations in 12 domestic airports. XpresSpa is a leading airport
retailer of spa services and related health and wellness products,
with 43 locations in 21 airports globally. Treat is a travel health
and wellness brand that is providing on-demand access to healthcare
through technology and personalized services.
To learn more about XpresSpa Group, visit:
www.XpresSpaGroup.com.To learn more about XpresCheck, visit:
www.XpresCheck.com.To learn more about XpresSpa, visit
www.XpresSpa.com.To learn more about Treat, visit:
www.Treat.com.
Twitter: @xprescheck and Instagram: @realxprescheckTwitter:
@XpresSpa and Instagram: @XpresSpaTwitter: @Treat_Care and
Instagram: @treat_care
Forward-Looking Statements
This press release may contain "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 Reports on Form 10-Q and Current Reports on Form 8-K, and
other Securities and Exchange Commission 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 RelationsICRRaphael
Grossir@xpresspagroup.com (203) 682-8253
MediaJulie
FergusonJulie@jfprmedia.com (312) 385-0098
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