Rich Paul Joins Funko Board of Directors
May 18 2022 - 8:30AM
Business Wire
Mr. Paul, CEO and Founder of KLUTCH Sports
Group, also serves on United Talent Agency’s and Coliseum
Acquisition Corporation’s Board of Directors
Funko, Inc. (“Funko”) (Nasdaq: FNKO), a leading pop culture
lifestyle brand, today announced the appointment of Rich Paul to
the company’s Board of Directors, effective upon the closing of the
pending sale of Funko stock by ACON Investments to The Chernin
Group.
“We’re thrilled to have Rich join our Board of Directors at such
a pivotal time for the company,” said Andrew Perlmutter, Chief
Executive Officer at Funko. “Rich is a preeminent sports agent and
leading business professional who brings a wealth of experience in
sports and music that we believe will greatly benefit our fan
community and licensing team.”
“The deep connection Funko has cultivated with its fan and
collector community is a key differentiator in today’s crowded
field of licensed merchandise,” said Mr. Paul. “Funko’s product
assortment and approach to pop culture reflects the diversity of
its fanbase and I couldn’t be more excited to join the team.”
The Company continues to invest in growing its sports and music
line of collectibles. Last year, Funko unveiled GOLD™, a line
dedicated to spotlighting iconic music and sports luminaries. The
Company also transformed an area of its Funko Hollywood store into
a mecca of Funko GOLD™, featuring life-size statues and a
larger-than-life throne to create the perfect photo opportunity.
Fans can shop for 5-inch or 12-inch vinyl figurines of athletes
from the NFL and NBA on Funko.com.
In addition to Funko, Inc., Paul also serves on the boards of
KLUTCH Sports Group, United Talent Agency and Coliseum Acquisition
Corporation.
About Rich Paul
Rich Paul is the CEO and founder of KLUTCH Sports Group, the
powerhouse sports agency representing some of the biggest athletes
across major professional sports. Paul founded KLUTCH in 2012 in
his hometown of Cleveland, Ohio where he forged a unique and
personal approach to representing some of the top NBA talent –
putting athletes first and empowering them to build careers and
brands on and off the court. In 2019, KLUTCH partnered with United
Talent Agency (UTA). Paul serves as UTA’s Head of Sports and is an
agency partner, and was appointed to UTA’s Board of Directors in
2020. Paul continues to be one of the most prominent and innovative
agents in the space and in 2019, was named GQ’s “Power Broker of
the Year” and “The King Maker” on the cover of Sports Illustrated.
Variety recently named Paul to their “Variety500” list of the most
influential business leaders shaping the global media industry and
in April, TIME recognized KLUTCH on its first-ever list of TIME100
Most Influential Companies. Paul is also credited with driving the
reversal of the so-called “Rich Paul Rule,” which would have banned
agents without a college degree from representing NCAA
student-athletes.
About Funko
Headquartered in Everett, Washington, Funko is a leading pop
culture lifestyle brand. Funko designs, sources and distributes
licensed pop culture products across multiple categories, including
vinyl figures, action toys, plush, apparel, housewares and
accessories for consumers who seek tangible ways to connect with
their favorite pop culture brands and characters. Learn more at
www.funko.com, and follow us on Twitter (@OriginalFunko) and
Instagram (@OriginalFunko).
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Media inquiries: Jessica Piha-Grafstein jessicap@funko.com
Funko Investor inquiries: InvestorRelations@Funko.com
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