Fla., July 19, 2022 /PRNewswire/ -- Lazydays
Holdings Inc. (NasdaqCM: LAZY), has appointed John North as Chief Executive Officer and a
member of the Board of Directors, effective September 6, 2022.
"It is an honor to welcome John
North to Lazydays," said Chris
Shackelton, Chairman of the Board. "John is an accomplished
executive with an admirable track record of driving success across
multiple companies. We could not be more excited about the
combination of John's operational strengths, paired with a
disciplined growth orientation. John brings a deep
understanding for building durable scale in multi-unit, high ASP
dealership models, with superb judgement in allocating capital
through business cycles. This combination is highly relevant
for Lazydays, as the Company assesses a widening range of
compelling investment opportunities to drive shareholder value.
Furthermore, as a leader of large public companies, John has a
stellar reputation and history of developing strong relationships
with investors and capital sources. Importantly, John is a
collaborative leader whose skillset will complement and amplify the
talented Lazydays team."
"Lazydays has built one of the most respected businesses in the
RV industry," said John North. "It
is a privilege to join the Company at such a pivotal moment. The
Lazydays foundation is solid, and well-positioned for a long runway
of shareholder value creation. With a healthy balance sheet, strong
brand, loyal customer base, and fantastic team, I am excited to
help lead the Company to an even brighter future. I look forward to
working with my new colleagues and the Board to ensure the business
reaches its full potential."
Chris Shackelton adds, "Lastly,
on behalf of the Board and our shareholders, I would like to extend
our sincere gratitude to Robert
DeVincenzi for his leadership as Interim CEO. Effective with
the appointment of John, Robert will return to our board serving as
a non-executive director".
John most recently served as Chief Financial Officer of Copart,
Inc. (Nasdaq:CPRT), a member of the S&P 500 and a leading
provider of online auctions and vehicle remarketing services.
Previously, he served as the Chief Financial Officer of Avis Budget
Group, Inc., a global leader in car and truck rental and on-demand
car sharing. Before joining Avis Budget Group, he spent 17 years in
leadership roles with Lithia Motors, Inc., one of the largest
automotive retailers in the United
States, including as Chief Financial Officer and Chief
Accounting Officer. John earned his B.S. in Finance from
Santa Clara University and is a
Certified Public Accountant and a CFA Charterholder.
ABOUT LAZYDAYS RV
As an iconic brand in the RV industry, Lazydays, The RV
Authority, consistently provides the best RV sales, service, and
ownership experience, which is why RVers and their families become
Customers for Life. Lazydays continues to add locations at a
rapid pace as it executes its geographic expansion strategy that
includes both acquisitions and greenfields.
Since 1976, Lazydays RV has built a reputation for providing an
outstanding customer experience with exceptional service excellence
and unparalleled product expertise, along with being a preferred
place to rest and recharge with other RVers. By offering the
largest selection of RV brands from the nation's leading
manufacturers, state-of-the-art service facilities, and thousands
of accessories and hard-to-find parts, Lazydays RV provides
everything RVers need and want.
Lazydays Holdings, Inc. is a publicly listed company on the
Nasdaq stock exchange under the ticker "LAZY."
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact are, or may
be deemed to be, forward-looking statements. Forward-looking
statements describe Lazydays future plans, projections, strategies
and expectations, including statements regarding Lazydays'
expectations for future operating results, its expectations
regarding the impact of its recently acquired dealerships in
Maryville, Tennessee, Portland, Oregon, Vancouver, Washington, and Milwaukee, Wisconsin; and its greenfield
start-ups in Monticello,
Minnesota, Fort Pierce,
Florida, near Omaha,
Nebraska, Wilmington, Ohio,
Surprise, Arizona; and its
recently announced intent to acquire Dave's Claremore RV; and three
dedicated Airstream locations in Ramsey,
Minnesota and Knoxville and
Nashville, Tennessee; and are
based on assumptions and involve a number of risks and
uncertainties, many of which are beyond the control of Lazydays.
Actual results could differ materially from those projected due to
various factors, including the impact of the conflict between
Russia and Ukraine, including from current and future
sanctions imposed by governments or other authorities, including
economic conditions generally (including increasing fuel costs),
conditions in the credit markets and changes in interest rates,
conditions in the capital markets, the continuing impact of the
coronavirus pandemic (COVID-19) and other factors described from
time to time in Lazydays' SEC reports and filings, which are
available at www.sec.gov and other factors that Lazydays may not
have currently identified or quantified. Forward-looking statements
contained in this news release speak only as of the date of this
news release, and Lazydays undertakes no obligation to update these
forward-looking statements to reflect subsequent events or
circumstances, unless otherwise required by law.
+1 (813) 204-4099
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SOURCE Lazydays Holdings, Inc.