SPOKANE,
Wash., March 14, 2022 /PRNewswire/ -- Kaspien
Holdings Inc. (NASDAQ: KSPN) ("Kaspien" or the
"Company"), a leading e-commerce marketplace growth platform,
announced that the Company has promoted senior finance
executive and organizational leader Brock
Kowalchuk to the position of interim Chief Executive
Officer, effective March 11,
2022.
Kowalchuk joined Kaspien in September of 2018 as the Senior Vice
President of Finance before being promoted a year later to Chief
Financial Officer of Kaspien, Inc. Prior to Kaspien, Kowalchuk
spent 7 years at Goldman Sachs in roles of increasing
responsibility.
"I have full faith in Brock's stewardship abilities to lead the
company," said Kaspien Board member and Company Co-Founder
Tom Simpson. "Brock knows Kaspien
and our partners inside and out, and his financial and operational
acumen are unmatched. Over the last four years, he has earned and
maintained the respect from employees throughout the organization.
Brock brings the right combination of vision, pragmatism, and
humanity needed to drive a relationship-centric business such as
ours."
Kowalchuk added: "I'm honored to be entrusted with this
responsibility and believe fully in Kaspien's value to our partners
because of our incredibly talented people. Kaspien has a strong and
proud heritage. We have the right team, tools, and over a decade of
sales data to take the company to the next level. I'm looking
forward to sharing more about our updated strategic focuses in the
near future."
For additional details, please reference the Form 8-K filed with
the U.S. Securities and Exchange Commission on March 11, 2022, which can also be found in the
Investor Relations section of the Company's website.
About Kaspien
Kaspien Holdings Inc. (f/k/a Trans
World Entertainment Corporation) (NASDAQ: KSPN) is a leading-edge
global e-commerce growth platform that helps brands sell more
effectively online. The Company deploys AI-driven software and
end-to-end services to optimize and expand brands' presence on
Amazon, Walmart, Target, eBay, and other online marketplaces.
Rebranded as Kaspien in 2020, the Company has spent more than a
decade developing proprietary technologies for supply chain
resilience, marketing, brand control, and predictive analytics.
Serving thousands of brands, distributors, agencies, and FBA
aggregators, Kaspien accelerates growth by tailoring its extensive
suite of seller services to partners' dynamic e-commerce needs. The
Company has a long track record of success in its mission to become
number one in GMV for marketplace services. Kaspien's mastery of
the e-commerce space and commitment to rapid innovation has earned
the trust of partners such as 3M,
Strider Bikes, and UNFI. For more information, visit
kaspien.com.
Company Contact
Matthew Boardman
B2B Marketing Manager
MatthewB@kaspien.com
Media Contact
Gateway Group
Ryan Deloney
(949) 574-3860
Ryan@gatewayir.com
Investor Relations Contact
Gateway Investor Relations
Matt Glover and Tom Colton
(949) 574-3860
KSPN@gatewayir.com
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SOURCE Kaspien Holdings Inc.