LEHI, Utah, Nov. 30, 2020 /PRNewswire/ -- Purple
Innovation, Inc. (NASDAQ: PRPL) ("the Company"), the leader in
comfort innovation and the creator of the renowned Purple®
Mattress, announced today that the Board of Directors appointed
Dawn Zier to the board and
Paul Zepf was elevated to Chairman
at its board meeting held on November 24,
2020. Both appointments filled vacated positions created by
the retirement of Terry and Tony
Pearce in August 2020.
"We are excited about the addition of Dawn Zier to Purple's Board of Directors as the
Company seeks to continue its accelerated growth trajectory in 2021
and beyond," said Lead Independent Director Gary DiCamillo.
Purple Innovation CEO Joe Megibow
added: "Dawn's demonstrated experience in digital marketing and
business transformation will be a valuable asset as Purple
continues to take market share in the direct to consumer sleep
market. Further, as Purple broadens its horizons in international
and new comfort technology markets, she will add strong relevant
insights into new growth markets and categories."
Dawn Zier is the principal of
Aurora Business Consulting, LLC and advises companies on business
transformation, digital marketing and high-performance teams. Ms.
Zier served as President and CEO of Nutrisystem, a leading provider
of health improvement and weight loss solutions, from 2012 until
March of 2019, when it was sold to Tivity Health. She assisted in
the transition to Tivity as President/COO and Board Member until
December 2019. Previously, Ms. Zier
served in a variety of positions at Readers Digest Association,
including President of International, President of Europe and President of Global Marketing. She
currently serves on the board of directors of Hain Celestial Group,
Spirit Airlines and Prestige Consumer Healthcare. Ms. Zier holds an
MS in Electrical Engineering and Computer Science, as well as an
MBA from the Massachusetts Institute of
Technology (MIT).
Paul Zepf has been a director of
Purple Innovation since August 2020
and previously acted as an advisor to the Company and a Board
observer. Mr. Zepf previously was CEO of Global Partner Acquisition
Corp., the predecessor to the Company, from its formation in
June 2015 until February 2018. Previously Mr. Zepf was Managing
Director and Head of Strategic Initiatives at Golub Capital
(February 2014 to June 2015) and was Managing Principal of
Corporate Partners II, a Lazard sponsored private equity fund from
March 2005 until February 2014. Mr. Zepf has been a board member
of Ironshore Ltd., a property casualty insurance company, and has
served as a director of BIH Holdings. He has a BA, with highest
honors, from the University of Notre
Dame.
About Purple
Purple is a digitally-native vertical brand with a mission
to help people feel and live better through innovative comfort
solutions. We design and manufacture a variety of innovative,
premium, branded comfort products, including mattresses, pillows,
cushions, frames, sheets and more. Our products are the result of
over 25 years of innovation and investment in proprietary and
patented comfort technologies and the development of our own
manufacturing processes. Our proprietary gel technology,
Hyper-Elastic Polymer®, underpins many of our comfort products and
provides a range of benefits that differentiate our offerings from
other competitors' products. We market and sell our products
through our direct-to-consumer online channels, traditional retail
partners, third-party online retailers and our owned retail
showrooms. For more information on Purple,
visit purple.com.
Investor Contact:
Brendon
Frey, ICR
brendon.frey@icrinc.com
203-682-8200
Purple Innovation, Inc.
Misty Bond
Director of Purple Communications
misty.b@purple.com
385-498-1851
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SOURCE Purple Innovation, Inc.