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Solo Brands, Inc (NYSE: DTC), a lifestyle brands company and parent organization of the Solo Stove, announced today that the current CFO Sam Simmons will begin transitioning from Solo Brands this year, after about a year and at his post. Mr. Simmons will remain in the CFO role until a successor is named and then support the transition. The Company has initiated a national search for his successor.
CEO John Merris said, “We would like to thank Sam for his dedication and many contributions to our customers, our employees and our shareholders. Sam has been instrumental in helping us accomplish incredible milestones since his arrival at Solo Brands. He has achieved everything we asked of him, including integrating three new acquired brands, strengthening our team, and leading our organization through a successful IPO process during 2021.”
Simmons commented, “I want to thank John, as well as the rest of the executive team, and the many talented team members throughout the company and finance organization. We set out to accomplish the extraordinary and did it even faster and better than expected. I look forward to working with John and the leadership teams to ensure a seamless transition.”
The company plans to report fourth quarter and full year 2021 results in late-March and reaffirms the previous guidance provided in its press release on January 10, 2022 for the fourth quarter and the full year 2021. (Earnings results can be found here)