JOANN Announces Industry Veteran as Executive Chairman of the Board

Company Overview - JOANN is a leading company in the fabric and sewing industry with over 800 store locations across 49 states and a strong e-commerce platform [7] - The company has a history of more than 80 years, focusing on inspiring creativity among its customers [7] Leadership Change - Stan Rosenzweig has been appointed as the Executive Chairman of the Board, effective August 5, 2024 [1] - Rosenzweig brings over thirty years of experience in consumer-related businesses and has previously served as Executive Chairman of SVP Worldwide, the parent company of several sewing machine brands [1][5] Strategic Vision - Rosenzweig expressed excitement about leading JOANN, highlighting the company's unique position to drive the craft industry forward [2] - The company aims to leverage its 17,000 team members, extensive store network, and online platform to redefine crafting in America [2] Board Composition - The current Board of Directors includes members such as Mary Campbell, Joe Hartsig, Michelle Israel, and Bill Wall, with Darrell Horn resigning as Interim Chairman effective August 5 [3]