Senior Leadership Appointments - Ian Brown appointed as the new Chief Financial Officer (CFO) of XWELL, succeeding Suzanne Scrabis, effective January 6, 2025 [1] - Peter Vermeulen joins XWELL as the new Head of Human Resources [1][3] - Mike Heronime joins XWELL as the new Marketing Director [1][3] Compensation and Stock Options - Ian Brown granted stock options to purchase up to 37,000 shares of common stock at an exercise price equal to the fair market value on January 6, 2025 [2] - Stock options vest in four quarterly installments of 25% each, contingent on continued employment [2] Leadership Backgrounds - Ian Brown has over 25 years of experience in operational finance, including roles at Accordion, FTI Consulting, Charter Communications, and Insight Communications [5] - Peter Vermeulen brings over 25 years of global HR experience, with senior roles at TeleSign, Amazon, and Johnson & Johnson [6] - Mike Heronime has more than 25 years of strategic marketing experience, including roles at Positive Brand, RKD Group, Tribal DDB, and Bozell [7][8] Company Strategy and Vision - New leadership appointments aim to support XWELL's strategic growth, unify brands, enhance company culture, and improve financial and operational performance [4] - CEO Ezra Ernst emphasizes the importance of these appointments in driving growth and liberating wellness [4] Company Overview - XWELL operates multiple wellness brands including XpresSpa, Treat, Naples Wax Center, XpresCheck, and HyperPointe [9] - XpresCheck conducts biosurveillance monitoring in partnership with the CDC and Ginkgo Biosecurity to identify new SARS-CoV-2 variants and other pathogens [11]
XWELL Announces Senior Leadership Appointments and Changes