Group 1 - Crown Crafts, Inc. announced the retirement of Craig J. Demarest as Chief Financial Officer effective June 30, 2025, and the appointment of Claire K. Spencer as the new CFO [1][2] - Olivia Elliott, President and CEO, expressed excitement about Claire K. Spencer joining the company and acknowledged Craig J. Demarest's leadership over the past four years [2] - Claire K. Spencer has a strong background in financial reporting, having served as Director of SEC Reporting for H&E Equipment Services and held various roles at KPMG [3] Group 2 - Crown Crafts, Inc. designs, markets, and distributes a range of infant, toddler, and juvenile consumer products, and is one of America's largest producers in this sector [4] - The company operates through subsidiaries NoJo Baby & Kids, Inc. and Sassy Baby, Inc., marketing products under company-owned trademarks and licensed collections [4]
Crown Crafts Announces CFO Transition