1847 Goedeker Inc. Appoints Sami Bazzi as Head of Human Resources
January 24 2022 - 7:30AM
Business Wire
Latest Hire Brings Two Decades of Human
Resources Leadership Experience at Bed, Bath & Beyond Retailer
Face Values
1847 Goedeker Inc. (NYSE American: GOED) (“Goedeker” or the
“Company”), one of the largest specialty ecommerce players in the
U.S. household appliances market, today announced that it has
appointed Sami Bazzi as Head of Human Resources. Ms. Bazzi will be
responsible for overseeing all employee-facing functions for
Goedeker, including recruiting, developing, and retaining top
talent. Her start date is January 24, 2022.
Albert Fouerti, Chief Executive Officer and Director,
commented:
"Attracting and retaining top talent is a key priority for
Goedeker as we look to expand our fulfillment network and enhance
our customer experience journey. Our people are at the core of
everything we do and will continue to be instrumental in our
success as we strive at becoming the leading ecommerce player in
the U.S. household appliances market. I’m excited to welcome Sami
as our new Head of Human Resources. Her decades of experience
overseeing human resources and employee relations for warehouse,
retail and field associates at a best-in-class retailer will
benefit our teams as we continue to scale and grow.”
Sami Bazzi Biography
Ms. Bazzi is a seasoned Human Resource executive with two
decades of experience overseeing and developing human resources and
employee relations programs. Most recently, Ms. Bazzi was the Human
Resources Director for Face Values, a Bed, Bath & Beyond brand.
In this role, Ms. Bazzi was responsible for devising HR policies
and competitive compensation programs, as well as overseeing 3,000
associates at 60+ retail, corporate and warehouse locations across
the country. Additionally, she supported the company in M&A
transactions including due diligence, integration planning, culture
alignment, divestiture transition services, agreement development
and associate communication.
ABOUT GOEDEKER
Goedeker is a content-driven and technology-enabled shopping
destination for appliances, furniture and home goods. Since its
acquisition of Appliances Connection, Goedeker has evolved into a
growth-oriented ecommerce platform with a distinct offering of
core, premium, luxury and private label brands that can be accessed
through a seamless point-and-click experience. The company's
priorities include offering unmatched selection, high-touch product
expertise and reliable shipping from its expanding, nationwide
fulfillment network. With more than $500 million in projected
annual sales in 2021, Goedeker is one of the fastest-growing
pureplay ecommerce companies in home appliances. Learn more at
www.Goedekers.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements.
Forward-looking statements include, without limitation, any
statement that predicts, forecasts, indicates or implies future
results, performance, liquidity levels or achievements, and may
contain the words “believe,” “anticipate,” “expect,” “estimate,”
“intend,” “project,” “plan,” “will be,” “will likely continue,”
“will likely result” or words or phrases of similar meaning.
Forward-looking statements in this press release are based on
estimates and assumptions made by our management that, although
believed by us to be reasonable, are inherently uncertain.
Forward-looking statements involve risks and uncertainties that may
cause our business, strategy, or actual results to differ
materially from the forward-looking statements. These risks and
uncertainties include those discussed in greater detail in our
filings with the Securities and Exchange Commission. We operate in
a changing environment in which new risks can emerge from time to
time. It is not possible for management to predict all of these
risks, nor can it assess the extent to which any factor, or a
combination of factors, may cause our business, strategy, or actual
results to differ materially from those contained in
forward-looking statements. Factors that may cause these difference
include, among other things: pricing and product cost variability;
volumes of product sold; changes in the prices, supply, and/or
demand for products that we distribute; the cyclical nature of the
industry in which we operate; housing market conditions; the
COVID-19 pandemic and other contagious illness outbreaks and their
potential effects on our industry; effective inventory management
relative to our sales volume or the prices of the products we
produce; information technology security risks and business
interruption risks; increases in petroleum prices; consolidation
among competitors, suppliers, and customers; disintermediation
risk; loss of products or key suppliers and manufacturers; our
dependence on international suppliers and manufacturers for certain
products; business disruptions; exposure to product liability and
other claims and legal proceedings related to our business and the
products we distribute; natural disasters, catastrophes, fire, or
other unexpected events; successful implementation of our strategy;
wage increases or work stoppages by our union employees; costs
imposed by federal, state, local, and other regulations; compliance
costs associated with federal, state, and local environmental
protection laws; our level of indebtedness and our ability to incur
additional debt to fund future needs; the risk that our cash flows
and capital resources may be insufficient to service our existing
or future indebtedness; the covenants of the instruments governing
our indebtedness limiting the discretion of our management in
operating our business; the fact that we lease many of our
distribution centers, and we would still be obligated under these
leases even if we close a leased distribution center; changes in
our product mix; shareholder activism; potential acquisitions and
the integration and completion of such acquisitions; the
possibility that the value of our deferred tax assets could become
impaired; changes in our expected annual effective tax rate could
be volatile; the costs and liabilities related to our participation
in multi-employer pension plans could increase; the possibility
that we could be the subject of securities class action litigation
due to stock price volatility; and changes in, or interpretation
of, accounting principles. Given these risks and uncertainties, we
caution you not to place undue reliance on forward-looking
statements. We expressly disclaim any obligation to update or
revise any forward-looking statement as a result of new
information, future events or otherwise, except as required by
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220124005278/en/
Goedeker Investor Relations Greg Marose / Ashley Areopagita
ir@goedekers.com
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