Stran & Company Appoints Experienced Information Technology Strategist, David Leuci, as Chief Information Officer
September 19 2023 - 8:00AM
Stran & Company, Inc. (“Stran” or the
“Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced
marketing solutions provider that leverages its promotional
products and loyalty incentive expertise, today announced that it
has appointed David Leuci, an experienced information technology
(IT) executive, as Chief Information Officer. Mr. Leuci will play a
key role in enhancing Stran’s overall technology strategy,
execution and leadership.
Andy Shape, Chief Executive Officer of Stran,
commented, “We are excited to have David join our executive team.
Given his extensive experience in the implementation of technology
differentiators, both internal and customer-facing, we believe
David will add significant value to our team. Stran is actively
working to fully implement NetSuite into our operations along with
other e-commerce initiatives using Adobe’s e-commerce platform,
Magento Open Source. David brings the first-hand experience and a
deep skillset utilizing both of these platforms that will allow us
to maximize our technology investments and improve the overall
efficiency of our business. Additionally, David supported the
growth of his previous company from $20 million to over $400
million in annual revenue by implementing NetSuite and other
innovative technologies.”
Mr. Leuci brings over 25 years of IT leadership
experience within the software, e-commerce, consumer goods, asset
management, fitness and healthcare industries. Most recently, Mr.
Leuci served as Chief Digital Information Officer at The Energy
Federation Inc., an industry leader in delivering energy efficiency
solutions. Within this role, he led the company’s digital
transformation efforts by building and executing internal
technology strategies focused on innovation. Prior to The Energy
Federation, Mr. Leuci was Senior Vice President and Chief
Information Officer/Chief Technology Officer at Unidine
Corporation, a food and dining management services company serving
senior living facilities, community hospitals, behavioral health
clients and corporate clients across the United States. During his
time at Unidine, Mr. Leuci delivered an IT strategy that supported
Unidine’s global growth vision. Specifically, Mr. Leuci developed
and executed global business system strategies, introduced process
frameworks, consolidated transactional systems, supported
innovation, drove digitalization and allocated resources to meet
evolving business challenges.
Mr. Leuci has also held management and
director-level positions at IBM, Millennium Partners Sports Club
Management LLC, and MRO Software Inc. Within these past executive
roles, Mr. Leuci was responsible for executing strategic technology
initiatives to improve operational efficiency, effect cost savings
and increase market competitiveness. By integrating technology
investments and resources into their operations, Mr. Leuci
engineered productivity and profit-maximizing initiatives for
industry-leading companies. Mr. Leuci holds a bachelor’s degree
from Salem State University.
About Stran
Over the past 27 years, Stran has grown to
become a leader in the promotional products industry, specializing
in complex marketing programs to help recognize the value of
promotional products, branded merchandise, and loyalty incentive
programs as a tool to drive awareness, build brands and impact
sales. Stran is the chosen promotional programs manager of many
Fortune 500 companies, across a variety of industries, to execute
their promotional marketing, loyalty and incentive, sponsorship
activation, recruitment, retention, and wellness campaigns. Stran
provides world-class customer service and utilizes cutting-edge
technology, including efficient ordering and logistics technology
to provide order processing, warehousing and fulfillment functions.
The Company’s mission is to develop long-term relationships with
its clients, enabling them to connect with both their customers and
employees in order to build lasting brand loyalty. Additional
information about the Company is available at: www.stran.com.
Forward Looking Statements
This press release contains “forward-looking
statements” that are subject to substantial risks and
uncertainties. All statements, other than statements of historical
fact, contained in this press release are forward-looking
statements. Forward-looking statements contained in this press
release may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“target,” “aim,” “should,” "will” “would,” or the negative of these
words or other similar expressions, although not all
forward-looking statements contain these words. Forward-looking
statements are based on the Company’s current expectations and are
subject to inherent uncertainties, risks and assumptions that are
difficult to predict. Further, certain forward-looking statements
are based on assumptions as to future events that may not prove to
be accurate. These and other risks and uncertainties are described
more fully in the section titled “Risk Factors” in the Company’s
periodic reports which are filed with the Securities and Exchange
Commission. Forward-looking statements contained in this
announcement are made as of this date, and the Company undertakes
no duty to update such information except as required under
applicable law.
Contacts:
Investor Relations ContactCrescendo
Communications, LLCTel: (212) 671-1021SWAG@crescendo-ir.com
Press ContactHowie Turkenkopf
press@stran.com
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