a.k.a. Brands Names Ciaran Long Chief Executive Officer
January 13 2025 - 5:30AM
Business Wire
Kevin Grant to Succeed Mr. Long as Chief
Financial Officer
a.k.a. Brands Holding Corp. (NYSE: AKA), a portfolio of next
generation fashion brands, today announced that Ciaran Long has
been appointed Chief Executive Officer, effective immediately. Mr.
Long has held the joint role of Interim Chief Executive Officer and
Chief Financial Officer since March 2023.
“The Board is thrilled for Ciaran to officially step into the
position of Chief Executive Officer,” said Christopher Dean,
Chairman of the Board of Directors. “Under Ciaran’s leadership,
a.k.a. Brands has achieved significant milestones, including a
return to net sales growth, three consecutive quarters of
double-digit U.S. sales expansion, and a meaningful increase in
adjusted EBITDA year-over-year. Ciaran is a strategic and seasoned
leader who has driven organizational change across the business,
and we’re confident that his robust understanding of the business
and proven track record make him the ideal candidate to lead the
company.”
Mr. Long holds 25 years of financial leadership, strategic
development and management experience. Prior to joining a.k.a.
Brands in 2021, he served as Chief Financial Officer of
Samsclub.com, a multi-billion-dollar omnichannel business and Vice
President of Finance for Membership, Marketing and Supply Chain at
Sam’s Club. Mr. Long has also held leadership positions within
Walmart’s eCommerce division and numerous finance leadership
positions at CBS, CNET Networks and KPMG.
Additionally, a.k.a. Brands has elevated Kevin Grant, who holds
over 20 years of experience in accounting and finance, to the role
of Chief Financial Officer. A senior member of the a.k.a. Brands
finance team in the role of Global Controller since April 2021, Mr.
Grant has been an indispensable asset for the company. Prior to
joining a.k.a. Brands, Mr. Grant spent seven years in senior
finance leadership roles on Walmart’s eCommerce team and eleven
years at Ernst & Young, where he started his career.
In connection with his appointment, Mr. Long said, “As Interim
Chief Executive Officer and Chief Financial Officer, I gained a
unique perspective and even greater appreciation for the hard work
of our global team driving our success. We are still in the early
stages of expanding the four brands in our portfolio across
channels and geographies, and we plan to continue to add more
brands over time. I appreciate the Board’s vote of confidence and
plan to continue doing everything I can to deliver value to our
stakeholders. I am also excited to continue working closely with
Kevin as he takes on the role of Chief Financial Officer, which I
am confident he will excel in.”
Today the company also released preliminary, unaudited financial
results for the fourth quarter and full year 2024, which can be
found on the investor relations website at ir.aka-brands.com.
About a.k.a. Brands
a.k.a. Brands is a portfolio of next-generation fashion brands
for the next generation of consumers. Each brand in the a.k.a.
portfolio targets a distinct Gen Z and millennial audience, creates
authentic and inspiring social content and offers quality exclusive
merchandise. a.k.a. Brands leverages its next-generation retail
platform to help each brand accelerate its growth, scale in new
markets and enhance its profitability. Current brands in the a.k.a.
Brands portfolio include Princess Polly, Culture Kings, mnml and
Petal & Pup.
Forward-Looking Statements
Certain matters within this press release are discussed using
forward-looking language as specified in the Private Securities
Litigation Reform Act of 1995, and, as such, may involve known and
unknown risks, uncertainties and other factors that may cause the
actual results or performance to differ from those projected in the
forward-looking statement. These statements relate to the Company’s
future growth. The forward-looking statements presented herein are
based on the Company's current expectations. For a description of
factors that may cause the Company's actual results or performance
to differ from its forward-looking statements, please review the
information under the heading “Risk Factors” included in the
Company's Annual Report on Form 10-K for the year ended December
31, 2023, and the other documents filed by the Company with the
Securities and Exchange Commission from time to time. The Company
expressly disclaims any obligation or undertaking to update or
revise any forward-looking statement contained herein, to reflect
any change in the Company's expectations with regard thereto, or
any other change in events, conditions or circumstances on which
any such statement is based, except to the extent otherwise
required by applicable law.
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