Funko Appoints Cliff Engle as Senior Vice President of Distribution, Logistics, and Operations

Rhea-AI Summary

Funko (Nasdaq: FNKO) has appointed Cliff Engle as Senior Vice President of Distribution, Logistics, and Operations, effective April 7, 2025. Engle will oversee the company's global distribution and logistics operations, including facilities in Arizona and the UK, focusing on operational excellence and supply chain strategy.

Bringing over 25 years of executive leadership experience in global supply chain and operations, Engle has held senior positions at Amazon, PETsMART, The Home Depot, Scotts MiracleGro, and Fender Musical Instruments. His most recent role was Chief Supply Chain Officer at PrimeSource Building Products.

CEO Cynthia Williams emphasized the timing of Engle's appointment, particularly in addressing shifting supply chain dynamics and tariff impacts. Engle holds a bachelor's degree in Global Business and Finance from Arizona State University and will report directly to Williams as part of Funko's executive leadership team.

Positive

• Strategic hire with 25+ years of executive leadership in global supply chain operations
• Experience with major retailers and e-commerce companies including Amazon
• Appointment addresses critical supply chain and tariff challenges

Negative

• None.

EVERETT, Wash.--(BUSINESS WIRE)-- Funko, Inc. (“Funko,” or the “Company”) (Nasdaq: FNKO), a leading global pop culture lifestyle brand, today announced the appointment of Cliff Engle as Senior Vice President of Distribution, Logistics, and Operations, effective April 7, 2025. In this role, Engle will oversee the Company’s global distribution and logistics operations, which include distribution centers in Arizona and the UK, with a focus on driving operational excellence and advancing Funko’s end-to-end supply chain strategy.

Engle brings more than 25 years of executive leadership in global supply chain and operations across e-commerce, manufacturing, consumer packaged goods, retail, and distribution sectors. He has held senior roles at well-known companies including Amazon, PETsMART, The Home Depot, Scotts MiracleGro, and Fender Musical Instruments. Most recently, he served as Chief Supply Chain Officer at PrimeSource Building Products, a national leader in building and construction solutions.

“As we navigate shifting supply chain dynamics—including the impact of tariffs—Cliff’s leadership could not come at a more critical time,” said Cynthia Williams, Chief Executive Officer at Funko. “Having worked with him previously, I know firsthand that he brings sharp strategic thinking, a collaborative spirit, and a commitment to operational excellence.”

“I’m really excited to be joining the Funko team,” said Engle. “Operations is all about making sure the customer experience lives up to the promise, and no one understands that better than this team. Funko’s fan-first mindset and drive to expand its reach and speed up delivery make this a great time to come on board. I’m looking forward to jumping in and getting started.”

Engle earned a bachelor’s degree in Global Business and Finance from Arizona State University and completed graduate studies at Arizona State and the University of Arkansas. He has also participated in executive education at Babson School of Business and Thunderbird School of Global Management. A former adjunct instructor at the University of Arkansas’ Sam M. Walton College of Business, Engle taught courses in operations and supply chain management.

Engle will report directly to Cynthia Williams, CEO, and will serve as a member of Funko’s executive leadership team.

About Funko

Funko is a leading global pop culture lifestyle brand, with a diverse collection of brands, including Funko, Loungefly, and Mondo, and an industry-leading portfolio of licenses. Funko delivers industry-defining products that span vinyl figures, micro-collectibles, fashion accessories, apparel, plush, action toys, high-end art, music and digital collectibles, many of which are at the forefront of the growing Kidult economy. Through these products, which include the iconic original Pop! line, Bitty Pop!, and Pop! Yourself. Funko inspires fans across the globe to express their passions, build community, and have fun. Founded in 1998 and headquartered in Washington state, Funko has offices, retail locations, operations, and licensed partnerships in major consumer geographies across the globe. Learn more at Funko.com, Loungefly.com, MondoShop.com, and Droppp.io, and follow us on TikTok, X, and Instagram.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding Funko’s retail presence and partnerships. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed under the caption “Risk Factors” in our annual report on Form 10-K for the year ended December 31, 2024 and our other filings with the Securities and Exchange Commission that could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250410874641/en/

Pr@funko.com

Source: Funko, Inc.

FAQ

When will Cliff Engle start his role as SVP at Funko (FNKO)?

Cliff Engle will begin his role as Senior Vice President of Distribution, Logistics, and Operations at Funko on April 7, 2025.

What are the main responsibilities of Funko's (FNKO) new SVP of Distribution?

He will oversee Funko's global distribution and logistics operations, including distribution centers in Arizona and the UK, focusing on operational excellence and supply chain strategy.

How will Cliff Engle's appointment address Funko's (FNKO) supply chain challenges?

Engle's appointment comes at a critical time to help navigate shifting supply chain dynamics and address tariff impacts, leveraging his 25+ years of executive leadership experience.

What major companies has Funko's (FNKO) new SVP previously worked for?

Cliff Engle has held senior roles at Amazon, PETsMART, The Home Depot, Scotts MiracleGro, Fender Musical Instruments, and most recently served as Chief Supply Chain Officer at PrimeSource Building Products.