Party City Appoints Barry Litwin as New President & CEO
Party City Holdco Inc. has appointed Barry Litwin as its new President and CEO. Litwin brings extensive experience in fostering business growth and transformation, with a focus on revenue growth, profit improvement, and operational efficiency. He most recently served as CEO and Board Member of Global Industrial Company (NYSE: GIC), where he achieved market-leading growth in revenue, profit, and share price.
Prior to GIC, Litwin was CEO of Adorama and held senior executive roles at Sears, Office Depot, Avnet, and Fannie May Candies. His appointment is expected to bring fresh perspectives and strengthen Party City's leadership as the company repositions itself for a stronger future in the party goods and supplies industry.
Party City Holdco Inc. ha nominato Barry Litwin come nuovo Presidente e CEO. Litwin porta con sé una vasta esperienza nella promozione della crescita e della trasformazione aziendale, con un focus sulla crescita dei ricavi, il miglioramento dei profitti e l'efficienza operativa. Recentemente ha ricoperto il ruolo di CEO e membro del Consiglio di Amministrazione di Global Industrial Company (NYSE: GIC), dove ha raggiunto una crescita leader di mercato in termini di ricavi, profitti e prezzo delle azioni.
Prima di GIC, Litwin è stato CEO di Adorama e ha ricoperto ruoli dirigenziali presso Sears, Office Depot, Avnet e Fannie May Candies. La sua nomina è prevista per portare nuove prospettive e rafforzare la leadership di Party City mentre l'azienda si riposiziona per un futuro più solido nell'industria dei prodotti e forniture per feste.
Party City Holdco Inc. ha designado a Barry Litwin como su nuevo Presidente y CEO. Litwin aporta una amplia experiencia en el fomento del crecimiento y la transformación empresarial, con un enfoque en el crecimiento de ingresos, la mejora de ganancias y la eficiencia operativa. Recientemente se desempeñó como CEO y miembro de la Junta de Global Industrial Company (NYSE: GIC), donde logró un crecimiento líder en el mercado en ingresos, ganancias y precio de las acciones.
Antes de GIC, Litwin fue CEO de Adorama y ocupó cargos ejecutivos en Sears, Office Depot, Avnet y Fannie May Candies. Se espera que su nombramiento aporte nuevas perspectivas y fortalezca el liderazgo de Party City a medida que la empresa se reposiciona para un futuro más sólido en la industria de productos y suministros para fiestas.
파티 시티 홀드코 Inc.가 배리 리트윈을 새로운 사장 겸 CEO로 임명했습니다. 리트윈은 수익 성장, 이익 개선 및 운영 효율성에 중점을 두고 비즈니스 성장 및 변화를 촉진하는 데 대한 광범위한 경험을 가지고 있습니다. 그는 최근 글로벌 인더스트리얼 컴퍼니(NYSE: GIC)의 CEO이자 이사로 재직하며 수익, 이익 및 주가에서 시장 선도적인 성장을 달성했습니다.
GIC 이전에 리트윈은 아도라마의 CEO로 재직하였고 시어스, 오피스 디포, 아브넷, 파니 메이 캔디스에서 고위 임원 역할을 맡았습니다. 그의 임명은 새로운 관점을 가져오고 파티 시티의 리더십을 강화하여 회사가 파티 상품 및 용품 산업에서 더 강력한 미래를 위해 재편성할 것으로 예상됩니다.
Party City Holdco Inc. a nommé Barry Litwin comme son nouveau Président et CEO. Litwin apporte une vaste expérience dans la promotion de la croissance et de la transformation des entreprises, avec un accent sur la croissance des revenus, l'amélioration des bénéfices et l'efficacité opérationnelle. Il a récemment été PDG et membre du conseil d'administration de Global Industrial Company (NYSE: GIC), où il a obtenu une croissance leader sur le marché en termes de revenus, de bénéfices et de prix des actions.
Avant GIC, Litwin a été PDG d'Adorama et a occupé des postes de direction chez Sears, Office Depot, Avnet et Fannie May Candies. Sa nomination devrait apporter de nouvelles perspectives et renforcer le leadership de Party City alors que l'entreprise se repositionne pour un avenir plus solide dans l'industrie des articles et fournitures de fête.
Party City Holdco Inc. hat Barry Litwin zu seinem neuen Präsidenten und CEO ernannt. Litwin bringt umfangreiche Erfahrungen in der Förderung von Unternehmenswachstum und Transformation mit, wobei der Fokus auf Umsatzwachstum, Gewinnverbesserung und operativer Effizienz liegt. Zuletzt war er CEO und Vorstandsmitglied von Global Industrial Company (NYSE: GIC), wo er ein marktführendes Wachstum bei Umsatz, Gewinn und Aktienkurs erzielte.
Vor seiner Zeit bei GIC war Litwin CEO von Adorama und hatte leitende Funktionen bei Sears, Office Depot, Avnet und Fannie May Candies inne. Seine Ernennung wird voraussichtlich frische Perspektiven bringen und die Führung von Party City stärken, während das Unternehmen sich neu aufstellt, um eine stärkere Zukunft in der Industrie für Partybedarf und -zubehör zu gestalten.
- Appointment of experienced CEO with proven track record in business growth and transformation
- New CEO's expertise in revenue growth, profit improvement, and operational efficiency
- Potential for strengthened financial performance and improved celebration experience for consumers
- None.
"The team and I look forward to welcoming Barry to the Party City family," said Bob Hull, Chairman of the Board at Party City. "We are extremely confident that Barry's expertise in fostering business growth and transformation as well as his people-focused leadership style will bring Party City to the next level."
Barry brings a disciplined model to strategy setting and operational execution that delivers new revenue growth, gross profit improvement, operating expense efficiency. Above all, Barry's passion lies in leading companies and fostering the growth of his team members, with a strong belief that the success of a business is dependent on its people.
Most recently, Barry served as the CEO and Board Member of Global Industrial Company (NYSE: GIC), a distribution leader in industrial products. During his seven-year tenure, Barry guided strategy and execution for all facets of the company, serving 500K customers across manufacturing, transportation, retail, and healthcare. Under his leadership, Global Industrial Company to achieve market-leading revenue, profit, and share price growth.
Prior to his role at GIC, Barry served as the CEO of Adorama, where he orchestrated the turnaround of an iconic omnichannel retailer of professional cameras, photo-finishing services, and consumer electronics. He has also held senior executive roles in retail and distribution with reputable companies such as Sears, Office Depot, Avnet, and Fannie May Candies.
"I am excited to join Party City at a pivotal time as we reposition the business for a stronger future," said Barry. "Party City is a leader in party goods and supplies, and I see many opportunities to strengthen our financial performance and build a leading end-to-end celebration experience for consumers. I look forward to working closely with our team members, the leadership team, and the Board of Directors to create value for all our stakeholders."
About Party City Holdco Inc.
Party City Holdco Inc. (PCHI) is a global leader in the celebrations industry, with its offerings spanning more than 70 countries around the world. Party City is the largest retailer of party goods in
PCHI operates across multiple businesses within its Retail Division and Consumer Products Division. On the retail side, Party City (partycity.com) is the leading omnichannel retailer in the celebrations category, operating more than 750 company-owned and franchise stores. The Consumer Products Division includes design and manufacturing entity Amscan, an industry leader in celebration décor, tableware, costumes, and accessories.
PCHI is headquartered in
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SOURCE Party City Holdings Inc.
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