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1847 Goedeker Inc. Appoints Mike Barry as Director of Home Delivery

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1847 Goedeker Inc. has announced the appointment of Mike Barry as Director of Home Delivery, effective December 15, 2021. With over two decades of expertise in logistics and delivery, Barry will enhance the company’s operations during a time of global supply chain challenges. CEO Fouerti emphasized the importance of improving product delivery and expanding the distribution network. This strategic hire aims to strengthen Goedeker’s market position as a leading ecommerce player in household appliances.

Positive
  • Mike Barry's extensive logistics experience may enhance Goedeker's delivery operations.
  • The appointment aligns with Goedeker's commitment to improving product delivery and expanding distribution.
Negative
  • There may be concerns about continuity and experience gaps within the leadership team during this transition.

Mr. Barry Brings More Than Two Decades of Delivery and Logistics Experience, With Deep Specialization in the Last Mile of the Shipping Journey

Latest New Hire Reaffirms Company’s Commitment to Accelerating Ecommerce Growth and Improving Product Delivery

ST. CHARLES, Mo.--(BUSINESS WIRE)-- 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 Mike Barry as Director of Home Delivery. Mr. Barry will be responsible for leading the Company’s robust product delivery operations and logistics. His start date is December 15, 2021.

Mr. Fouerti commented:

“As we head into 2022, expanding our distribution network and enhancing product delivery remain top priorities. Mike brings with him decades of experience in building and managing best-in-class supply chain, transportation and distribution operations. His deep knowledge of supply chain and logistics as well as his experience with the last mile delivery process will make him an asset to the growing Goedeker leadership team, especially at a time when retailers and manufacturers around the globe are experiencing supply chain pressures. I am proud to welcome Mike and look forward to working closely with him as he works to optimize Goedeker’s product delivery operations.”

Mike Barry Biography

Mr. Barry is a seasoned distribution and logistics executive with more than two decades of experience building and managing best-in-class supply chain, transportation and distribution operations. Throughout his career, Mr. Barry has held senior roles at several notable warehouse, delivery and logistics companies, including most recently Pilot Furniture Direct and Last Mile Home, where he was responsible for overseeing appliance delivery operations and specialized in the last mile delivery process. His leadership abilities include customer engagement, recruiting and managing delivery teams, overseeing KPIs, and managing P&L. In his prior positions, Mr. Barry has played a key role in ensuring customer satisfaction and driving out supply chain inefficiencies.

Additionally, it was disclosed on December 13, 2021, on Form 4 for the U.S. Securities and Exchange Commission, that Mr. Fouerti has purchased 458,876 additional shares on the open market.

About Goedeker

Goedeker is an industry leading ecommerce destination for appliances, furniture and home goods. Through its June 2021 acquisition of Appliances Connection, Goedeker created one of the largest pure-play online retailers of household appliances in the United States. With warehouse fulfillment centers in the Northeast and Midwest, as well as showrooms in Brooklyn, New York, St. Louis, Missouri and Largo, Florida, Goedeker offers one-stop shopping for national and global brands. We carry many household name-brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG, and Samsung, and also carry many major luxury appliance brands such as Miele, Thermador, La Cornue, Dacor, Ilve, Jenn-Air and Viking among others. We also sell furniture, fitness equipment, plumbing fixtures, televisions, outdoor appliances, and patio furniture, as well as commercial appliances for builder and business clients. Learn more at www.Goedekers.com.

For Stockholders:

Goedeker Investor Relations

Greg Marose / Ashley Areopagita

ir@goedekers.com

Or

Morrow Sodali

Mike Verrechia, 800-662-5200

m.verrechia@morrowsodali.com

Source: 1847 Goedeker Inc.

FAQ

Who is Mike Barry and what is his role at Goedeker?

Mike Barry has been appointed as the Director of Home Delivery at Goedeker, responsible for the company's product delivery operations.

When did Mike Barry start working at Goedeker?

Mike Barry's starting date as Director of Home Delivery is December 15, 2021.

What are the priorities for Goedeker in the upcoming year?

Goedeker aims to expand its distribution network and enhance product delivery as top priorities for 2022.

What challenges is Goedeker addressing by hiring Mike Barry?

Goedeker is addressing global supply chain pressures and aims to optimize delivery operations through Barry's expertise.

What is the significance of Mike Barry's background for Goedeker?

Barry brings over two decades of experience in logistics and delivery, which is crucial for enhancing Goedeker's operations.

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