LAZYDAYS ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION

Rhea-AI Summary

Lazydays Holdings, Inc. (Nasdaq: LAZY) announced the retirement of Chief Financial Officer Nick Tomashot, effective November 15, 2022. Kelly Porter will step into the role, bringing extensive experience from Lithia Motors. Tomashot will serve as an advisor until year-end to ensure a smooth transition. CEO John North praised Tomashot's contributions, particularly during the pandemic. Porter, a CPA with a strong background in dealership operations, is expected to enhance Lazydays' growth strategy as the company aims for continued expansion in the RV market.

Positive

• Appointment of Kelly Porter as CFO, bringing valuable automotive retail experience.
• Nick Tomashot to assist during the transition, ensuring continuity.

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• None.

TAMPA, Fla., Oct. 5, 2022 /PRNewswire/ -- Lazydays Holdings, Inc. (NasdaqCM: LAZY), today announced that Nick Tomashot will retire as Chief Financial Officer. Kelly Porter will assume the role of Chief Financial Officer on November 15, 2022. As part of the transition, Mr. Tomashot will remain with Lazydays as an advisor through the end of the year to help facilitate a smooth transition.

John North, Chief Executive Officer of Lazydays Holdings, said "I want to thank Nick for his leadership and dedicated service to Lazydays. Nick has been a tremendous asset to the Company, particularly in his efforts to lead our organization through the effects of the pandemic and associated supply chain disruptions. We wish him well in his retirement."

"My service at Lazydays has been the crowning accomplishment of my professional career. Building the team and infrastructure to position Lazydays for continued profitable growth has been energizing and rewarding. I am proud of what we have accomplished," said Mr. Tomashot. "I am confident the Company is well positioned and financially structured to continue to expand and thrive. I look forward to working with John, Kelly and the rest of the management team as we continue to build on our momentum."

Ms. Porter is a highly experienced executive with deep analytical, business development and financial acumen in the automotive retail business. She began her career in public accounting at Moss Adams, spending over 20 years growing their Dealership Accounting Services practice, where she was a Partner. More recently, she served as Corporate Controller and Vice President of FP&A at Lithia Motors, Inc. (NYSE: LAD), the largest automotive dealership group in the United States. Ms. Porter holds a bachelor's degree in Accounting from Arizona State University and is a licensed CPA in Oregon.

Mr. North continued, "We are delighted to have Kelly join our senior management team. She brings intimate familiarity with dealership operations, acquisitions and strategy and I am confident her significant automotive experience will serve us well. She will be a great asset as we continue to accelerate our growth and benefit from scale across our network of locations.

ABOUT LAZYDAYS RV

As an iconic brand in the RV industry, Lazydays, The RV Authority, consistently provides the best RV sales, service, and ownership experience, which is why RVers and their families become Customers for Life. Lazydays continues to add locations at a rapid pace as it executes its geographic expansion strategy that includes both acquisitions and greenfields.

Since 1976, Lazydays RV has built a reputation for providing an outstanding customer experience with exceptional service excellence and unparalleled product expertise, along with being a preferred place to rest and recharge with other RVers. By offering the largest selection of RV brands from the nation's leading manufacturers, state-of-the-art service facilities, and thousands of accessories and hard-to-find parts, Lazydays RV provides everything RVers need and want.

Lazydays Holdings, Inc. is a publicly listed company on the Nasdaq stock exchange under the ticker "LAZY."

News Contact:
+1 (813) 204-4099
investors@lazydays.com 

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SOURCE Lazydays Holdings, Inc.

FAQ

What recent leadership change happened at Lazydays Holdings (LAZY)?

Lazydays Holdings announced the retirement of CFO Nick Tomashot, effective November 15, 2022, with Kelly Porter appointed as his successor.

Who is Kelly Porter in relation to Lazydays Holdings (LAZY)?

Kelly Porter is the newly appointed Chief Financial Officer of Lazydays Holdings, taking over from Nick Tomashot.

What experience does Kelly Porter bring to Lazydays Holdings (LAZY)?

Kelly Porter has extensive experience in the automotive retail industry, previously serving as Corporate Controller and VP at Lithia Motors.

What will Nick Tomashot's role be after retiring as CFO of Lazydays Holdings (LAZY)?

After retiring, Nick Tomashot will remain with Lazydays as an advisor until the end of the year.

How is Lazydays Holdings (LAZY) positioned for future growth?

Lazydays Holdings is focused on geographic expansion, acquisitions, and enhancing its operations under the new CFO.