Naples Soap Company Appoints New Chief Financial Officer
Naples Soap Company (OTCQB: NASO), a leading health and wellness brand, has appointed Richard James Kujak, CPA, as its new Chief Financial Officer (CFO), effective July 1, 2024. Kujak brings extensive experience from roles in various industries, managing revenues up to $270 million and overseeing financial operations for large pharmaceutical distribution centers with revenues exceeding $3 billion. He is also a Certified Public Accountant and Six Sigma Greenbelt. Current CFO Jim Milner will remain on the Board and transition to the role of Controller. CEO Deanna Wallin highlighted Kujak's expertise in driving revenue growth and operational excellence as key to the company's upcoming initiatives.
- Appointment of experienced CFO Richard James Kujak, effective July 1, 2024.
- Kujak's previous experience includes managing revenues up to $270 million and overseeing financial operations for large pharmaceutical distribution centers with revenues exceeding $3 billion.
- Kujak is a Certified Public Accountant with a comprehensive understanding of GAAP and a Six Sigma Greenbelt.
- Current CFO Jim Milner will stay with the company as a Board Member and transition to the role of Controller, retaining valuable experience within the company.
- CEO Deanna Wallin expects Kujak to drive revenue growth and operational excellence through new initiatives.
- No specific financial data regarding recent performance or future projections was provided.
- Potential risks associated with the transition of CFO roles were not addressed.
- The announcement lacks details on the specific revenue streams and new product lines that are expected to drive growth.
Gearing up for accelerated growth through multiple revenue streams including the wholesale distribution of innovative new product lines
Naples Soap Company, Inc. names Richard James Kujak, CPA as Chief Financial Officer (CFO) effective July 1, 2024 (Photo: Business Wire)
As CFO, Vice President, and Controller at several private equity owned companies in a diverse range of industries, Mr. Kujak managed revenues of up to
Naples Soap Company’s current CFO and Board Member, Jim Milner, will remain with the Company as a Board Member and will transition into the role of Controller.
“We are very pleased to welcome Rick aboard as Naples Soap Company approaches an inflection point in our growth, driven by several new initiatives that we expect will drive revenue momentum,” stated Naples Soap Company Founder & CEO, Deanna Wallin. “Rick’s experience managing the finances of distribution, retail, recycling, and consumer products companies with complex operations will be a great asset as our company evolves.”
“I’d also like to thank Jim for his excellent work as CFO, his tireless dedication to our Company, and for staying on with us as a Board Member and Controller as we continue to benefit from his years of experience and wise counsel.”
About Naples Soap Company, Inc.
Founded in 2009 by Deanna Wallin, Naples Soap Company is a supplier of more than 400 bath, body and personal care products. Products are sold at the Company’s 13 retail locations in
Forward-Looking Statements
This release includes certain statements that are "forward-looking statements.” All statements in this release, other than statements of historical fact, that address events or developments that are expected to occur, are forward-looking statements. Forward-looking statements are generally, but not always, identified by the words like “anticipate,” “believe,” “expect,” “intend,” “plan,” “will” and variations of the same. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include our need to obtain additional capital or financing to support our business plans, which may not be available on acceptable terms or at all, market prices, competition, risks inherent in the development and launch of potential products and in new market segments, risks relating to the establishment and maintenance of relationships with athletes, celebrities and influencers, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Naples Soap Company’s management on the date the statements are made. Except as required by applicable securities laws, Naples Soap Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240612539830/en/
Deanna Wallin, CEO & Founder, Naples Soap Company, (239) 325-8263,
investorrelations@naplessoap.com
Source: Naples Soap Company
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