PLBY Group Welcomes Gyorgy Gattyan to its Board of Directors
PLBY Group has announced the appointment of Gyorgy Gattyan to its Board of Directors, expanding the board from five to seven directors, with one seat currently vacant. This appointment follows a long-term license agreement with Byborg Enterprises and significant investments totaling $47.79 million from a Byborg affiliate controlled by Gattyan, with $25.44 million pending stockholder approval.
Gattyan brings over 10 years of experience as an entrepreneur and digital technology executive. He is the CEO of Docler Holding S.a.r.l., a multinational IT, media, and entertainment company he founded in 2013. He also founded LiveJasmin, a webcam platform, in 2001. The appointment aligns with Playboy's strategy to pursue a digital-focused, asset-light business model.
PLBY Group ha annunciato la nomina di Gyorgy Gattyan nel suo Consiglio di Amministrazione, ampliando il consiglio da cinque a sette membri, con un posto attualmente vacante. Questa nomina segue un accordo di licenza a lungo termine con Byborg Enterprises e investimenti significativi per un totale di 47,79 milioni di dollari da un affiliato di Byborg controllato da Gattyan, con 25,44 milioni di dollari in attesa di approvazione da parte degli azionisti.
Gattyan porta con sé oltre 10 anni di esperienza come imprenditore e dirigente nel settore della tecnologia digitale. È il CEO di Docler Holding S.a.r.l., una multinazionale IT, media e intrattenimento che ha fondato nel 2013. Ha anche fondato LiveJasmin, una piattaforma webcam, nel 2001. La nomina si allinea con la strategia di Playboy di perseguire un modello di business digitale e leggero in termini di asset.
PLBY Group ha anunciado el nombramiento de Gyorgy Gattyan en su Junta Directiva, ampliando la junta de cinco a siete miembros, con un puesto actualmente vacante. Este nombramiento sigue a un acuerdo de licencia a largo plazo con Byborg Enterprises y a inversiones significativas que suman 47,79 millones de dólares de una afiliada de Byborg controlada por Gattyan, con 25,44 millones de dólares pendientes de aprobación por parte de los accionistas.
Gattyan aporta más de 10 años de experiencia como empresario y ejecutivo en tecnología digital. Es el CEO de Docler Holding S.a.r.l., una empresa multinacional de TI, medios y entretenimiento que fundó en 2013. También fundó LiveJasmin, una plataforma de webcam, en 2001. El nombramiento se alinea con la estrategia de Playboy de perseguir un modelo de negocio centrado en lo digital y ligero en activos.
PLBY 그룹은 Gyorgy Gattyan을 이사회에 임명했다고 발표하며, 이사 수를 다섯 명에서 일곱 명으로 늘리고 현재 한 자리를 비워두었습니다. 이번 임명은 Byborg Enterprises와의 장기 라이센스 계약과 Gattyan이 관리하는 Byborg 계열사로부터 총 4,779만 달러의 상당한 투자가 있었고, 2,544만 달러는 주주 승인을 기다리고 있습니다.
Gattyan은 10년 이상의 기업가 및 디지털 기술 임원으로서의 경험을 가지고 있습니다. 그는 2013년에 설립한 다국적 IT, 미디어 및 엔터테인먼트 회사인 Docler Holding S.a.r.l.의 CEO입니다. 그는 또한 2001년에 웹캠 플랫폼인 LiveJasmin을 설립했습니다. 이번 임명은 플레이보이의 전략인 디지털 중심의 자산 경량 비즈니스 모델을 추구하는 데 부합합니다.
PLBY Group a annoncé la nomination de Gyorgy Gattyan à son Conseil d'Administration, élargissant le conseil de cinq à sept membres, avec un siège actuellement vacant. Cette nomination fait suite à un accord de licence à long terme avec Byborg Enterprises et à des investissements significatifs totalisant 47,79 millions de dollars d'une filiale de Byborg contrôlée par Gattyan, dont 25,44 millions de dollars sont en attente d'approbation par les actionnaires.
Gattyan apporte plus de 10 ans d'expérience en tant qu'entrepreneur et dirigeant dans le domaine de la technologie numérique. Il est le PDG de Docler Holding S.a.r.l., une entreprise multinationale de TI, de médias et de divertissement qu'il a fondée en 2013. Il a également fondé LiveJasmin, une plateforme de webcam, en 2001. La nomination s'inscrit dans la stratégie de Playboy de poursuivre un modèle commercial axé sur le numérique et léger en actifs.
PLBY Group hat die Ernennung von Gyorgy Gattyan in seinen Vorstand bekannt gegeben und erhöht die Anzahl der Vorstandsmitglieder von fünf auf sieben, wobei derzeit ein Platz vakant ist. Diese Ernennung folgt einem langfristigen Lizenzvertrag mit Byborg Enterprises und erheblichen Investitionen in Höhe von insgesamt 47,79 Millionen Dollar von einem Byborg-Tochterunternehmen, das von Gattyan kontrolliert wird, wobei 25,44 Millionen Dollar noch der Genehmigung durch die Aktionäre bedürfen.
Gattyan bringt über 10 Jahre Erfahrung als Unternehmer und Führungskraft im Bereich digitale Technologie mit. Er ist CEO von Docler Holding S.a.r.l., einem multinationalen Unternehmen für IT, Medien und Unterhaltung, das er 2013 gegründet hat. 2001 gründete er auch LiveJasmin, eine Webcam-Plattform. Die Ernennung steht im Einklang mit der Strategie von Playboy, ein digitales, ressourcenschonendes Geschäftsmodell zu verfolgen.
- Secured significant investment of $47.79 million from Byborg affiliate
- Strategic alignment with digital-focused business model through experienced tech executive appointment
- Established long-term license agreement with Byborg Enterprises
- $25.44 million investment portion still requires stockholder approval
- Board expansion creates vacancy requiring additional search for independent director
LOS ANGELES, Feb. 14, 2025 (GLOBE NEWSWIRE) -- PLBY Group, Inc. (NASDAQ: PLBY) (the “Company” or “PLBY Group”), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, today announced the appointment of Gyorgy Gattyan to its Board of Directors (the “Board”). In connection with the appointment of Mr. Gattyan, the Board was expanded from five to seven directors, but is currently composed of six directors and has one vacant seat, which the Board is working to fill with a new independent director as soon as practicable.
Mr. Gattyan’s appointment follows the Company’s previously disclosed long-term license agreement with Byborg Enterprises S.A. (“Byborg”), a company controlled by Mr. Gattyan, and the November 2024,
“Gyorgy has established multiple successful, web-based businesses, making him a valuable addition to the Board, as Playboy continues to pursue a digital focused, asset-light business model,” said Ben Kohn, PLBY Group’s Chief Executive Officer. “I’m excited to welcome Gyorgy to PLBY Group and have his experience and support as the Company returns to growth.”
Mr. Gattyan is the Chief Executive Officer of Docler Holding S.a.r.l., a multinational information technology, media and entertainment company he founded in 2013 and is headquartered in Luxembourg. Docler Holding is the parent company of Byborg, which is primarily focused on the development and operation of live streaming websites, including the webcam platform LiveJasmin, which Mr. Gattyan founded in 2001. In addition, Mr. Gattyan serves as the Chairman of the Board of Trustees of multiple charitable foundations which support a variety of causes, primarily in his native Hungary.
About PLBY Group, Inc.
PLBY Group, Inc. is a global pleasure and leisure company connecting consumers with products, content, and experiences that help them lead happier, more fulfilling lives. Our flagship consumer brand, Playboy, is one of the most recognizable brands in the world, with products and content available in approximately 180 countries. Our mission — to create a culture where all people can pursue pleasure — builds upon over 70 years of creating groundbreaking media and hospitality experiences and fighting for cultural progress rooted in the core values of equality, freedom of expression and the idea that pleasure is a fundamental human right. Learn more at http://www.plbygroup.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to future performance, growth plans and anticipated financial impacts of its strategic opportunities and corporate transactions.
These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Factors that may cause such differences include, but are not limited to: (1) the inability to maintain the listing of the Company’s shares of common stock on Nasdaq; (2) the risk that the Company’s completed or proposed transactions disrupt the Company’s current plans and/or operations, including the risk that the Company does not complete any such proposed transactions or achieve the expected benefits from any transactions; (3) the ability to recognize the anticipated benefits of corporate transactions, commercial collaborations, commercialization of digital assets, cost reduction initiatives and proposed transactions, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, and the Company’s ability to retain its key employees; (4) costs related to being a public company, corporate transactions, commercial collaborations and proposed transactions; (5) changes in applicable laws or regulations; (6) the possibility that the Company may be adversely affected by global hostilities, supply chain delays, inflation, interest rates, foreign currency exchange rates or other economic, business, and/or competitive factors; (7) risks relating to the uncertainty of the projected financial information of the Company, including changes in the Company’s estimates of cash flows and the fair value of certain of its intangible assets, including goodwill; (8) risks related to the organic and inorganic growth of the Company’s businesses, and the timing of expected business milestones; (9) changing demand or shopping patterns for the Company’s products and services; (10) failure of licensees, suppliers or other third-parties to fulfill their obligations to the Company; (11) the Company’s ability to comply with the terms of its indebtedness and other obligations; (12) changes in financing markets or the inability of the Company to obtain financing on attractive terms; and (13) other risks and uncertainties indicated from time to time in the Company’s annual report on Form 10-K, including those under “Risk Factors” therein, and in the Company’s other filings with the Securities and Exchange Commission. The Company cautions that the foregoing list of factors is not exclusive, and readers should not place undue reliance upon any forward-looking statements, which speak only as of the date which they were made. The Company does not undertake any obligation to update or revise any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Contact:
Investors: FNK IR – Rob Fink / Matt Chesler, CFA – investors@plbygroup.com
Media: press@plbygroup.com
FAQ
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