YETI Names Mike McMullen as Chief Financial Officer

Rhea-AI Summary

YETI Holdings, Inc. has officially appointed Mike McMullen as its Senior Vice President, Chief Financial Officer, and Treasurer, after serving as Interim CFO since October 2022. McMullen, who joined YETI in 2016, played a significant role in the company's successful IPO in 2018.

CEO Matt Reintjes expressed confidence in McMullen’s leadership abilities and his contribution to the company's growth and innovation. YETI is known for its premium outdoor products, including coolers and drinkware, with a commitment to delivering high-quality items to outdoor enthusiasts.

Positive

• Appointment of Mike McMullen as CFO indicates stability in financial leadership.
• McMullen's experience includes a key role in YETI's successful IPO, suggesting strong financial acumen.

Negative

• None.

AUSTIN, Texas--(BUSINESS WIRE)-- YETI Holdings, Inc. (“YETI”) (NYSE: YETI), the global retailer and innovator of premium outdoor products, today announced the appointment of Mike McMullen as its Senior Vice President, Chief Financial Officer and Treasurer. McMullen has served as YETI’s Interim CFO since October 2022.

“Mike’s depth of financial expertise and business insight coupled with his extensive knowledge of YETI made an immediate and positive impact as he seamlessly took on the role of Interim CFO late last year,” said Matt Reintjes, President & CEO at YETI. “On behalf of the Board of Directors and our team, I am pleased to officially welcome him as our Chief Financial Officer and am confident he will continue to be a strong leader for the Company.”

Mr. McMullen joined YETI in 2016 as Head of Financial Planning & Analysis before being promoted to Vice President, Finance in 2017. Mike was a key member of the team that led YETI through our successful initial public offering in 2018. He has over 20 years of experience leading FP&A, treasury management, and strategic and demand planning across omnichannel tech and consumer products companies.

Said Mr. McMullen, “I look forward to leading our finance organization while continuing to partner with Matt and the entire senior leadership team as we look to grow the brand, drive innovation and maximize long-term value for shareholders.”

About YETI Holdings, Inc.

Headquartered in Austin, Texas, YETI is a global designer, retailer, and distributor of innovative outdoor products. From coolers and drinkware to backpacks and bags, YETI products are built to meet the unique and varying needs of diverse outdoor pursuits, whether in the remote wilderness, at the beach, or anywhere life takes our customers. By consistently delivering high-performing, exceptional products, we have built a strong following of brand loyalists throughout the world, ranging from serious outdoor enthusiasts to individuals who simply value products of uncompromising quality and design. We have an unwavering commitment to outdoor and recreation communities, and we are relentless in our pursuit of building superior products for people to confidently enjoy life outdoors and beyond. For more information, please visit www.YETI.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230216005605/en/

media@yeti.comn

Source: YETI Holdings, Inc.

FAQ

Who is the new CFO of YETI Holdings?

Mike McMullen has been appointed as the new CFO of YETI Holdings.

When did Mike McMullen become the Interim CFO of YETI?

Mike McMullen became Interim CFO of YETI in October 2022.

What role did Mike McMullen play in YETI's IPO?

Mike McMullen was a key member of the team that led YETI through its successful IPO in 2018.

What is YETI Holdings known for?

YETI Holdings is known for its premium outdoor products, including coolers and drinkware.

What are Mike McMullen's responsibilities as CFO of YETI?

As CFO, Mike McMullen will lead YETI's finance organization and support the company's growth and innovation.