Beyond names new CFO with Container Store acquisition [Yahoo! Finance]
INFORMA PLC S/ADR (IFJPY)
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Source: Yahoo! Finance
Retailer Beyond appointed Brian LaRose, currently serving as finance chief for The Container Store, to its CFO seat, according to a Thursday securities filing. LaRose will succeed Adrianne Lee as Beyond's CFO effective April 28, according to the filing with the Securities and Exchange Commission. Murray, Utah-based Beyond announced the CFO transition in connection with an agreement to acquire the storage and organization retailer. The transaction will help to “fill critical gaps in both our retail and home services strategy,” CEO and Chairman Marcus Lemonis said in a Thursday letter to shareholders . “As we build our company platform, any additional assets including talent must serve a clear purpose to our company's long-term strategy.” Beyond has also inked agreements to acquire Swedish home organization company Elfa and Closet Works, a creator of custom closets and organizers, Lemonis said in the shareholder letter. The Container Store acquisition will help to round out its Omn
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