Edition:
United States

EVINE Live Inc (EVLV.OQ)

EVLV.OQ on NASDAQ Stock Exchange Global Select Market

0.33USD
22 Mar 2019
Change (% chg)

$-0.01 (-2.73%)
Prev Close
$0.34
Open
$0.35
Day's High
$0.36
Day's Low
$0.32
Volume
70,397
Avg. Vol
73,673
52-wk High
$1.73
52-wk Low
$0.32

Summary

Name Age Since Current Position

Landel Hobbs

55 2016 Chairman of the Board

Robert Rosenblatt

60 2016 Chief Executive Officer, Director

Diana Purcel

48 2018 Chief Financial Officer, Executive Vice President

Nicole Ostoya

48 2016 Executive Vice President, Chief Marketing Officer

Mark Locks

2018 Executive Vice President - Product Sourcing and Business Development

Andrea Fike

57 2017 Senior Vice President, General Counsel, Secretary

Damon Schramm

48 2017 Senior Vice President, General Counsel

Jon Sanders

2018 Senior Vice President, General Manager - Fulfillment and 3 rd Party Logistics

Nicholas Vassallo

54 2015 Senior Vice President, Corporate Controller

Michael Henry

60 2016 Senior Vice President and Chief Merchandising Officer

Michael Porter

2019 Vice President - Finance, IR Contact Officer

Scott Arnold

60 2017 Director

Thomas Beers

66 2014 Independent Director

Neal Grabell

62 2016 Director

Mark Holdsworth

53 2016 Director

Lisa Letizio

55 2016 Independent Director

Lowell Robinson

69 2014 Independent Director

Fred Siegel

64 2014 Independent Director

Alexander Spiro

35 2018 Director

Biographies

Name Description

Landel Hobbs

Mr. Landel C. Hobbs is Independent Chairman of the Board of the Evine Live Inc. He has served as the Company’s Chairman of the Board since August 2016 and prior to that time served as Vice Chair since 2015. He is the founder and has been Chief Executive Officer of LCH Enterprises LLC, a consulting and investment firm that operates in the broader telecommunications and media space, since 2010. Mr. Hobbs previously served as Chief Operating Officer of Time Warner Cable (“TWC”) from 2005 until the end of 2010 and was Chief Financial Officer of TWC from 2001 until 2005. He served as Vice President of Financial Analysis and Operations Support for all divisions of AOL Time Warner from September 2000 until October 2001. Mr. Hobbs also served in various positions, including Senior Vice President, Controller and Chief Accounting Officer, of Turner Broadcasting System, Inc. from 1993 until 2000. Before joining Turner in 1993, he served as Senior Vice President and Audit Director of Banc One Illinois Corporation and as a Senior Manager with KPMG Peat Marwick. He is currently Chairman of the National 4H Council. He was previously the Chairman of The Dyslexia Resource Trust, Lead Director of Allconnect, Chair and a Director of CSPAN, a Trustee of Women in Cable Television (WICT), and a Broadcasting and Cable Hall of Fame Member. Mr. Hobbs earned a Bachelor of Business Administration from Angelo State University. Mr. Hobbs brings to the Board significant cable and broadcast television expertise which is invaluable to the Company and management when assessing and structuring both cable and satellite distribution and other carriage deals. Mr. Hobbs also has an extensive finance and operations background which benefits the Board with analyzing financial transactions, financial reporting as well as accounting oversight.

Robert Rosenblatt

Mr. Robert J. (Bob) Rosenblatt is Chief Executive Officer, Director of the Company. He joined the Company in June 2014 as Chairman of the Board. In February 2016, he was appointed Interim Chief Executive Officer and permanent Chief Executive Officer on August 18, 2016. Previously, Mr. Rosenblatt served as Chief Executive Officer of Rosenblatt Consulting, LLC, a private company he formed in 2006, which specializes in helping investment firms determine value in both public and private consumer companies as well as helping retail firms bring their products to market. From 2012 to 2013, Mr. Rosenblatt served as the interim President of ideeli Inc., a members-only e-retailer that sells women's fashion and décor items during limited-time sales. From 2004 to 2006, he was Group President and Chief Operating Officer of Tommy Hilfiger Corp. (then a public company), a worldwide apparel and retail company. He co-managed the process that culminated in the successful sale of Tommy Hilfiger Corp. to Apax Partners in 2006. From 1997 to 2004, Mr. Rosenblatt was an executive at HSN, Inc., a multi-channel retailer and television network specializing in home shopping. He served as Chief Financial Officer from 1997 to 1999, Chief Operating Officer from 2000 to 2001 and President from 2001 to 2004. Previously, from 1983 to 1996, he was an executive at Bloomingdale's, an upscale chain of department stores owned by Macy's Inc., and served as Chief Financial Officer and Vice President of Stores. He currently serves on the board of RetailNext, a provider of technology and analytics solutions to the retail industry. Mr. Rosenblatt also served on the Board of Directors of Newgistics, Inc., I.Predictus, debShops, PepBoys and the Electronic Retailing Association, and was an adjunct professor at Fashion Institute of Technology where he taught entrepreneurial studies. Mr. Rosenblatt holds a BS in Accounting from Brooklyn College.

Diana Purcel

Ms. Diana Garvis Purcel is Chief Financial Officer, Executive Vice President of the Company, effective April 16, 2018. Ms. Purcel has earned top recognition for her professional work, including being nominated in 2017 for CFO of the year by FEI Chicago in the Private Company category, and in 2007 by the Minneapolis/St. Paul Business Journal in the Public Company category. She was also twice-named a Top Woman in Finance for the State of Minnesota by Finance Commerce Magazine, earning her a “Circle of Excellence” designation for being a multiple year winner, and was named a top forty under 40. Diana serves on the Board of Directors, and is a member of the Finance Committee, for the Animal Humane Society. Diana began her career with Arthur Andersen & Co in 1988. She obtained a BSM in Accounting from Tulane University, New Orleans, LA. and is a CPA.

Nicole Ostoya

Ms. Nicole R. Ostoya is Executive Vice President, Chief Marketing Officer of the Evine Live Inc. She joined the Company as Executive Vice President and Chief Marketing Officer in April 2016. Most recently, Ms. Ostoya co-founded The Cocktail Lab in January 2014, a gourmet craft cocktail emporium catering to both the professional bartending community and the adventurous home cocktailer. Previously, Ms. Ostoya co-founded and served as Chief Executive Officer of BoldFace, a celebrity beauty license holding company from May 2012 to October 2014. In July of 2010, Ms. Ostoya co-founded and owned Gold Grenade, a brand management company specializing in product development, strategic marketing and executing, which covered all channels of distribution including the luxury markets, specialty retailers and masstige including direct to consumer until September 2014. Previously, Ms. Ostoya was Director of Business Development, Benefit Cosmetics for LVMH; she co-founded and served as Chief Executive Officer of iDTV Studios, an online shopping network; co-owned Harlot, a bar and lounge in San Francisco; and served as Chief Executive Officer of Studio USA LLC. Ms. Ostoya began her career at Nordstrom where she spent over 18 years, including serving as full line Store Manager. Ms. Ostoya received her Associate of Arts degree from the Fashion Institute of Design and Merchandising in San Francisco, CA.

Mark Locks

Mr. Mark Locks is Executive Vice President - Product Sourcing and Business Development of the Company. Mr. Locks joins Evine from Tiger J, LLC, a manufacturing company that produces chic, fashion-forward clothing and accessories for consumers both domestically and internationally, where he served as President of Global Operations. While at Tiger J, LLC, he was the driving force for the development of many celebrity brands in the video retail business including Serena Williams, Giuliana Rancic, Lisa Rinna, Vanessa Williams, Nicole Richie, Queen Latifah, among others, and is regarded as a strong and reputable leader within the industry. In addition, he lives by the philosophy that "it's not what you achieve in life, but what you give back," and has held a corporate chair on the Rita Hayworth Gala since 2005.

Andrea Fike

Ms. Andrea M. Fike is a Senior vice president, General Counsel and Corporate Secretary of the Evine Live Inc. She joined the Company as Senior Vice President and General Counsel in May 2017. Most recently, Ms. Fike served as Senior Vice President and General Counsel at Regency Corporation, an educational institution offering cosmetology education through numerous campuses, from 2008 to 2017. At Regency Corporation, Ms. Fike was responsible for management of the Legal and Compliance, Campus Operations, and Human Resources functions. Previous to that, she spent eight years at FICO, a leading analytics software company where she was responsible for oversight of the Legal Department and was the P&L Leader for the Fraud Group and the Consumer Group. Ms. Fike also spent 10 years at Faegre Baker Daniels LLP, where, as a partner, her work primarily focused on financial institutions regulatory law. She holds a JD from Stanford Law School and a BA in Political Science from the University of Wisconsin, Madison.

Damon Schramm

Mr. Damon E. Schramm is Senior Vice President, General Counsel, Secretary of Evine Live Inc. He has served as Senior Vice President, General Counsel and Secretary since February 2016 and prior to that as Associate General Counsel since September 2015. Most recently, Mr. Schramm served as Vice President, General Counsel and Secretary at Lakes Entertainment, a publicly traded casino gaming company, from 2005 until he joined the Company in September 2015. Previously, he has served as a Partner at the law firm Gray Plant Mooty. He has also held board seats with the Make-A-Wish Foundation and the Animal Humane Society. Mr. Schramm holds a BA from the University of Minnesota-Duluth and a JD from William Mitchell College of Law.

Jon Sanders

Mr. Jon Sanders is Senior Vice President, General Manager - Fulfillment and 3 rd Party Logistics of the Company. Sanders will continue to lead operations at Evine's state-of-the-art fulfillment center in Bowling Green, Kentucky and spearhead the Company's relaunch of its direct-to-consumer 3 rd Party Logistics division. Partnering with AM Retail Group, an industry leading retail operator, Evine will now be coordinating select packaging and shipping functions for Karl Lagerfeld Paris, DKNY and GH Bass with plans for additional brands to follow. With a career-long reputation of managing strategic operations, Sanders has been a pivotal leader in Evine's fulfillment sector for over a decade and will play a critical role in ensuring its 3 rd Party Logistics services run efficiently.

Nicholas Vassallo

Mr. Nicholas J. Vassallo serves as Senior Vice President, Corporate Controller of Evine Live Inc. He has served as the Company's Corporate Controller since 1999, and as Senior Vice President since October 2015. He first joined the Company as director of financial reporting in October 1996. Mr. Vassallo was named corporate controller in 1999 and the following year was promoted to vice president. Prior to joining the Company, he served as corporate controller for Fourth Shift Corporation, a software development company. Mr. Vassallo began his career with Arthur Anderson, LLP where he spent eight years in its audit practice group. Mr. Vassallo is a CPA and holds a BS in Accounting from St. John's University in New York.

Michael Henry

Mr. Michael A. Henry is Senior Vice President and Chief Merchandising Officer of the Evine Live Inc. He joined the Company as Senior Vice President and Chief Merchandising Officer in May 2016. Most recently, Mr. Henry served as an executive consultant to Shopping Live, a 24-hour television shopping network operating in Russia from November 2015 until May 2016. In 2015, Mr. Henry served as Chief Merchandising Officer at Eastern Home Shopping, Taiwan. From 2012 to 2015, Mr. Henry served as Director of Merchandising, Planning and Programming at QVC Italia S.r.l. Mr. Henry also served eight years as Senior Vice President Merchandising at HSN, Inc., a multi-channel retailer and television network specializing in home shopping. Prior to HSN, Mr. Henry spent several years in the beauty industry holding key leadership positions in sales and marketing, including Vice President Promotional Marketing of Lancôme, and Executive Director of Marketing and Creative at Yves Saint Laurent Beauty. He began his career as an executive for Saks Fifth Avenue. Mr. Henry holds an MBA in Marketing from Columbia University and a BS degree from Georgetown University.

Michael Porter

Mr. Michael Porter is a Vice President - Finance of the Evine Live Inc.

Scott Arnold

Mr. Scott R. Arnold is Independent Director of the Company. He has served as a Managing Director and Senior Portfolio Manager in ABS and Private Equity and new business development with the Clinton Group, Inc., or CGI, an investment management firm, since May 2007. Mr. Arnold led Clinton’s private equity investment in community banks. He has been involved in the portfolio management of all asset-backed strategies at CGI. Mr. Arnold has extensive experience in the analysis, valuation, trading, hedging and marketing of mortgage-backed and asset-backed securities. Prior to joining CGI’s ABS desk, he was involved in research, restructuring and principal investing in distressed debt and special situations investments at both CG1 and Source Capital Group, or Source Capital, a boutique investment firm. Mr. Arnold worked at CG1 from June 2002 until August 2004 and Source Capital from June 2000 until June 2002 and from September 2004 until April 2007. From 1983 until 1999, Mr. Arnold worked in the mortgage-backed securities area at several leading investment banks including Salomon Brothers and Smith Barney & Co. In addition to his foregoing roles, Mr. Arnold served on the Board of Urban Trust Bank, a federally chartered community bank that provides value oriented consumer and commercial banking services through an extensive network of branches in Florida, from 2010 until March 2014 and served as its Chairman from September 2011 through the remainder of his tenure. While at Urban Trust Bank he served on the board’s Credit Committee, Asset/Liability Committee and Investment Committee. Mr. Arnold was previously a director of Herald National Bank until its merger with BankUnited in 2011. Mr. Arnold earned a B.A. from Northwestern University and his M.B.A. from the Kellogg School of Management at Northwestern University. Mr. Arnold’s qualifications to serve as a director include his nearly 30 years of investment and asset-backed security experience, including a focus on mortgage backed securities and special situations.

Thomas Beers

Mr. Thomas D. Beers is a Independent Director of the Evine Live Inc. He has been Chief Executive Officer of Fremantle Media N.A., Inc., since 2012 where he is responsible for Fremantle’s management and business performance as well as the development, production and operations of more than 600 hours of programming per year including “American Idol,” “America’s Got Talent,” “The X Factor,” “Let’s Make a Deal,” “Family Feud,” and “The Price is Right.” Prior to joining Fremantle, Mr. Beers was the founder and Chief Executive Officer of Original Productions, where he was the creator and driving force behind the Primetime Emmy® winning “Deadliest Catch,” and Emmy nominee “Ice Road Truckers,” and top-rated shows “Storage Wars,” “Monster Garage” and “Black Gold.” His catalogue of more than 30 series is firmly entrenched across the cable powerhouses Discovery, HISTORY, A&E, Spike TV, The National Geographic Channel, and truTV. Mr. Beers’ extensive programming development and production, brand enhancement and relationships in the entertainment and media industry is invaluable in providing strategic advice on new ventures, product development and marketing initiatives.

Neal Grabell

Mr. Neal S. Grabell is a Independent Director of the Company. He is currently a Visiting Professor of Economics and Independent College Programs at Haverford College where he has taught since 2006. Mr. Grabell served as Of Counsel to the Saul Ewing, LLP law firm from 2008 to 2015 where he practiced corporate and commercial law for domestic and foreign retailing, licensing, and manufacturing clients. From 1987 to 2008, Mr. Grabell served as the General Counsel of QVC, Inc. where he was responsible for the company’s securities offerings and filings, commercial transactions, acquisitions, litigation, regulatory and ethical compliance, corporate structure, and government relations. Mr. Grabell also oversaw the affiliate sales and marketing department, and operations of other departments of the company, forming and managing the internal audit department and leading the facilities department operations in the company’s numerous sites. Mr. Grabell was a director of QVC (UK), a Managing Director of QVC Deutschland GmbH, and a Director of QVC Japan, Inc. from their respective formations until 2009. He was also a director of most of QVC’s domestic subsidiaries. Mr. Grabell received a B.A. degree from Haverford College in 1977 and a J.D. degree from Georgetown University in 1980. Mr. Grabell is the President of the foundations of Golden Slipper Club & Charities, a Governor of the Golden Slipper Club & Charities, and trustee of the Abramson Center. Mr. Grabell was recommended to serve on our Board by members of the Board of Directors. Mr. Grabell’s experience with QVC, and his legal and business background, provides him with a unique perspective with respect to television retailing and the legal/regulatory issues it faces.

Mark Holdsworth

Mr. Mark K. Holdsworth serves as Independent Director of the Evine Live Inc. He is currently the co-founder and operating partner of Tennenbaum Capital Partners, LLC, a Los Angeles-based private multi-strategy investment firm with approximately $9 billion of capital under management, a position he has held since 1996. He also serves as the founder of Holdsworth & Co., LLC, a family office focused on investments in real estate, venture capital, common equities and privately-owned businesses. He has extensive experience investing in multiple industries, including technology and media. Mr. Holdsworth also has 20 years of experience serving on boards of directors for companies in a variety of industries, currently serving on the boards of Parsons Corporation, AGY Holding Corp. and Intelinair Corp. He specializes in active management oversight, strategy, mergers and acquisition activity and financing and, as a financial expert, is able to provide knowledgeable insight to implement structures that can be used to accelerate growth and improve financial flexibility. Mr. Holdsworth received a B.A. from Pomona College in Physics, a B.S. (Honors) from California Institute of Technology in Engineering and Applied Science and an M.B.A. from Harvard Business School. Mr. Holdsworth was recommended to serve on our Board by members of the Board of Directors. Mr. Holdsworth provides the Company with finance and capital markets expertise.

Lisa Letizio

Ms. Lisa A. Letizio is an Independent Director of the Company. She has served as a strategic advisor to LivingHR, Inc., a culture first consulting and search group, since 2014 and as an independent consultant to Allison James Estate & Homes, Inc., a real estate brokerage firm, since 2015. She served as the Chief Human Resources Officer at HSN, Inc. from 1998 to 2014. In that role, Ms. Letizio oversaw the Human Resources teams for all of HSNi, a retail portfolio that encompassed HSN, a leading interactive multichannel retailer, and Cornerstone, a multichannel retailer of lifestyle brands including Frontgate, Garnet Hill and Ballard Designs. Ms. Letizio’s responsibilities at HSNi included talent acquisition and assessment, leadership development, compensation, employee engagement, benefits/wellness, work life programs and community affairs. Prior to joining HSNi, Ms. Letizio was Vice President of Human Resources of The Timberland Company from 1992 to 1998. During her tenure at The Timberland Company, Ms. Letizio built the company’s global human resources function, establishing world-wide pay and benefits systems as well as recruiting top leadership talent across Europe, the Dominican Republic and Puerto Rico. Ms. Letizio is a board member and board secretary of the St. Petersburg Arts Alliance. Ms. Letizio provides the Board with valuable talent acquisition and assessment, leadership development, and compensation experience obtained over her more than 20-year career in the consumer goods and home shopping industries. Her deep experience in these areas provides the Board with strategic and operational leadership and critical insights into human resources and executive compensation issues.

Lowell Robinson

Mr. Lowell W. Robinson is an Independent Director of the Evine Live Inc. Mr. Robinson served as the Chief Financial Officer and Chief Operating Officer of MIVA, Inc., an online advertising network, from August 2007 through March 2009. He joined MIVA in 2006 as Chief Financial Officer and Chief Administrative Officer. He had previously served as the President of LWR Advisors from 2002 to 2006 and as the Chief Financial Officer and Chief Administrative Officer at HotJobs.com from 2000 to 2002. He previously held senior financial positions at Advo, Inc., Citigroup Inc. and Kraft Foods, Inc. Mr. Robinson has also served as a director of Higher One since 2014, and Support.com since March 2016. Mr. Robinson also served on the Board of Directors of The Jones Group from 2005 to 2014, the Board of Advisors for the University of Wisconsin School of Business from 2006 to 2010, the Board of Directors of International Wire Group, Inc., from 2003 to 2009, and the Board of Directors of Independent Wireless One, Diversified Investment Advisors and Edison Schools Inc. He is a member of the Smithsonian Libraries Advisory Board and the Board of the Metropolitan Opera Guild. Mr. Robinson earned a Bachelor of Arts in Economics from the University of Wisconsin and a Master of Business Administration from Harvard Business School.

Fred Siegel

Mr. Fred R. Siegel is an Independent Director of the Evine Live Inc. He is owner of Fred Siegel Partners, a consultancy group focused on social change initiatives for corporations and leading non-profits, a position he has held since 2000. Mr. Siegel was Senior Vice President and marketing head for QVC from 1993 to 1998, overseeing all off-air consumer touch-points including all marketing and communications, leading special on-air events, and attracting and securing marquee brand-name vendors, helping QVC become the category-defining brand. After QVC, Mr. Siegel was marketing lead for Excite and Excite @ Home where he oversaw all marketing and communications activities. He is responsible for many Internet firsts including strategic partnerships with television networks, the first large-scale voting event on the web (with the Prime Time Emmys) and the first Online Town Hall meeting with President Clinton. He currently works with multiple organizations such as AARP, Stand Up To Cancer and digital content powerhouse, ATTN, advises early-stage companies including Andreessen Horowitz-backed Honor Home Care, the Emmy award-winning National Geographic series, Years Of Living Dangerously, and is a national Board member for United Healthcare Children’s Foundation. Mr. Siegel has won multiple awards including a Daytime Emmy Award (2011) and numerous advertising awards including Clio and One Show. Mr. Siegel’s experience with QVC, his prior experience at Excite and his current work with multiple high-profile enterprises, provides him with global perspectives and real-time knowledge on marketing, brand development and customer acquisition particularly relevant in the digital retail arena.

Alexander Spiro

Mr. Alexander B. (Alex) Spiro is Independent Director of the Evine Live Inc. He is currently a partner at Quinn Emanuel Urquhart and Sullivan, LLP having served in that capacity since October 2017. His practice area includes nearly every type of litigation, dispute, and investigation across the globe. Prior to that, Mr. Spiro was an attorney at Brafman and Associates in New York City since July 2013. In that position, Mr. Spiro has handled an array of complex litigation and investigations. Prior to his joining Brafman and Associates, from September 2008 to July 2013, Mr. Spiro worked as a Manhattan prosecutor. Mr. Spiro formerly was the director of an autism children’s program at McLean Hospital, Harvard’s psychiatric hospital. Mr. Spiro is a graduate of the Harvard Law School where he remains on the adjunct teaching faculty. He has lectured and written on a variety of subjects related to psychology and the law. Mr. Spiro is also a board member of GlassBridge Enterprises, Inc., having served in that capacity since August 2015. Mr. Spiro’s experience and deep connections in the sports, entertainment, media and celebrity industries provides the Board with insights on consumer trends and opportunities that are relevant in digital retailing.