Edition:
United States

Party City Holdco Inc (PRTY.N)

PRTY.N on New York Stock Exchange

12.40USD
20 Nov 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$12.40
Open
$12.50
Day's High
$12.50
Day's Low
$12.12
Volume
154,997
Avg. Vol
104,687
52-wk High
$17.60
52-wk Low
$9.55

Summary

Name Age Since Current Position

Gregg Melnick

47 2015 President

James Harrison

65 2014 Chief Executive Officer, Director

Daniel Sullivan

48 2016 Chief Financial Officer

Ryan Vero

47 2016 President of the Party City Retail Group

Michael Correale

59 2016 Executive Vice President, Chief Accounting Officer, Principal Accounting Officer, Treasurer

Todd Abbrecht

48 2012 Director

Jefferson Case

39 2012 Director

Steven Collins

48 2008 Director

Uttam Jain

37 2012 Director

Joshua Nelson

44 2012 Director

William Creekmuir

61 2016 Independent Director

Lisa Klinger

50 2015 Independent Director

Norman Matthews

84 2013 Independent Director

Morry Weiss

77 2016 Independent Director

Deborah Belevan

2016 Vice President of IR

Biographies

Name Description

Gregg Melnick

Mr. Gregg A. Melnick is President of Party City Holdco Inc. He became our President in January 2015 and became President of Party City Holdings Inc. in October 2014. From March 2011 to September 2014, Mr. Melnick was President of the Party City Retail Group. From May 2010 to February 2011, Mr. Melnick was President of Party City Corporation. Previously, he was Chief Operating Officer from October 2007 to April 2010 and Chief Financial Officer of Party City Corporation from September 2004 to September 2007.

James Harrison

Mr. James M. Harrison is Chief Executive Officer, Director of Party City Holdco Inc. Mr. Harrison served as our President from December 1997 until January 2015. From March 2002 to July 2012, Mr. Harrison served as our Chief Operating Officer. From February 1997 to March 2002, Mr. Harrison also served as our Chief Financial Officer and Treasurer. From February 1997 to December 1997, Mr. Harrison served as our Secretary. Mr. Harrison’s extensive experience in the decorated party goods industry, his lengthy tenure and his role as our Chief Executive Officer make him a valuable asset to our management and our board of directors.

Daniel Sullivan

Mr. Daniel J. Sullivan has been appointed as Chief Financial Officer of Party City Holdco Inc. Prior to joining the Company, Mr. Sullivan served as the Executive Vice President and Chief Financial Officer of Ahold USA, Inc. (“Ahold”) from January 2014 through July 2016. He also served as Senior Vice President of Finance for Ahold from November 2010 through December 2013. Prior to joining Ahold, Mr. Sullivan spent over twelve years at Heineken USA Incorporated, and was most recently its Chief Financial and Operating Officer. Previous to his work at Heineken USA Incorporated, Mr. Sullivan was the Director of Finance at Amscan Inc., an indirect wholly-owned subsidiary of Party City Holdco Inc.

Ryan Vero

Mr. Ryan T. Vero is President of the Party City Retail Group of the Company. Prior to joining the Company, Mr. Vero served as President, Grocery and Drugstore at Sears Holdings (“Sears”) from November 2012 to October 2016. Prior to joining Sears, Mr. Vero spent eighteen years at OfficeMax, Inc., most recently serving as its Executive Vice President, Chief Merchandising and Marketing Officer.

Michael Correale

Mr. Michael A. Correale has been appointed as Executive Vice President, Chief Accounting Officer, Principal Accounting Officer, Treasurer of Party City Holdco Inc. Prior to that time, Mr. Correale had served as our Chief Financial Officer since March 2002, and Vice President—Finance, from May 1997 to March 2002. Prior to joining the Company, Mr. Correale was the Director of Financial Reporting for Ultramar Corporation and also worked for Ernst & Young LLP.

Todd Abbrecht

Mr. Todd M. Abbrecht is Director of Party City Holdco Inc. He has been a member of our Board since July 2012. Mr. Abbrecht is a Managing Director at THL. Prior to joining THL in 1992, Mr. Abbrecht was in the Mergers and Acquisitions department of Credit Suisse First Boston. Mr. Abbrecht is currently a director of Aramark Holdings Corporation, CSafe Global, Curo Health Services, Inc., Fogo de Chão, Healthcare Staffing Services, Intermedix Corporation, inVentiv Health, Inc., PCI Pharma Services and ProPT. His prior directorships include Warner Chilcott plc and Dunkin’ Brands Group, Inc. Mr. Abbrecht holds a B.S.E. in Finance from the Wharton School of the University of Pennsylvania and an MBA from Harvard Business School. Mr. Abbrecht’s experience serving as a director of various companies and his affiliation with THL, whose affiliated funds are entitled to elect a certain number of directors, led to the conclusion that he should serve as a director of our Company.

Jefferson Case

Mr. Jefferson M. Case is Director of Party City Holdco Inc. He has been a member of our Board since July 2012. Mr. Case is a Managing Director at Advent. Mr. Case originally joined Advent in 2001. He left the company in 2004 and attended Harvard Business School, before rejoining Advent in 2006. Prior to joining Advent, Mr. Case worked at Bowles Hollowell Conner / First Union, a leading middle-market M&A investment bank, and in the corporate development group of Danaher Corp. Mr. Case currently serves on the board of directors of International Coffee & Tea, LLC, Noosa Yoghurt, LLC, Serta Simmons Bedding, LLC and Sovos Brands Super Holdings, Inc. and has served on the board of directors of Hudson Group. He holds a B.A. in economics from Davidson College and an MBA from Harvard Business School. Mr. Case’s experience serving as a director of various companies and his affiliation with Advent, whose managed funds’ common stock holdings entitle it to elect a certain number of directors, led to the conclusion that he should serve as a director of our Company.

Steven Collins

Mr. Steven J. Collins is Director of Party City Holdco Inc. He has been a member of our Board since July 2012. Mr. Collins is a Managing Director at Advent International. Mr. Collins joined Advent in 1995 and rejoined after graduate school in 2000. Mr. Collins is a member of the board of directors of Bojangles’, Kirkland’s, and lululemon athletica, all which are publicly traded, and privately-held retailer Charlotte Russe. He was a member of the board of specialty retailer Five Below from 2010 to 2015. He holds a BA and BS from the University of Pennsylvania and The Wharton School, and an MBA from Harvard Business School. Mr. Collins’ experience serving as a director of various companies and his affiliation with Advent, whose managed funds’ common stock holdings entitle it to elect a certain number of directors, led to the conclusion that he should serve as a director of our Company.

Uttam Jain

Mr. Uttam K. Jain is Director of Party City Holdco Inc. He has been a member of our Board since July 2012 and has served as a senior advisor to the Company since April 2017. Mr. Rittenberg served as our Executive Chairman from January 2014 through March 2017. From 1997 until January 2014, Mr. Rittenberg served as our Chief Executive Officer. From May 1997 until December 1997, Mr. Rittenberg served as acting Chairman of the Board of Directors of Party City Holdings Inc. From October 1996 until May 1997, Mr. Rittenberg served as our President, and from March 1990 to October 1996 he served as our Executive Vice President of Product Development and Sales. Mr. Rittenberg’s extensive experience in the decorated party goods industry, his 26-year tenure and his prior experience as our Chief Executive Officer led to the conclusion that he should serve as a director of our Company.

Joshua Nelson

Mr. Joshua M. Nelson is Director of Party City Holdco Inc. He has been a member of our Board since July 2012. Mr. Nelson is a Managing Director at THL. Prior to joining THL in 2003, Mr. Nelson worked at JPMorgan Partners, the private equity affiliate of JPMorgan Chase. Mr. Nelson also worked at McKinsey & Co. and The Beacon Group, LLC. Mr. Nelson is currently a director of Advanced BioEnergy, LLC, CSafe Global, Curo Health Services, Inc., Healthcare Staffing Services, Intermedix Corporation, inVentiv Health, Inc., Professional Physical Therapy (“ProPT”) and Hawkeye Energy Holdings, LLC. His prior directorships include 1-800 Contacts. Mr. Nelson holds an A.B., summa cum laude, in Politics from Princeton University and an MBA with Honors from Harvard Business School. Mr. Nelson’s experience serving as a director of various companies and his affiliation with THL, whose affiliated funds are entitled to elect a certain number of directors, led to the conclusion that he should serve as a director of our Company.

William Creekmuir

Mr. William S. Creekmuir is an Independent Director of Party City Holdco Inc. He has been a member of our Board since March 2016. Mr. Creekmuir is the owner and President of Pinnacle Search Partners LLC (“Pinnacle”), an executive search firm, and has served in that capacity since December 2015. Mr. Creekmuir served as an Executive Search Consultant of Pinnacle from January 2015 to November 2015. Since October 2011, Mr. Creekmuir has also served as an independent consultant, including with respect to Pinnacle and as the interim Chief Financial Officer of Sleep Innovations, Inc. from October 2013 until April 2014. Prior to his time as an independent consultant, Mr. Creekmuir served as Executive Vice President and Chief Financial Officer of Simmons Bedding Company from 2000 to 2011 and LADD Furniture, Inc. from 1992 to 2000. Prior to joining LADD Furniture, Inc., Mr. Creekmuir was a partner at KPMG LLP. He also serves on the boards of several for-profit and not-for-profit entities. He holds a BS in business administration from the University of North Carolina at Chapel Hill and he is a certified public accountant. Mr. Creekmuir’s extensive experience in financial executive roles led to the conclusion that he should serve as a director of our Company.

Lisa Klinger

Ms. Lisa Klinger is an Independent Director of Party City Holdco Inc. She has been a member of our Board since June 2015. Ms. Klinger is the Chief Administrative and Financial Officer for Peloton Interactive, Inc. Ms. Klinger also served as Chief Financial Officer and Treasurer for Vince Holding Corp. from December 2012 through June 2015 and Chief Financial Officer and Treasurer of Kellwood Holding Corp. from December 2012 until November 2013, prior to the Vince Holding Corp. initial public offering and related restructuring transactions. Previously, Ms. Klinger served as Executive Vice President and Chief Financial Officer of The Fresh Market, Inc., a specialty food retailer, from 2009 until 2012. Prior to that, Ms. Klinger served as interim Chief Financial Officer of Michael’s Stores during 2008 and Senior Vice President of Finance and Treasurer from 2005 to 2009. Ms. Klinger previously served as Assistant Treasurer at Limited Brands from 2000 to 2005. She holds a B.S.B.A. from Bowling Green State University. Ms. Klinger’s extensive experience in leadership and corporate finance led to the conclusion that she should serve as a director.

Norman Matthews

Mr. Norman S. Matthews is an Independent Director of Party City Holdco Inc. He has been a member of our Board since May 2013. Mr. Matthews has worked as an independent consultant and venture capitalist since 1989. From 1978 to 1988, Mr. Matthews served in various senior management positions for Federated Department Stores, Inc., including President from 1987 to 1988. Mr. Matthews currently serves on the board of directors of Henry Schein, Inc., Spectrum Brands, Inc. (as Chairman of its nominating and governance committee) and as Chairman of the Board of The Children’s Place, Inc. Mr. Matthews is director emeritus of The Progressive Corporation, Sunoco, Inc., Toys ‘R’ Us, Inc. and Federated Department Stores, Inc. and a trustee emeritus at the American Museum of Natural History. During the past five years, Mr. Matthews served on the board of directors of Finlay Enterprises, Inc. and The Progressive Corporation. In 2005, Mr. Matthews was named as one of eight outstanding directors by the Outstanding Directors Exchange (an annual award voted on by peer directors and awarded to an outstanding director for the key role he played during a crisis, business transformation or turnaround). Mr. Matthews’ extensive experience in strategic marketing and sales with over 30 years of experience as a senior business leader in marketing and merchandising at large public companies and his valuable expertise in compensation programs and strategy led to the conclusion that he should serve as a director of our Company.

Morry Weiss

Mr. Morry J. Weiss is an Independent Director of Party City Holdco Inc. He has been a member of our Board since June 2015. Mr. Weiss is the Chairman of the Board of American Greetings Corporation and has worked there for over 50 years, serving in positions that also include President, Chief Executive Officer, and Chief Operating Officer. He also serves on the board of directors of Cleveland Clinic. Mr. Weiss served as a director of National City Corporation (a publicly-held financial holding company) from 1991 until its sale in 2008. Mr. Weiss attended Wayne State University and earned a BA in Liberal Arts from Case Western Reserve University. Mr. Weiss’ experience as an executive and his extensive experience in the retail industry led to the conclusion that he should serve as a director.

Deborah Belevan

Basic Compensation