Enjoy Technology Announces Chief Financial Officer Transition
11 Aprile 2022 - 12:10PM
Business Wire
Enjoy Technology, Inc. (“Enjoy” or the “Company”) (NASDAQ:
ENJY), a technology-powered service platform reinventing “Commerce
at Home,” today announced that Fareed Khan, Chief Financial
Officer, has decided to depart the Company to pursue other
opportunities, and Cal Hoagland, an experienced CFO, will join
Enjoy as Interim Chief Financial Officer. Mr. Khan will remain with
Enjoy through the end of April and assist with the transition.
Enjoy intends to launch a comprehensive search for a successor.
“Fareed has been a valued colleague through a pivotal time in
Enjoy’s development and was instrumental as we scaled our business,
introduced innovative new services and became a public company,”
said Ron Johnson, Enjoy Chief Executive Officer. “Fareed has
decided that now is the right time to pursue other opportunities. I
am so grateful for Fareed’s many contributions to Enjoy and I wish
him the very best in his future endeavors.”
Continued Mr. Johnson, “Our team has known Cal for some time and
we are pleased he will be supporting Enjoy in this role. He brings
decades of CFO experience to this position and I believe his
financial acumen, accounting expertise and track record with
growth-oriented companies like Enjoy will be strong assets to our
team during this transition. We believe we are fortunate to have
Cal step into this role and support Enjoy as we execute our plan,
deliver results for our partners and continue our growth and
expansion.”
About Enjoy Technology
Enjoy Technology, Inc. (Nasdaq: ENJY) is a technology-powered
platform reinventing “Commerce at Home” to bring the best of the
store directly to the customer. Enjoy has formed multi-year
commercial relationships with the world’s leading consumer brands
to bring the products, services and subscriptions their customers
love through the door directly in the comfort and convenience of
their homes. Co-founded by former Apple executive Ron Johnson,
Enjoy has pioneered a new retail experience that can do everything
a traditional retail experience offers, but better, through its
mobile stores. Enjoy currently operates in the United States,
Canada and the United Kingdom. Headquartered in Palo Alto, CA,
Enjoy is leading the reinvention of “Commerce at Home.” To learn
more about Enjoy, please visit: www.enjoy.com/.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws. These statements
include, but are not limited to, statements regarding our future
financial and operating performance. These statements are based on
Enjoy’s current expectations, assumptions, estimates and
projections. These statements involve known and unknown risks,
uncertainties and other important factors that may cause Enjoy’s
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements.
Forward-looking statements are based on management’s current
expectations and assumptions regarding Enjoy’s business, the
economy and other future conditions. In some cases, you can
identify forward-looking statements by terms such as “intend,”
“believe,” “expect,” “will,” or the negative of these terms or
other similar expressions. Many factors could cause actual future
events to differ materially from the forward-looking statements in
this letter, including, without limitation, those factors described
in Enjoy’s filings with the Securities and Exchange Commission.
Because forward-looking statements are inherently subject to risks
and uncertainties, some of which cannot be predicted or quantified,
you should not rely on these forward-looking statements as
predictions of future events.
Forward-looking statements speak only as of the date they are
made. New risks and uncertainties arise over time, and it is not
possible for Enjoy to predict those events or how they may affect
Enjoy. If a change to the events and circumstances reflected in
Enjoy’s forward-looking statements occurs, Enjoy’s business,
financial condition and operating results may vary materially from
those expressed in Enjoy’s forward-looking statements. Except as
required by applicable law, Enjoy does not plan to publicly update
or revise any forward-looking statements contained herein, whether
as a result of any new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220411005374/en/
Investors Heather Davis Vice President of Investor
Relations heather.davis@enjoy.com 612-308-3222
Media Abernathy MacGregor Tom Johnson and Dan Scorpio
tbj@abmac.com / dps@abmac.com 917-747-6990 / 646-899-8118
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