– Christopher Eastland resigns from the board of directors after 13 years of service
WEST JORDAN, Utah, Aug. 22, 2022 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced that Nancy A. Walsh has been named to Board of Directors of the Company, effective August 19, 2022. Ms. Walsh will be a Class III Independent Director and will be a member of the Audit Committee and Compensation Committee of the Board of Directors.
Christopher Eastland tendered his resignation from the Board of Directors on August 19, 2022, effective immediately. Mr. Eastland served on the board for 13 years and previously served as chairman of the board from 2010 to 2019.
Joseph Schneider, Chairman of the Board of Directors, said: “We are pleased to welcome Nancy to our Board of Directors. His extensive financial leadership and retail experience are a valuable addition to our Board of Directors. We look forward to using his expertise to help us further scale and execute our long-term growth initiatives.
“I served alongside Chris for many years,” continued Schneider. “We thank him for his contributions and many years of service as a valued member of our Board of Directors and wish Chris and his family much success in their new venture in Spain.”
Jon Barker, Chairman and CEO, said, “I look forward to serving on the Board with Nancy and believe she will complement the strength of our Board given her considerable leadership across several notable retail companies during his esteemed career. His leadership and retail experience, along with his knowledge of public company governance, financial expertise and business experience, will be welcome on our Board of Directors.”
On her appointment, Ms Walsh said: “I am honored to join the Sportsman’s Warehouse organization, a specialist outdoor sporting goods retailer in a unique position. Having spent the majority of my career in retail, from fashion and apparel to specialty consumer goods, I believe my skills and experience will complement the needs of the business as we seek to better serve growing clientele. I look forward to working with the board and management to help guide the future of the company.”
Ms. Walsh, 61, has served as Executive Vice President and Chief Financial Officer of LL Flooring Holdings, Inc. (NYSE: LL), a specialty retailer of hard surface flooring, since September 2019. Prior to joining LL Flooring, Ms. Walsh served from January 2018 to April 2019 as Executive Vice President and Chief Financial Officer of Pier 1 Imports, Inc., a furniture and home decor retailer, and from November 2015 to December 2017 as Vice President Executive and Chief Financial Officer of The Bon-Ton Stores, Inc., a department store chain. From March 1999 to December 2013, Ms. Walsh held various financial positions, including as Senior Vice President of Finance at Tapestry, Inc., formerly known as Coach, Inc., a retailer of handbags, leather goods and clothing. Ms. Walsh has also held financial positions at Timberland, Inc., a footwear and apparel retailer. Ms. Walsh earned a bachelor’s degree in zoology from the University of New Hampshire and holds an MBA from Northeastern University.
About Sportsman’s Warehouse Holdings, Inc.
Sportsman’s Warehouse Holdings, Inc. is an outdoor specialty retailer focused on meeting the needs of the seasoned outdoor veteran, first timer and everyone in between. We provide exceptional equipment and exceptional service to inspire memories in the great outdoors.
For press releases and certain additional information about the Company, visit the Investor Relations section of the Company’s website at www.sportsmans.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements contained in this release include, but are not limited to, statements regarding the future growth of the Company. Investors can identify these statements by their use of words such as “continue”, “expect”, “may”, “opportunity”, “plan”, “future”, “ahead” and terms and similar expressions. The Company cannot guarantee investors that future developments affecting the Company will be those which it has anticipated. Actual results could differ materially from these expectations due to many factors, including, but not limited to: current and future government regulations relating to the sale of firearms and ammunition, which may impact supply and demand for the company’s products and its ability to conduct its business; the Company’s retail-based business model; general economic, market and other conditions and changes in consumer spending; the concentration of the company’s stores in the western United States; competition in the outdoor activities and specialty retail market; changes in consumer demands; the company’s expansion into new markets and expected growth; the impact of COVID-19 on the Company’s operations; and other factors which are set forth in the Company’s filings with the SEC, including under the heading “Risk Factors” in the Company’s Form 10-K for the fiscal year ended January 29, 2022 which was filed with the SEC on March 30, 2022, and the Company’s other public documents filed with the SEC and available at www.sec .gov. Should one or more of these risks or uncertainties materialize, or should any of the Company’s assumptions prove incorrect, the Company’s actual results may differ in material respects from those projected in these forward-looking statements. Any forward-looking statement made by the Company in this release speaks only as of the date on which the Company makes it. Factors or events that could cause the Company’s actual results to differ may arise from time to time, and it is not possible for the Company to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by applicable securities laws.
Vice President, Investor Relations and Corporate Development