Business
XWELL, Inc. Names Valerie Lightfoot Chief Financial Officer
NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL), an authority in health and wellness solutions for people on the go, today announced
About this update from Xwell, Inc.
[{"type":"text","content":"NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL), an authority in health and wellness solutions for people on the go, today announced that Valerie Lightfoot has been named Chief Financial Officer, effective June 12, 2023. Ms. Lightfoot joins XWELL with over 25 years of financial leadership experience. During her career, she has helped companies successfully execute organic growth initiatives, integrate acquisitions as well as implement process improvements and achieve improving cashflow. “We are extremely pleased to welcome Valerie Lightfoot as our new Chief Financial Officer,” commented Scott Milford, XWELL’s Chief Executive Officer. “Valerie is a talented executive with a wealth of financial experience and operating expertise across a variety of industry sectors. I’m confident she will help us in achieving XWELL’s operating goals and we look forward to her contributions to our leadership team.” Ms. Lightfoot succeeds Omar Haynes, who has been diligently serving as Interim Chief Financial Officer since June 2022. Mr. Haynes will remain with the Company and resume his former role at Vice President, Finance and Treasury. “I want to personally thank Omar for stepping into the Interim role and helping to advance our core strategies during these past months,” commented Scott Milford. Prior to joining XWELL, Ms. Lightfoot served as CFO for Green River Spirits—a leading manufacturer of spirit brands and home to one of Kentucky’s oldest whiskey distilleries, until it was acquired in 2022. Previously, as CFO for medical device supplier Belimed, she helped drive disciplined growth and favorable operating earnings. Prior, she had served as Director of Product Finance for Blackbaud, a leading cloud software company powering social good, and held several senior management roles for J Three Consulting, a CFO consulting and services firm. Prior, Ms. Lightfoot was CFO for not-for-profit Alliant Credit Union and spent five years at DX, a global provider of technology enabled business solutions and services. She began her professional career at Baxter International. Ms. Lightfoot holds an MBA in Management from Kellogg School of Management at Northwestern University and a BS in finance from the University of Colorado, Boulder. About XWELL, Inc. XWELL, Inc. (Nasdaq: XWEL) is a leading global health and wellness holding compan...