REVOLVE Appoints Oana Ruxandra, Chief Digital Officer of Warner Music Group, to the Board of Directors
18 Janeiro 2022 - 06:05PM
Business Wire
Revolve Group, Inc. (NYSE: RVLV) today announced the appointment
of Oana Ruxandra to its board of directors, as well as the audit
and compensation committees, effective immediately.
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Ruxandra is Chief Digital Officer & EVP, Business
Development at Warner Music Group, where she oversees global
digital partnerships and negotiations with a focus on exploring new
forms of commercial innovation and creating new digital revenue
opportunities. In recent years, Ruxandra’s team has led successful
growth in emerging streaming platforms that have become Warner
Music Group’s fastest-growing source of revenue by partnering with
leading social media, gaming and connected fitness brands. She is
also guiding the company’s expansion into other emerging digital
market opportunities as the world of web3 evolves and more time is
spent in the metaverse and with digital goods (e.g., NFTs).
“We are thrilled to welcome Oana to our board of directors as
her impressive technology background nicely complements the
experience and expertise of our existing board members,” said
co-founder and co-CEO Michael Mente. “Oana is a visionary leader
with a digital-first mindset and an exceptional track record. Her
experience driving consumer engagement across a variety of emerging
digital channels will provide valuable perspective to our board
discussions as we prioritize the many growth opportunities
ahead.”
“I am excited to join the REVOLVE board and to contribute to the
company’s next phase of growth,” said Ruxandra. “REVOLVE has done
an outstanding job of deeply connecting its premium lifestyle
brands with engaged consumers on digital channels globally. I see
great potential to further build upon the momentum generated by
their strong leadership team.”
Ruxandra has steadily advanced into leadership roles with
increasing responsibility throughout her more than seven-year
combined tenure at Warner Music Group, serving as EVP, New Business
Channels – Chief Acquisition Officer prior to her current role. She
has also served as SVP of Digital Strategy and Partnerships for
Universal Music Group. Ruxandra began her career in the financial
services industry, including experience as a portfolio manager at
BlackRock. She holds a B.A. degree in Economics and Political
Science from Columbia University and an M.B.A. from The Wharton
School at the University of Pennsylvania.
Ruxandra is replacing Hadley Mullin on the board. Mullin, a
senior managing director at TSG Consumer and a REVOLVE director
since 2012, submitted her resignation from the board on January 13,
2022 effective upon Ruxandra’s appointment to the board.
“On behalf of the board and leadership team, I want to thank
Hadley for her invaluable contributions and partnership during the
past ten years,” said co-founder and co-CEO Mike Karanikolas. “Her
deep knowledge of consumer markets and strategic thinking played a
critical role in helping us to expand the reach of our brands to
accelerate growth and scale the business, as well as navigate the
IPO process and successfully transition into a public company.”
“I am so proud to have contributed to REVOLVE’s successful
journey over the past ten years,” said Mullin. “It has been a
personal career highlight to help Mike, Michael and their talented
REVOLVE team achieve incredible market share gains through
execution of their innovative approach to nearly all aspects of the
business. As an industry leader with an exceptional brand and
digital first focus, REVOLVE is well positioned for exciting
opportunities ahead as the retail landscape continues to shift
online. I will always be their biggest fan and I look forward to
watching REVOLVE’s continued evolution in the years ahead.”
About Revolve Group, Inc.
Revolve Group (RVLV) is the next-generation fashion retailer for
Millennial and Generation Z consumers. As a trusted, premium
lifestyle brand, and a go-to online source for discovery and
inspiration, we deliver an engaging customer experience from a vast
yet curated offering of apparel, footwear, accessories, and beauty
styles. Our dynamic platform connects a deeply engaged community of
millions of consumers, thousands of global fashion influencers, and
hundreds of emerging, established and owned brands.
We were founded in 2003 by our co-CEOs, Michael Mente and Mike
Karanikolas. We sell merchandise through two complementary
segments, REVOLVE and FWRD, that leverage one platform. Through
REVOLVE, we offer an assortment of premium apparel and footwear,
accessories, and beauty products from emerging, established and
owned brands. Through FWRD, we offer a highly curated assortment of
iconic and emerging luxury brands. For more information, visit
www.revolve.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220118006153/en/
Investor Relations Contact: Erik Randerson, CFA 1-562-677-9513
IR@revolve.com Media Contact: Meghan Murray-Merriman
meghan.murraymerriman@revolve.com
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