VTEX (NYSE: VTEX), the global enterprise digital commerce
platform, today announced the appointment of Silvia Mazzucchelli,
renowned executive of the US Retail & Consumer industry, to its
board of directors. Silvia has vast experience in the American
market as a former C-level executive of companies like GUESS, TOMS
Shoes, American Apparel, ModCloth (a Walmart ecommerce portfolio
company), and The Collected Group (a KKR portfolio company). She is
a senior advisor to retail and consumer practice to The Boston
Consulting Group and serves on corporate boards, including as Chair
of the Board of Coyuchi Inc.; and director of Carbon38. Previously,
she had also served as Chair of the Board of Sequential Brands
Group (Nasdaq: SQBG), director of the PAS Group Ltd. (ASX: PGR),
and two KKR portfolio companies.
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VTEX (NYSE: VTEX) appoints renowned
executive of the US Retail & Consumer industry to its board of
directors (Photo: Business Wire)
With extensive experience in leading American brands and
retailers’ digital transformations, she is an exceptional addition
to VTEX board of directors. The group of industry leaders includes
VTEX’s founders and co-CEOs, Geraldo Thomaz and Mariano Gomide de
Faria, along with Alejandro Scannapieco (CEO at LaLiga Tech - a JV
between Globant & La Liga Española), Arshad Matin (CEO of
Avetta), Benoit Fouilland (CFO of Contentsquare and former CFO of
Firmenich, Criteo and SAP EMEA), and Francisco Alvarez-Demalde
(co-founder and co-managing partner of Riverwood Capital).
Silvia's appointment reflects VTEX's commitment to assembling a
board of notable individuals with diverse backgrounds and deep
retail and tech knowledge to guide VTEX's growth and strategic
initiatives. She will also join the Audit Committee and head the
Strategy Advisory Board.
Mariano Gomide de Faria, founder and co-CEO of VTEX, expressed
his enthusiasm about Silvia joining the board, stating: "Silvia
shares our vision of becoming the backbone for connected commerce.
Her extensive experience in the consumer and retail sectors and her
successful track record in brand and business changes during growth
cycles and digital transformations will add great value to VTEX. We
look forward to continuing unlocking VTEX's potential across the
globe with Silvia onboard."
Together with the other board members, Silvia Mazzucchelli will
play a vital role in guiding VTEX's growth and strategic
initiatives, particularly in driving the company's international
expansion efforts. Mazzucchelli's extensive experience in leading
brand-building strategies, go-to-market expansions, and brands and
retailers' digital transformations will be instrumental in
accelerating VTEX's success.
"I am honored to be part of VTEX’s Board and excited about the
opportunity to drive the evolution of commerce alongside such
innovative and visionary leaders, as Mariano and Geraldo, along
with the VTEX Board and team. I see tremendous opportunities to
fuel and enable fast-paced digital transformations. VTEX is the
best-rated digital commerce platform for unified retail, according
to Gartner. It is best positioned to lead this fast-paced,
ever-evolving sector. The unprecedented fast go-to-market of the
VTEX platform combined with the flexibility of VTEX IO allows
enterprises to modernize their stack to accelerate new channels
adoption," stated Silvia Mazzucchelli, Board member at VTEX.
By embracing the appointment of an accomplished woman, such as
Silvia Mazzucchelli, among its board members, VTEX is strengthening
its focus on its global expansion and on becoming a leading global
enterprise digital commerce platform. "The collective expertise and
diverse perspectives of our board members will undoubtedly shape
VTEX's strategic direction and contribute to its continued
success," concludes Gomide de Faria.
Know more about VTEX’s board members
Silvia Mazzucchelli is an independent member of our Board
of Directors and member of the Audit Committee, since July 2023.
Ms. Mazzucchelli is currently a senior advisor, specialized in
retail and consumer brands to The Boston Consulting Group, and
serves as chair of the board of Coyuchi, a sustainable home
textiles brand, and director of Carbon38, a Footlocker-backed
activewear brand. She previously served as Chair of the board of
Sequential Brands Group, Inc. (Nasdaq: SQBG), a brand management
company with a portfolio of lifestyle brands; as director of PAS
Group Ltd. (ASX: PGR), a leading Australian fashion retailer, and
two KKR portfolio companies.
Ms. Mazzucchelli’s contributions to strategy development,
scaling consumer and retail brands, and digital transformations
leverage 25+ years of track record as a consumer and retail
business leader and advisor. Most recently, Ms. Mazzucchelli served
as CEO of the Collected Group, a KKR company, owner of luxury
brands Joie, Equipment, and Current Elliott, and chief executive
officer for ModCloth, a Walmart ecommerce portfolio company, from
2019 to 2020. Prior to that, Ms Mazzucchelli held a variety of
senior executive roles at American Apparel, Gildan Activewear, Toms
Shoes, Guess? Inc.
Silvia began her career at The Boston Consulting Group where she
spent over 12 years assisting Fortune 500 clients in Consumer and
Retail across North America and Europe. She graduated with an MBA
from the Anderson School of Management at UCLA, and holds a BSBA
degree from Bocconi University in Italy and an International
Business Diploma from the Stockholm School of Economics.
Alejandro Scannapieco is an independent member of our
Board of Directors and co-chairman of the Audit Committee,
positions he has held since May 2021. Currently, he is the CEO of
LaLiga Tech, a joint venture between Globant & La Liga
Española, and Board Advisor for Lean Solutions Group, a digital
outsourcer mainly focused in transport and logistics. Prior to
that, he was the managing director of the Business Hack-ing Studio
at Globant from 2019 to 2022, and previously, he led the US East
Region for Globant and was the chief financial officer from
2008-2018. Alejandro had served as chief financial officer at
Microsoft South Cone (2002-2008) and Patagon.com South America
(1999-2002), an internet startup that was sold to Santander Bank.
He also had served as Senior Finance Analyst at JP Morgan
(1994-1999) and Senior Auditor at EY (1990-1994).
Mr. Scannapieco has been serving as a board member for RetailApp
Inc., a performance management platform for retailers, since 2016.
Mr. Scannapieco holds a postgraduate degree in Capital Markets, a
degree in Public Accounting and a bachelor’s degree in Business
Administration from the Pontificia Universidad Católica Argentina.
He has also completed a postgraduate degree in finance from
Torcuato Di Tella University.
Arshad Matin is an independent member of our Board of
Directors since May 2021. He is the president and chief executive
officer of Avetta, LLC, a private company providing cloud-based
supply chain risk management solutions, which he joined in October
2019. From November 2018 to September 2019, he was an
entrepreneur-in-residence with Warburg Pincus LLC, a private equity
firm. From 2013 to October 2018, he was the president, chief
executive officer and board member of Paradigm Ltd., a leading
developer of software solutions to the global oil and gas industry,
when it was acquired by Emerson Electric Co. From January 2012 to
April 2013, Mr. Matin was executive vice president of IHS Inc., a
publicly-traded company, leading global source of information and
analytics. Mr. Matin joined IHS through the acquisition of Seismic
Micro-Technology, Inc. (SMT), a global leader in the geology and
geophysics software market. He joined SMT in July 2007 and was its
president, chief executive officer and a board member. Before that,
Mr. Matin was general manager of the enterprise security business
unit at Symantec Corporation, which he joined in January 2006 upon
the company’s acquisition of BindView Corporation, a global
provider of agentless IT security compliance software. Mr. Matin
also served as a partner of McKinsey & Company from 1995 to
2004 in their Houston offices. Mr. Matin had served as chairman of
the board of directors of NYSE-listed ASGN, a provider of
information technology and professional services in the technology,
digital, creative, engineering and life sciences fields across
commercial and government sectors. Mr. Matin also had served as a
member of the board of directors of RS Energy Group, a Canadian
business supporting companies in the oil and gas industry with its
data analytics and forensic research, from December 2018 to January
2020.
Mr. Matin serves as a board member or trustee on non-profit
organizations, including the Houston Endowment, Texas Children’s
Hospital and Asia Society Texas Center. He brings extensive
experience managing and advising public and private high-tech
companies. Mr. Matin holds an MBA from the University of
Pennsylvania – The Wharton School, a master’s degree in Computer
Engineering from the University of Texas, and a bachelor’s of
degree in Electrical Engineering from Regional Engineering College
in India.
Benoit Fouilland is an independent member of our Board of
Directors and co-chairman of our Audit Committee, since May 2021.
He is currently chief financial officer of Contentsquare, an
AI-powered digital experience analytics platform. Prior to that,
from September 2020 to May 2023, Mr. Fouilland served as chief
financial officer of Firmenich, one of the world’s largest
fragrance and taste companies. From March 2012 to July 2020, he
served as chief financial officer of Criteo SA, a global
advertising technology company (NASDAQ: CRTO). From September 2009
to March 2012, he served as senior vice president and chief
financial officer for the Europe, Middle East and Africa (EMEA)
region of SAP AG, a multinational software corporation. From April
2008 to September 2009, Mr. Fouilland was the chief financial
officer of Business Objects S.A., an enterprise software company
which was acquired by SAP AG in 2007.
Mr. Fouilland holds an MBA from INSEAD, a Diplôme d’Études
Supérieures Spécialisées degree in Financial Audit from Université
Paris Dauphine and a Business degree from the ESLSCA Graduate
School of Business in Paris.
Francisco Alvarez-Demalde is a member of our Board of
Directors, a position he has held since 2019. He also acted as a
board member and investor in VTEX from 2014 to 2019. Mr.
Alvarez-Demalde is a co-founder and co-managing partner of
Riverwood Capital, a leading growth-capital private equity firm
focused on the global technology industry, and one of the largest
early investors in VTEX. He has built the Riverwood Capital
franchise and been involved in the scalability journey of several
of Riverwood’s portfolio companies since its inception in 2008.
Before starting Riverwood Capital, Mr. Alvarez-Demalde was an
investment executive at Kohlberg Kravis Roberts & Co., where he
focused on leveraged buyouts in the technology industry and other
sectors, and was also with Eton Park Capital Management and Goldman
Sachs & Co.
During his career, Francisco Alvarez-Demalde has led investments
in or been actively involved in the development, operations, and
growth of several successful businesses across North America, Latin
America, and other geographies. He is a former and current director
of and/or advisor to several technology companies, including Alog
Data Centers do Brasil, Billtrust (Nasdaq: BTRS), Dock, Globant
(NYSE: GLOB), Greenhouse, Industrious, Shiphero, among others.
Mr. Alvarez-Demalde holds a bachelor’s degree in economics from
the Universidad de San Andrés, Argentina, which included an
exchange program at the Wharton School at the University of
Pennsylvania. He is also a Global Ambassador with Endeavor, and is
interested in non-profit initiatives related to education. Mr.
Alvarez-Demalde is qualified to serve on our board of directors due
to his considerable business experience in the technology industry
and his background serving as a director of other companies.
Geraldo Thomaz is our founder and co-chief executive
officer, a position he has held since VTEX’s inception. Mr. Thomaz
is also our co-chairman of our board of directors, a position he
has held since 2019. Geraldo developed the VTEX platform under the
SaaS model, providing systems, servers, security, and
infrastructure for enterprise-level companies. Since 2021, he has
also served as a board member for Instituto Reditus, a non-profit
organization in Brazil. Currently, he also leads the Research &
Development teams.
Mr. Thomaz graduated in Mechanical Engineering at Universidade
Federal do Rio de Janeiro (UFRJ). He is qualified to serve on our
board of directors due to his considerable business experience in
the technology industry and his background serving as a director of
other companies.
Mariano Gomide de Faria is our founder and co-chief
executive officer, a position he has held since VTEX’s inception.
Mr. Gomide de Faria is also co-chairman of VTEX’s Board of
Directors, since 2019. Mariano currently leads VTEX’s Growth team,
responsible for Marketing, Sales and Customer Experience.
He graduated in Mechanical Engineering at UFRJ. Mariano is a
teacher at EICOM Institute and lecturer for events like ecommerce
Day, Internet Retailer, eShow, and UNCTAD ecommerce Week. Mr.
Gomide de Faria is qualified to serve on our board of directors due
to his considerable digital commerce experience.
About VTEX
VTEX (NYSE: VTEX) is the enterprise digital commerce platform
where forward-thinking CEOs and CIOs smarten up their investments.
Our composable and complete platform helps brands and retailers
modernize their stack and reduce maintenance costs by rapidly
migrating from legacy systems, connecting their entire value chain,
and making inventory and fulfillment their strength.
As a leader in digital commerce, VTEX is trusted by more than
2,600 B2C and B2B customers, including Carrefour, Colgate,
Motorola, Sony, Stanley Black & Decker, and Whirlpool, having
over 3,400 active online stores across 38 countries (as of FY ended
on December 31, 2022). For more information, visit
www.vtex.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230717856370/en/
Julia Vater Fernández, Investor Relations Director
investors@vtex.com
VTEX (NYSE:VTEX)
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