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    BARK   US68622E1047

BARK, INC.

(BARK)
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Delayed Nyse  -  04:00 2022-06-29 pm EDT
1.370 USD   -3.52%
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Cindy Gustafson Joins BARK as Chief Marketing Officer

05/11/2022 | 04:12pm EDT

Seasoned Marketing Executive Brings Proven Experience Growing and Diversifying Consumer Brands

BARK, Inc. (“BARK” or the “Company”) (NYSE: BARK), a leading global omnichannel brand for dogs and their people with a mission to make all dogs happy, today announced the appointment of Cindy Gustafson as Chief Marketing Officer. Ms. Gustafson is a proven marketing leader with deep expertise in e-commerce, subscription-based, and consumer packaged goods businesses. In this role, Ms. Gustafson will spearhead BARK’s marketing organization and is responsible for developing and executing strategies that enhance the BARK brand and drive growth across the Company’s key initiatives. She is based in New York and reports to BARK’s Co-Founder, Executive Chairman, and Chief Executive Officer, Matt Meeker.

“We are thrilled to welcome Cindy to BARK and excited for her to help lead two of our strategic priorities and growth drivers: Be BARK and Food,” said Mr. Meeker. “She will be involved in unifying the BARK brand and customer experience across our product categories, with a focus on growing our presence in food. Cindy is a recognized thought leader and accomplished practitioner in marketing, advertising, and media, with significant experience growing subscription-based businesses and building lasting connections with consumers. Her love for dogs will help continue to advance our mission to make dogs as happy as they make us.”

Most recently, Ms. Gustafson served as the Global Chief Marketing Officer at WW International, Inc. (“WW”), formerly Weight Watchers, where she successfully led the company’s efforts to build a global marketing practice, modernize the brand, diversify the consumer base, and accelerate performance-marketing efforts. In her four years at WW, Ms. Gustafson oversaw all dimensions of brand strategy and activation, insights, full-funnel media planning, investment and advertising, and ambassador efforts to drive recruitment and retention, as well as built a multi-tiered influencer marketing practice in-house.

“As a career-long brand builder, I have profound admiration for the unique and impactful voice BARK has honed over time, as well as the deep relationships the Company possesses with its millions of passionate customers,” said Ms. Gustafson. “BARK’s digitally-native, data-driven, and dog-obsessed culture positions the Company to thrive in today’s consumer era. The purity, focus, and commitment the team has to its mission – and how it drives everything BARK does – is what makes this opportunity so remarkable for me. I look forward to continuing to enhance the lives of dogs and their parents.”

Ms. Gustafson has more than 20 years of experience working for some of the world’s most recognizable brands across a diverse group of industries, including Nike, American Express, Jaguar/Land Rover, Unilever, Booking.com, Volvo and Royal Caribbean International. Prior to joining WW in 2018, she worked at global media agency Mindshare for more than a decade, holding several roles, including founder of Invention Studio and Chief Strategy Officer. Throughout her tenure, she was responsible for leading the various brands' strategic roadmap and reinventing what media can do for brands in an age of digital disruption. Ms. Gustafson has received recognition for several professional accomplishments, including an induction into the American Advertising Federation’s Hall of Achievement, inclusion in Ad Age’s “40 under 40”, Adweek Media All Star and Cynopsis Media’s Top Women in Digital. She holds a Bachelor of Science in Communication and Media Studies from Ithaca College. She lives in Larchmont, New York with her husband and two children, and will be welcoming a pup to the family this summer.

About BARK
BARK is the world’s most dog-centric company, devoted to making dogs happy with the best products, services and content. BARK’s dog-obsessed team applies its unique, data-driven understanding of what makes each dog special to design playstyle-specific toys, wildly satisfying treats, personalized meal plans and supplements, and dog-first experiences that foster the health and happiness of dogs everywhere. Founded in 2012, BARK loyally serves dogs nationwide with themed toys and treats subscriptions, BarkBox and BARK Super Chewer; custom product collections through its retail partner network, including Target and Amazon; its high-quality, personalized nutrition and meal plans with BARK Food; and health and wellness products that meet dogs’ needs with BARK Bright®. At BARK, we want to make dogs as happy as they make us because dogs and humans are better together. Sniff around at bark.co for more information.


© Business Wire 2022
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Financials (USD)
Sales 2023 556 M - -
Net income 2023 -61,4 M - -
Net Debt 2023 - - -
P/E ratio 2023 -3,91x
Yield 2023 -
Capitalization 240 M 240 M -
Capi. / Sales 2023 0,43x
Capi. / Sales 2024 0,35x
Nbr of Employees 643
Free-Float 62,7%
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Mean consensus BUY
Number of Analysts 2
Last Close Price 1,37 $
Average target price 8,00 $
Spread / Average Target 484%
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Managers and Directors
Matt M. Meeker Executive Chairman & Chief Executive Officer
Howard R. Yeaton Chief Financial Officer
Nari Sitaraman Chief Technology Officer
Jonathan J. Ledecky Independent Director
Joanna Coles Independent Director
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