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    LOTZ   US1425521085

CARLOTZ, INC.

(LOTZ)
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ACAMAR PARTNERS ACQUISITION CORP. : Change in Directors or Principal Officers (form 8-K)

02/20/2020 | 04:18pm EDT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.



On February 20, 2020, the board of directors (the "Board") of Acamar Partners Acquisition Corp., a Delaware corporation (the "Company"), appointed James E. Skinner as a Class I director of the Company. Mr. Skinner was appointed as a member of the Company's Audit Committee and Compensation Committee. Mr. Solorzano no longer serves as a member of the Company's Audit Committee. The Board has determined that Mr. Skinner qualifies as an independent director under rules of the Nasdaq Stock Market.

Mr. Skinner has held various senior management positions with Neiman Marcus Group, Inc. and its related and predecessor companies from June 2001 until his retirement in February 2016, including serving as Vice Chairman between July 2015 and February 2016, Executive Vice President, Chief Operating Officer and Chief Financial Officer between October 2010 and July 2015, and serving as Executive Vice President and Chief Financial Officer from 2007 to 2010. Mr. Skinner served as Senior Vice President and Chief Financial Officer of CapRock Communications Corp. in 2000 and from 1991 until 2000, Mr. Skinner served in several positions with CompUSA Inc., including Executive Vice President and Chief Financial Officer beginning in 1994. Mr. Skinner also served as a partner with Ernst & Young from 1987 until 1991. Mr. Skinner serves on the board of directors of (i) Fossil Group, Inc. (NASDAQ:FOSL), a global design, marketing and distribution company of consumer fashion accessories, (ii) Hudson Ltd. (NYSE: HUD), one of the largest travel retailers in North America, and (iii) Ares Commercial Real Estate Corporation (NYSE: ACRE), a specialty finance company that originates and invests in commercial real estate loans and related investments. Mr. Skinner holds a B.B.A. from Texas Tech University and is a certified public accountant in Texas. Mr. Skinner provides the Board with extensive leadership experience obtained from his service as a chief financial officer of large organizations and his extensive knowledge in accounting, finance, capital markets, strategic planning and risk management.

No family relationships exist between Mr. Skinner and any other directors or executive officers of the Company. There are no arrangements between Mr. Skinner and any other person pursuant to which Mr. Skinner was nominated as a director of the Company. There are no transactions to which the Company is or was a participant and in which Mr. Skinner has a material interest subject to disclosure under Item 404(a) of Regulation S-K.

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2021 278 M - -
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 631 M 631 M -
Capi. / Sales 2021 2,27x
Capi. / Sales 2022 0,87x
Nbr of Employees 168
Free-Float 73,0%
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Technical analysis trends CARLOTZ, INC.
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 16,00 $
Last Close Price 5,55 $
Spread / Highest target 188%
Spread / Average Target 188%
Spread / Lowest Target 188%
Managers and Directors
NameTitle
Michael W. Bor Chairman & Chief Executive Officer
Thomas W. Stoltz Chief Financial Officer
Daniel A. Valerian Chief Technology Officer
John Foley Chief Operating Officer
Liz Sanders Chief Administrative Officer
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