Ronald Scott, Chief Financial Officer of Luvu Brands Intends to Resign Effective May 9, 2022
March 11, 2022 at 02:33 pm EST
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On March 10, 2022, Ronald Scott, Chief Financial Officer and Director of Luvu Brands, Inc. (the Company"), notified the Company of his intention to resign from his position as Chief Financial Officer and a member of the Board of Directors, effective May 9, 2022. The resignation of Mr. Scott did not involve any disagreement with the Board, the Company or its management on any matter relating to the Company's operations, policies, or practices. The Company has begun a search for Mr. Scott's replacement as Chief Financial Officer and Mr. Scott has agreed to continue in his current roles as Chief Financial Officer and member of the Board of Directors until the earlier of May 9, 2022 or until his Chief Financial Officer successor is hired.
Luvu Brands, Inc. designs, manufactures and markets a portfolio of consumer lifestyle brands through the Companyâs websites, online mass merchants and specialty retail stores worldwide. The Companyâs brands include Liberator, a brand category of products for enhancing sensuality and intimacy; Avana, Top-of-Bed Comfort products and inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery and chronic pain; and Jaxx, a diverse range of casual fashion daybeds, sofas and beanbags made from virgin and re-purposed polyurethane foam. These products are sold through the Companyâs websites, online mass merchants and retail stores worldwide. The Companyâs various products are offered flat-packed and either roll or vacuum compressed to save on shipping and reduce its carbon footprint. The Companyâs e-commerce websites include liberator.com, jaxxbeanbags.com and avanacomfort.com.
LUVU BRANDS, INC. 
