Turning Point Brands, Inc. Appoints Yavor Efremov to Its Board and as Member of the Audit Committee
July 13, 2021 at 04:14 pm EDT
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On July 9, 2021, the Board of Directors (the Board") of Turning Point Brands, Inc. (the Company"), determined, upon the recommendation of its Nominating and ESG Committee to increase the size of the Board from eight to nine
directors, and has appointed Yavor Efremov to fill the vacant board position, effective July 9, 2021. Mr. Efremov will also serve as a member of the Audit Committee of the Board. Yavor Efremov currently serves on the board of MDH Acquisition Corp. From April 2019 to November 2019, Mr. Efremov was the CEO of Motorsport Network and was responsible for restructuring the company, hiring a management team, developing a vision for the company and executing on that vision.
Turning Point Brands, Inc. is a manufacturer, marketer and distributor of branded consumer products. It sells a range of products to adult consumers consisting of staple products under the brands Zig-Zag and Stokerâs. Its segments include Zig-Zag Products (Zig-Zag), Stokerâs Products (Stokerâs) and Creative Distribution Solutions. Zig-Zag principally market and distribute rolling papers, tubes, and related products; finished cigars and make-your-own cigar wraps, and CLIPPER reusable lighters and other accessories. Stokerâs manufactures and markets moist snuff tobacco (MST) and contract for and market loose leaf chewing tobacco products. Creative Distribution Solutions segment markets and distributes liquid nicotine products and certain other products without tobacco and/or nicotine; distributes an assortment of products to non-traditional retail outlets via Vapor Beast, and markets and distributes an assortment of products to individual consumers via the VaporFi B2C online platform.
TURNING POINT BRANDS, INC. 
