Casper Expands Executive Leadership Team

NEW YORK--(BUSINESS WIRE)--Casper Sleep Inc. (“Casper”) (NYSE: CSPR) the award-winning sleep company, today announced several leadership appointments, including Charles Liu as Chief Operating Officer, Dara Williams as Chief People and Diversity Officer, and George Poulios, Vice President of Retail, Real Estate and Store Development.

“We are thrilled to welcome this bench of remarkable leaders to the team as we continue to strengthen Casper’s leadership in a way that reflects our core values,” said Philip Krim, co-founder and Chief Executive Officer at Casper. “Dara, Charles, and George bring critical skills and know-how to both our culture and business operations as we further our commitment to improve diversity and inclusion, while scaling our business to bring better sleep to all.”

• Charles Liu, Chief Operating Officer: Charles brings more than 20 years of experience in end-to-end supply chain management and corporate operations to his role at Casper. Most recently, Charles was Vice President of Supply Chain for Walmart’s e-commerce division, where he delivered meaningful operating efficiencies across supplier relationships and negotiations, inventory, logistics, and customer promise. Throughout his career, Charles held various leadership roles at companies including Whirlpool, Ahold USA, and Walgreens. At Casper, Charles will oversee all end-to-end supply chain functions, including Sourcing, Product Engineering, Compliance, Quality, Supply Planning, Production, Logistics, and Customer Experience Support. Emilie Arel, President and Chief Commercial Officer, will remain principal operating officer.
  
• Dara Williams, Chief People and Diversity Officer: Dara is a senior Human Resources professional with more than 15 years of experience across various HR roles, particularly with high-growth companies. Most recently, Dara served as Vice President of People for LeafLink. Prior to that, Dara held various positions at companies, including Refinery29, Blue Apron, Gilt, and Carat. At Casper, Dara will oversee all areas of HR, while developing and executing the company’s People strategy in support of its overall business plan and strategic direction. Additionally, Dara will sponsor and lead all diversity, equity and inclusion work at Casper, including strategy, education, cultural initiatives, and internal development.
  
• George Poulios, Vice President of Retail, Real Estate and Store Development: George brings over 20 years of global multi-channel luxury and specialty retail experience, previously serving as Head of Field at Enjoy Technology. Prior to that, George held several leadership positions at global companies including Apple, Giorgio Armani, Club Monaco, J. Crew, and Banana Republic. At Casper, George will oversee the Retail Experience and Operations, Real Estate and Store Development, and Visual Merchandising teams, and will focus on bringing the company’s vision, mission, and core values to life across its retail stores.

About Casper

Casper (NYSE: CSPR) believes everyone should sleep better. The Sleep Company has a full portfolio of obsessively engineered sleep products—including mattresses, pillows, bedding, and furniture—designed in-house by the Company’s award-winning R&D team at Casper Labs. In addition to its e-commerce business, Casper owns and operates Sleep Shops across North America and its products are available at a growing list of retailers.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the roles and responsibilities of our leadership team; our business strategy and plans, and objectives of management for future operations and creating long-term value. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: the COVID-19 pandemic could adversely impact our business, financial condition and results of operations; our ability to manage our current operations and to manage future growth effectively; our past results may not be indicative of our future operating performance; our exclusive reliance on third-party contract manufacturers whose efforts we are unable to fully control; our ability to effectively implement strategic initiatives; our ability to transfer our supply chain and other business processes to a global scale; general economic and business conditions; and risks and additional costs relating to our status as a new public company. These and other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2019, as updated by the “Risk Factors” section of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, and our other filings with the Securities and Exchange Commission could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.