“The combination of SGIA and Napco Media has created a unique opportunity in the marketplace, and I’m excited to help achieve its vision,” Cvitanov said. “This coming year will be a revitalising time, for both members and the industry as a whole, I am glad to be a part of it.”
Cvitanov has held senior leadership positions in the B2B space, from entrepreneurial/middle market to large Fortune 500 companies. Cvitanov most recently held the position of president and CEO of Vizant, a privately held independent advisory firm, assisting companies in eliminating transaction fees, improving processes, optimising products and delivering greater business value. He has led the growth and operational execution of a supply chain firm IT services organization, tax and accounting firm, and various leasing companies.
Additionally, he led the development and implementation of an outsourcing strategy for a Fortune 500 company and was a co-founder of a private equity firm. He has also served as director on multiple boards, both for-profit and non-profit.
“We are very pleased to have Cvitanov on board,” Ford Bowers, president & CEO, SGIA, said. “His extensive M&A and board experience, having purchased, integrated and advised on acquisitions and divestitures, will be a major asset to our newly formed organisation with Napco Media. We are building a team to further develop and expand on member benefits, and Andy’s proven ability to uncover growth opportunity and mobilise resources to create value is a perfect fit.”
“Combining two organisations is exciting, but also filled with challenges,” Dave Leskusky, president, Napco Media, said. “Having someone of Cvitanov’s caliber join our team provides years of experience and an outside perspective, which will be beneficial in our short-term execution and our long-term strategy. We are looking forward to being able to provide even more benefits, resources and strategic growth for years to come.”
Fibre2Fashion News Desk (PC)