SEMINOLE, Fla., May 31, 2022 (GLOBE NEWSWIRE) — Superior Group of Companies, Inc. (SGC), is pleased to announce that the Company’s Board of Directors has appointed Michael Koempel as Chief Financial Officer (Chief financial) of the Company, as of May 31, 2022.
Koempel, with over 30 years of financial experience, has an impressive track record of building and scaling high-growth apparel and retail brands. Most recently, Koempel was COO of IT’SUGAR®one of the largest specialty candy retailers in the United States. Prior to that, Koempel served as COO of Victoria’s Secret Lingerie, a multi-billion dollar online and in-store retailer specializing in lingerie and apparel, from April 2017 to August. 2020, and Chief Financial Officer of Mast Global, which is the supply chain division of L Brands Inc. (now named Bath & Body Works®) from 2007 to 2017, among other positions. Koempel holds a bachelor’s degree in business administration from the University of Dayton and is a certified public accountant (currently inactive).
Koempel will report directly to SGC Chairman and CEO Michael Benstock.
“We are very pleased to welcome Mike to SGC,” said Benstock. “Mike brings with him excellent leadership and team building skills, honed in companies that have enjoyed substantial success while he was part of their senior management. His vast experience both overlaps and complements our current activities. We look forward to leveraging Mike’s knowledge and passion to grow SGC. »
Koempel said: “I am fully aware of the responsibility SGC has given me as the financial manager of such a legendary but still evolving company. SGC is ready to convert its strategic initiatives, and I look forward to helping drive that growth. It is never easy to take over from a long-serving and successful executive, but knowing that Andy has chosen me as his successor and having him stay with the company for the short term will help smooth the transition.
Along with Koempel’s hiring comes the announcement that Andrew D. Demott, Jr. will step down as Chief Financial Officer, effective May 31, 2022, but will remain with the company as Chief Financial Officer. operation and as an administrator. Demott intends to retire as an employee in 2023.
SGC CEO Michael Benstock said: “Andy has been a very important part of SGC’s success over the past 24 years. While I am professionally and personally saddened that Andy is retiring as an employee in 2023, I am pleased to know that Andy will remain with the Company as Chief Operating Officer for a period of time, and that his handpicked replacement is ready to hit the ground running.
Demott went on to add, “I have had no greater professional love than being an employee of SGC. It has truly been a privilege to work alongside Michael, our Board of Directors and the rest of the SGC team for decades. I could not be more proud of what we have accomplished and of the lives of many employees, shareholders, customers and other constituents on whom we have had a positive impact. The decision to retire is never easy to make. It’s all the easier to know that the Company’s financial leadership is in good hands; I’m excited to see where Mike’s vision, energy, preparation and passion will take SGC in the years to come.
AAbout Superior Groupp by companotthat is to say invs. (SCG):
Superior Band ohfCohmpanything™, formerly Superior Uniform Group, established in 1920, is a combination of companies that help customers unleash the power of their brands by creating extraordinary brand experiences for employees and customers. It provides personalized support to each of its divisions thanks to its shared services model.
fashion seal® and VSReso IDyourace™ are iconic medical apparel divisions of Superior Group of Companies, Healthcare. Each is a leading US provider of caregiver uniforms and image apparel. They specialize in innovative uniform program design, global manufacturing and state-of-the-art distribution. Every day, more than four million Americans come to work wearing a uniform from Superior Uniform Group, Healthcare.
BAMKO®, Tangerine Specials®, Public identity®Gifts by Design™Sutter’s Mill Specialties™ and Guardian products™ are promotional products and trademarks of Superior Group of Companies. They provide unique custom branding, design, sourcing and marketing solutions to some of the world’s most successful brands.
HPI® is Superior Group of Companies Employee Identification Branded Uniform Division. HPI is one of our nation’s largest and most respected designers, manufacturers and fulfillment companies. More than two million people walk to work every day wearing HPI uniforms.
Office gurus® is a global provider of personalized call and contact center support. A true strategic partner, The Office Gurus implements customized solutions for its clients to accelerate their growth and improve their customers’ service experiences.
SGC’s commitment to service, technology, quality, and value-added benefits, along with its financial strength and resources, provides unparalleled support for the diverse needs of its customers while adopting a “Customer Driven” approach. first, every time! philosophy and culture in all its sectors of activity.
Visit wwww.superiorgroupohcompanys.vsohm for more information.