お知らせ • Aug 10
1847 Holdings LLC Announces New Board Appointments
Effective as of August 2, 2022, the board of directors of 1847 Holdings LLC increased the size of the board from three to seven members and appointed Clark R. Crosnoe, Tracy S. Harris, Glyn C. Milburn and Lawrence X. Taylor to the board of directors to fill the vacancies created by such increase. The Board determined that each newly appointed director is independent within the meaning of the rules of NYSE American. Below is certain biographical information regarding the newly appointed directors. Clark R. Crosnoe. In 2009, Mr. Crosnoe founded CRC Capital LLC and Manager of the CRC Investment Fund LP. As managing member of CRC Capital LLC, Mr. Crosnoe is responsible for strategy, oversight and the day-to-day investment decisions of the fund. The portfolio typically includes investments in the consumer, financial, healthcare, industrial and energy sectors. In 1999, Mr. Crosnoe was a founding employee of Parallel Investment Partners where he was named partner in 2003. As a partner, he was responsible for sourcing, evaluating, structuring, executing and monitoring investments, and also dedicated a substantial portion of his time to marketing activities for the firm. Mr. Crosnoe began his career in investment banking at Wasserstein Perella & Co. and also gained valuable experience at multi-billion dollar hedge fund HBK Investments. Mr. Crosnoe also serves on the board of directors of 1847 Goedeker Inc. Mr. Crosnoe holds undergraduate degrees from the University of Texas at Austin and earned an MBA from Harvard Business School in 1996. The Company believes that Mr. Crosnoe is qualified to serve on the board due to his approximately 24 years of private and public investment and advisory experience. Tracy S. Harris. Ms. Harris is an accomplished executive, board member, and advisor with over 20 years of broad operational and finance experience. Since July 2021, Ms. Harris has served as Executive Vice President, Chief Financial Officer and Treasurer of MIB Group, LLC. Prior to that, she was the Chief Financial Officer for UMGC\Ventures, from December 2019 to May 2021, and the Chief Financial Officer and Chief Business Officer of Bullis LLC, from July 2015 to November 2019. She previously worked on the financial turnarounds of Philadelphia and the District of Columbia as a municipal finance expert. She also worked in the heavily regulated financial services industries for over ten years in banking and insurance. Since April 2019, she has served as chair of the audit and compliance committee and on the investment and benefits committees of the District of Columbia Retirement Board, where she evaluates private equity, real estate, alternative assets and international investments for the $11 billion pension fund and monitors state and regulatory compliance, as well as portfolio performance and asset allocation. Since October 2020, she has served as a board member of CareFirst Blue Cross Blue Shield, and its subsidiary companies, where serves on the finance, audit and governance committees. Previously, she served on the boards and committees (finance, investment and audit) of multiple companies. Ms. Harris is a Governance Fellow with the National Association of Corporate Directors, or NACD, since 2015 and was the first recipient of the Washington Business Journal’s Financial Excellence Award in 2007. After earning an MPA from the University of Pennsylvania, Ms. Harris completed the General Management Program at Harvard Business School. She received an MBA from St. Louis University and a BS in Marketing from Fontbonne University. The Company believes that Ms. Harris is qualified to serve on the board due to her extensive finance and governance experience. Glyn C. Milburn. Since February 2016, Mr. Milburn has served as a Partner at Jimmy Blackman & Associates, where he is responsible for business strategy, client management, communications and campaign management for a client portfolio comprised of large public safety labor unions, banking/finance companies, and hotel operators across the State of California. From April 2013 to January 2016, Mr. Milburn served as a Special Assistant in the City of Los Angeles where he held two positions in the City of Los Angeles, one in the Office of Los Angeles Mayor Eric Garcetti’s Office of Economic Development and another in the Office of Los Angeles Councilman Dennis Zine. From August 2012 to March 2013, Mr. Milburn co-Founded Provident Investment Advisors LLC, where he served as Managing Member. Mr. Milburn also serves on the board of directors of 1847 Goedeker Inc. Mr. Milburn holds a B.A. degree in Public Policy from Stanford University. The Company believes that Mr. Milburn is qualified to serve on the board of directors due to his valuable background in policy development, regulatory and strategic planning experience. Lawrence X. Taylor. As a C-level executive, advisor, and board member with more than 30 years of business experience, he has guided organizations through complex restructurings, acquisitions, corporate development activities and capital transactions totaling over $20 billion. His experience spans start-ups to private companies to publicly traded companies and includes diverse companies across multiple industries including casino gaming, hospitality, manufacturing, aviation, real estate, retail, and healthcare. Since 2004, Mr. Taylor has served as President of Taylor Strategy Group. From 2004 to 2013, Mr. Taylor was a Partner and Managing Director with Odyssey Capital Group. Since 2021, he has served on the board of Item 9 Labs, where he serves as the lead independent director and on the audit committee (as chair), compensation committee (as chair) and nominating and governance committee. Since 2021, he has also served on the board and finance committee of Two Second Media. From 2018 to present, Mr. Taylor has served on the board of Barrie House Coffee, and from 2014 to present, he has served on the board of CLP Holdings III, LLC. At Barrie House Coffee, he chairs the M&A committee and serves on the strategic planning committee. Previously, he served on the boards and committees (M&A, strategic planning, restructuring, finance and compensation) of multiple companies. Mr. Taylor is an NACD Board Leadership Fellow. Additionally, he was recognized as a “Director to Watch 2020” by the Private Company Director Magazine. Mr. Taylor holds a Bachelor of Science degree in Finance from Louisiana Tech University. The Company believes that Mr. Taylor is qualified to serve on the board due to his deep financial expertise, strategy, and governance experience. Each newly appointed director was appointed until his or her successor is duly elected and qualified.
