Karmaloop Inc. announced that Robert R. Price has joined the company as Chief Financial Officer. Price will be a key contributor in the strategic growth and development of the company, leveraging his extensive financial expertise to provide fiscal leadership and insight, enabling Karmaloop to continue its rapid expansion pace.
Price is an accomplished C-level executive with significant operating and financial management expertise. Price brings over 35 years of hands-on experience in driving the growth and profitability of public, private, high-growth, turnaround, and start-up companies in e-commerce and high-tech industries.
Price has significant experience in strategic planning, corporate finance, accounting, and investor relations, and has successfully led the financial operations for both public and private companies. In addition, Price has overseen the development of multiple businesses in varying stages of growth, ranging from start-ups to established corporations expanding internationally.
"Rob is one of those rare executives who has successfully navigated the start-up landscape and has also thrived as a leader in companies with revenue in the hundreds of millions," said Greg Selkoe, Founder and CEO of Karmaloop. "His ability to manage an organization at any stage of its development is a major asset. We'll tap into his expertise as Karmaloop continues to undergo fantastic growth."
"Karmaloop has, by far, one of the most attractive business models in its space," said Mr. Price. "The company is poised for incredible growth and I'm excited to be joining the management team and play an important role in helping to establish the strategy to allow the company to achieve even greater financial success."