1847 Goedeker appoints Jim Schneider to its Board of Directors

– USA, MO –  1847 Goedeker Inc. (NYSE American: GOED), one of the largest specialty eCommerce players in the U.S. household appliances market, today announced the appointment of Jim Schneider to its Board of Directors, effective immediately, filling the vacancy created when Selim Bassoul stepped down from the board.

“Our Board is very pleased to advance its ongoing director refresh process by appointing Jim, who brings decades of experience in accounting, capital markets, finance and strategic initiatives and transactions. His background as a Big Four accounting firm partner and CFO will add immediate value to the business as management continues optimizing the capital structure and pursuing long-term growth. He is the ideal addition to the Board at this important point in the Company’s lifecycle.” said CEO, Albert Fouerti.

About Jim Schneider

Jim Schneider possesses a vast background in capital allocation, corporate finance, and strategic planning. He has served as the Chairman of Horizon Bank in Austin, TX since 2006 and as an Operating Partner of Lead Edge Capital, a private equity firm, since 2010. Mr. Schneider joined Dell in 1996 and served for 11 years as SVP of Finance and then also as CFO. He previously was SVP at MCI. Mr. Schneider began his career as an accountant at Price Waterhouse, where he served as a Partner and worked for 19 years. He holds a B.S. degree in Accounting from Carroll University. We believe Mr. Schneider is qualified to serve on our Board due to his extensive finance experience, his prior CFO experience at a public company, and his background in accounting.

About Goedeker

Goedeker is a content-driven and technology-enabled shopping destination for appliances, furniture, and home goods. Since it acquired Appliances Connection, Goedeker has evolved into a growth-oriented eCommerce platform with a distinct offering of core, premium, luxury, and private label brands that can be accessed through a seamless point-and-click experience. The company’s priorities include offering unmatched selection, high-touch product expertise, and reliable shipping from its expanding, nationwide fulfillment network. With more than $500 million in projected annual sales in 2021, Goedeker is one of the fastest-growing pure-play eCommerce companies in home appliances.

For more information: https://www.goedekers.com/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.