Management ChangeJun 15, 2026, 04:58 PM
Lovesac Appoints Andrew Farag as Executive VP, CFO and Treasurer
AI Summary
The Lovesac Co. announced the appointment of Andrew Farag as its Executive Vice President, Chief Financial Officer, and Treasurer, effective immediately. Mr. Farag brings over 20 years of strategic finance and operational leadership experience, having served in executive roles across public and private companies. He succeeds Keith Siegner, who will remain with the company for a short transition period. The company also reaffirmed its second quarter and full-year fiscal 2027 financial guidance.
Key Highlights
- Andrew Farag appointed Executive VP, CFO, and Treasurer, effective immediately.
- Farag brings over 20 years of strategic finance and operational leadership experience.
- He previously served as Managing Director at Riveron and held CFO/COO roles.
- Farag earned a BS in Accounting from Purdue and an MBA in Finance from Northwestern.
- Keith Siegner stepped down from the CFO role but will support the transition.
- Lovesac reaffirmed its Q2 and full-year fiscal 2027 financial guidance.
Price Impact
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