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Posted 02 May, 2023

Boxed, Inc. appointed new CEO

CEO Change detected for ticker OTC:BOXDQ in a 8-K filed on 02 May, 2023.


  In connection with the Chapter 11 Cases, the following members of the Company's management team departed the Company: (i) Chieh Huang, Chief Executive Officer, (ii) Veracelle Vega-Hansen, Chief People Officer and (iii) Alison Weick, President of E-Commerce.  

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Overview of Boxed, Inc.
Retail/Wholesale • Food Retail
Boxed, Inc. is an e-commerce retailer and an e-commerce enabler. It operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers. The company enables e-commerce through its Software & Services business, which offers customers in need of an enterprise level e-commerce platform access to company's end-to-end technology. Boxed was founded by Chieh Huang and Jared Yaman in 2013 and is headquartered in New York, NY.
Market Cap
N/A
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Relevant filing section
Item 5.02. 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


In connection with the Chapter 11 Cases, the following members of the Company's management team departed the Company: (i) Chieh Huang, Chief Executive Officer, (ii) Veracelle Vega-Hansen, Chief People Officer and (iii) Alison Weick, President of E-Commerce. The departure of Ms. Weick was effective as of April 30, 2023, and the departures of Mr. Huang and Ms. Vega-Hansen were effective as of May 1, 2023. Mr. Huang continues to serve as a member of the Company's board of directors, and no new compensatory agreements were entered into with Mr. Huang in connection with such continuing service.


The departure of Mr. Huang, Ms. Vega-Hansen and Ms. Weick did not result from any disagreement with the Company or the Board of Directors of the Company. The Company would like to thank Mr. Huang, Ms. Vega-Hansen and Ms. Weick for their commitment and guidance to the Company.