NEW YORK, June 20, 2024 /PRNewswire/ -- Pegasus Home
Fashions, LLC., a leading manufacturer and distributor of bed
pillows and utility bedding products, has named industry veteran
Hugh Rovit as Chief Executive
Officer.
"The board is thrilled to have Hugh join Pegasus at this
exciting inflection point for the Company," said Matthew Kahn, lead independent director. "His
experience transitioning and scaling consumer-facing businesses to
industry leadership stature perfectly syncs with our exit from
bankruptcy with plenty of growth capital to drive customer revenue
across all distribution channels."
Rovit joins Pegasus having served as chief executive officer of
two home textile businesses -- Ellery Homestyles, the leading
manufacturer and distributor of branded and private label
functional window curtains from 2013 to 2019 and earlier with Sure
Fit, the manufacturer and distributor of home furnishing products
from 2006 to 2012 -- before the sale of those companies to other
industry buyers. Since 2020, he served as CEO of S'well, the
distributor and marketer of reusable hydration bottles and MISSION,
the distributor and marketer of cooling and heat relief products.
Rovit also has served on the board of directors of more than 11
consumer durable businesses since 2004, including a directorship
with Spectrum Brands since 2010.
"I'm very excited to return to home textiles with the Pegasus
franchise," Rovit said. "My passion and experience in accelerating
growth for founder-owned companies by topgrading management
and functional expertise, invigorating innovative product
development and deploying systems to drive efficiencies and
productivity improvements throughout the supply chain will raise
standards that exceed the expectations of our retail partners, our
employees and most importantly the end-consumer. Pegasus concluded
a transformation through the bankruptcy process with utmost
transparency to all stakeholders and now with ample liquidity, we
are poised for a steep and sustainable growth trajectory."
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SOURCE Pegasus Home Fashions LLC