Texas-based outdoor company Yeti Holdings, Inc., best known for its coolers and drinkware, has announced that its board of directors has appointed Alison Dean, the former executive vice president, chief financial officer and treasurer at iRobot, as an independent director, effective Oct. 30. Dean has more than 30 years of cumulative experience in corporate finance and brings vast knowledge of the consumer and technology industries. She joined iRobot in 2005 to help prepare it for a public offering. Before iRobot, she held several senior financial positions at various high tech companies.
Dean fills the vacancy created by the resignation of Michael E. Najjar. He resigned in order to focus on management of the Cortec Group and its portfolio companies, which also includes Yeti. Najar is a managing partner at Cortec. Currently, Yeti’s board consists of nine members, seven of whom are independent and who collectively possess significant public company experience across strategy, brand building, e-commerce, retail, consumer products, corporate finance, financial management, and product development.
Additionally, David Schnadig, chair of Yeti’s board since June 2012 and co-president of the Cortec Group, announced that he was stepping down as chair of the board and the nominating and corporate governance committee, effective from the 2021 annual meeting of stockholders, but he also confirmed that he is willing to stand for re-election if nominated.