Party City Appoints Barry Litwin as New President & CEO
"The team and I look forward to welcoming Barry to the Party City family," said
Barry brings a disciplined model to strategy setting and operational execution that delivers new revenue growth, gross profit improvement, operating expense efficiency. Above all, Barry's passion lies in leading companies and fostering the growth of his team members, with a strong belief that the success of a business is dependent on its people.
Most recently, Barry served as the CEO and Board Member of
Prior to his role at GIC, Barry served as the CEO of
"I am excited to join Party City at a pivotal time as we reposition the business for a stronger future," said Barry. "Party City is a leader in party goods and supplies, and I see many opportunities to strengthen our financial performance and build a leading end-to-end celebration experience for consumers. I look forward to working closely with our team members, the leadership team, and the Board of Directors to create value for all our stakeholders."
About
PCHI operates across multiple businesses within its Retail Division and Consumer Products Division. On the retail side, Party City (partycity.com) is the leading omnichannel retailer in the celebrations category, operating more than 750 company-owned and franchise stores. The Consumer Products Division includes design and manufacturing entity Amscan, an industry leader in celebration décor, tableware, costumes, and accessories.
PCHI is headquartered in
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