GigaCloud Technology Inc (Nasdaq: GCT) has announced the appointment of Kerry Lebensburger to its Board of Directors, effective August 17, 2025. This decision follows the retirement of Lorri Kelley, who served on the Board for two years. GigaCloud’s Board remains composed of five members.
Lebensburger brings a wealth of experience to GigaCloud, having spent nearly three decades as the former President of Ashley Furniture, one of the largest furniture companies in the United States. He retired in 2023, having held various senior leadership positions in sales, marketing, merchandising, product development, and business growth during his tenure. Additionally, he has contributed to the industry through his involvement on the boards of the American Home Furnishings Hall of Fame, The Home Furnishings Association, and the Las Vegas Home Furniture Association. His contributions have garnered multiple industry honors.
“I am thrilled to join GigaCloud’s board during this dynamic phase of growth,” Lebensburger stated. He highlighted the company’s impressive trajectory and its impact on the industry. “By redefining how businesses connect and transact, GigaCloud is not only advancing the industry but creating meaningful value for all participants. I look forward to contributing to its continued success.”
Larry Wu, founder, Chief Executive Officer, and Chairman of GigaCloud, expressed enthusiasm for Lebensburger’s appointment. “We are very excited to welcome his expertise and thought leadership as the newest member of our Board of Directors,” he said. Wu emphasized that Lebensburger’s extensive experience in the furniture sector would be invaluable as GigaCloud continues to expand its B2B Marketplace.
Kelley had notified GigaCloud of her intention to retire on August 12, 2025. Her departure is not linked to any disputes with the company or its operations, and she will continue to serve as an advisor to facilitate Lebensburger’s transition. Kelley remarked on her time at GigaCloud, stating, “I have greatly enjoyed my time at GigaCloud, especially witnessing its significant growth. I believe the Company is well positioned to continue this momentum and strengthen its leadership in global B2B technology solutions.”
About GigaCloud Technology Inc
GigaCloud Technology Inc is recognized as a pioneer of global end-to-end B2B technology solutions for large parcel merchandise. The company’s B2B e-commerce platform, known as the “GigaCloud Marketplace,” integrates various features such as discovery, payments, and logistics into a single user-friendly platform. This global marketplace connects manufacturers, primarily located in Asia, with resellers in the United States, Asia, and Europe, allowing for cross-border transactions with confidence and efficiency.
Since its launch in January 2019, GigaCloud has expanded its focus beyond the global furniture market to include other categories such as home appliances and fitness equipment. The company offers a comprehensive solution that ensures products are transported from the manufacturer’s warehouse directly to the end customer’s doorstep at a fixed price.
For further details, visit the company’s website at https://investors.gigacloudtech.com/.
Forward-Looking Statements
This announcement contains “forward-looking statements” that reflect GigaCloud’s current views about future events. These statements involve known and unknown risks and uncertainties and are based on the company’s expectations regarding future events that may affect its financial condition and business strategy. Investors can identify these forward-looking statements through terms such as “may,” “will,” “expect,” and similar expressions. GigaCloud does not undertake any obligation to update or revise these statements except as legally required.
For investor and media inquiries, please contact:
GigaCloud Technology Inc Investor Relations – [email protected]
PondelWilkinson, Inc.
Laurie Berman (Investors) – [email protected]
George Medici (Media) – [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b8bd8b5-6171-42e3-8852-da42f88427b1.
