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Riveron promotes Jason von Holstein to Senior Managing Director. July 6, 2026 Share: DALLAS - July 6, 2026 - Riveron, a leading business advisory firm backed by Kohlberg, today announced the promotion of Jason von Holstein to Senior Managing Director. In this role, Jason will continue to lead Riveron's Finance Transformation capability while helping shape the firm's go-to-market strategy, strengthen cross-functional collaboration, and advance integrated solutions that help clients transform their finance organizations. "Jason's promotion reflects the impact he has made for our clients and the leadership he has demonstrated across the firm," said Sam Shaw, Chief Executive Officer of Riveron. "He has been instrumental in growing our Finance Transformation capability, building strong client relationships, and fostering collaboration across our teams. Jason exemplifies the leadership and client-first mindset that differentiate Riveron in the market." Since joining Riveron in 2017, Jason has played a key role in expanding the firm's Finance Transformation practice and leading complex transformation engagements across industries. He has built trusted client relationships while helping organizations modernize finance operations, improve performance, and execute strategic change. Beyond his client work, Jason has helped strengthen Riveron's culture by developing future leaders, supporting technical and leadership training, and mentoring professionals across the firm. "I am honored to step into this role and continue building on the momentum of our Finance Transformation practice," said Jason. "Riveron's collaborative culture and multidisciplinary approach enable us to help clients solve complex challenges and create lasting value. I look forward to working alongside our talented teams to continue delivering exceptional outcomes for our clients and investing in the next generation of leaders." Contact Riveron Consulting, LLC. Riveron partners with evolving enterprises to simplify complexity, enhance value, and make a lasting impact. Let's discuss how Riveron Consulting, LLC can help your organization.

Riveron names David Nolletti Co-Head of Restructuring & Turnaround Services Segment. June 17, 2026 Share: DALLAS - BUSINESS WIRE - Riveron, a leading national business advisory firm backed by Kohlberg, today announced the promotion of David Nolletti to Co-Head of its Restructuring & Turnaround Services Segment. In this role, Nolletti will partner with Steve Wybo and Michael Correra to lead Riveron's Restructuring & Turnaround Services Segment and support its continued growth and evolution. "David's promotion reflects both the impact he has made for our clients and the leadership he has demonstrated across the firm," said Sam Shaw, Chief Executive Officer of Riveron. "He brings a unique combination of restructuring and executive operating experience, industry leadership, and investor perspective that aligns with where we are taking our Restructuring & Turnaround Services business. David will help deepen the value we deliver to clients and accelerate our growth." With more than 20 years of experience in restructuring, operational improvement, private equity, and executive leadership, Nolletti has advised companies, lenders, investors, and boards through periods of transformation and growth. Prior to joining Riveron, he served as President, Chief Executive Officer, and Co-Founder of Cold Mountain Capital, where he acquired and operated aerospace, defense, and industrial manufacturing businesses. He has also served in executive leadership and board roles and as a commissioned officer in the US Army. Since joining Riveron, Nolletti has played a key role in expanding the firm's industry capabilities and strengthening client relationships across the aerospace, defense, aviation, and industrial sectors. He will continue to serve as the firm's Aerospace, Defense, Aviation and Space (ADAS) Industry Lead while focusing on greater alignment across industry and account teams to support growth and enhance the client experience. "As companies face complex market dynamics, clients are looking for advisors who can bring together industry insight, operational expertise, and execution capabilities," said Nolletti. "Riveron has built a platform that combines those strengths. I am excited to partner with Steve, Michael, and our leadership team to continue growing the business, investing in our people, and delivering exceptional outcomes for our clients." About Riveron. Founded in 2006, Riveron supports the Office of the CFO, solving complex challenges and creating lasting improvements to finance, accounting, and technology functions. With more than 1,200 professionals across 18 international offices, Riveron teams bring industry perspective and a full suite of solutions to address M&A, financial distress, technology transformation, process improvement, and other complex performance improvement needs. Riveron is backed by affiliates of Kohlberg, with H.I.G. Capital maintaining a minority investment. Contact Riveron Consulting, LLC.. Riveron partners with evolving enterprises to simplify complexity, enhance value, and make a lasting impact. Let's discuss how Riveron Consulting, LLC. can help your organization.

Lovesac (NASDAQ: LOVE) names new CFO, posts Q1 net sales of $138.2M. By Patricia Miller Jun 16, 2026 Lovesac appoints Andrew Farag as CFO as the furniture retailer reports Q1 net sales of $138.2M and reaffirms full-year fiscal 2027 guidance. The Lovesac Company (NASDAQ: LOVE) has appointed Andrew Farag as Executive Vice President, Chief Financial Officer and Treasurer, effective June 15, 2026, as the Stamford, Connecticut-based furniture retailer reported first quarter fiscal 2027 net sales of $138.2 million. Farag succeeds Keith Siegner, who stepped down from the CFO role. Siegner will remain with the company for a short period to support the transition. The appointment follows Lovesac's Q1 fiscal 2027 results for the 13 weeks ended May 3, 2026, released June 11, 2026. Andrew Farag brings 20-plus years of finance and operations experience. Farag joins from Riveron, where he served as Managing Director providing strategic finance and corporate advisory services. He previously held roles at Ankura Consulting and has served as CFO and COO at Net Retailers, Inc., Dynamic Communities, and rEvolution Marketing. His background spans consumer goods, retail, and manufacturing companies, including those the company said were scaling toward $2 billion in revenue. Farag holds a Bachelor of Science in Accounting from Purdue University's Krannert School of Management and an MBA in Finance from Northwestern University's Kellogg School of Management. "Having worked with Andrew previously in a consulting capacity, we saw firsthand the value he brings to complex business challenges," said Shawn Nelson, Chief Executive Officer of Lovesac, in the statement. "His proven ability to optimize financial operations, lead systems implementations, and drive business growth and margin improvements through marketing, supply chain, manufacturing, and organizational strategic initiatives aligns perfectly with our strategic priorities." Q1 net sales flat as tariff costs weigh on gross margin. Net sales in Q1 fiscal 2027 were $138.2 million, down 0.1% from $138.4 million in the prior year period. The decline reflected the closure of Best Buy shop-in-shop locations and a 1.0% decrease in omni-channel comparable net sales, partially offset by 14 net new showrooms. Showroom net sales rose 0.6% to $97.1 million. Internet net sales increased 7.1% to $35.7 million. Other channel revenue, which included the Best Buy locations, fell 36.3% to $5.5 million. Gross margin declined 160 basis points to 52.1%, from 53.7% in the prior year period. The company attributed the contraction primarily to increases of 380 basis points in inbound transportation and tariff costs and 110 basis points in outbound transportation and warehousing costs, partially offset by a 330 basis point improvement in product margin from price increases and cost reduction initiatives. Net loss was $11.1 million, or $(0.76) per diluted share, compared to a net loss of $10.8 million, or $(0.73) per diluted share, in the first quarter of fiscal 2026. Adjusted EBITDA was a loss of $10.5 million, compared to a loss of $8.4 million in the prior year period. Cash and cash equivalents were $57.0 million as of May 3, 2026, compared to $26.9 million a year earlier. The company had no outstanding balance on its credit line. Domestic manufacturing and new products ahead as full-year guidance reaffirmed. The company reaffirmed its full-year fiscal 2027 guidance, projecting net sales of $700 million to $740 million, Adjusted EBITDA of $35 million to $46 million, and net income of $5 million to $12 million, equivalent to diluted earnings per share of $0.34 to $0.81. For the second quarter of fiscal 2027, Lovesac projected net sales of $157 million to $166 million and a net loss of $3 million to $7 million. The company also said it expects to recognise approximately $3.6 million in IEEPA tariff refunds, including interest, in the second quarter. The company said domestic production of Sactionals seat inserts is set to begin in summer 2026 as part of a "Made in America" initiative intended to reduce cost exposure to tariffs and overseas shipping disruptions. Management said the reclining seat was included in one in every three new Sactionals setups during the quarter. Lovesac competes in the specialty home furnishings market alongside larger retailers including RH (Restoration Hardware) and Williams-Sonoma, as well as direct-to-consumer furniture brands. The company operates 281 showrooms and sells online at lovesac.com. Execution risks include continued tariff and freight cost pressure, softer consumer discretionary spending, dependence on foreign manufacturing, and the ability to successfully launch new products on the company's stated timeline. Management projected the New Room product platform would launch in early calendar 2027, though product development timelines and macroeconomic conditions remain risks to that outlook. Important notice and disclaimer. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.