Alliance Entertainment Appoints Amanda Gnecco as Chief Financial Officer
Alliance Entertainment (NASDAQ:AENT) has appointed Amanda Gnecco as its new Chief Financial Officer, effective immediately. Gnecco, who previously served as Chief Accounting Officer, has been with the company since 2018 and played a crucial role in Alliance's transition from private to public company.
A Certified Public Accountant with over a decade of financial leadership experience, Gnecco will oversee all financial operations, including strategic planning, investor relations, SEC reporting, treasury operations, and regulatory compliance. She previously held senior financial roles at Envision Healthcare and Pet Supermarket, and holds a Master's degree in Accounting from Keller Graduate School of Management.
Gnecco assumes the CFO position from Jeff Walker, who previously held dual roles of CEO and CFO.
Alliance Entertainment (NASDAQ:AENT) ha nominato Amanda Gnecco come nuova Chief Financial Officer, con effetto immediato. Gnecco, che in precedenza ricopriva il ruolo di Chief Accounting Officer, lavora in azienda dal 2018 e ha avuto un ruolo fondamentale nella transizione di Alliance da società privata a pubblica.
In qualità di Certified Public Accountant con oltre dieci anni di esperienza nella leadership finanziaria, Gnecco supervisionerà tutte le operazioni finanziarie, inclusa la pianificazione strategica, le relazioni con gli investitori, la rendicontazione alla SEC, le operazioni di tesoreria e la conformità normativa. In passato ha ricoperto ruoli finanziari senior presso Envision Healthcare e Pet Supermarket, e possiede un Master in Accounting conseguito presso la Keller Graduate School of Management.
Gnecco assume la posizione di CFO da Jeff Walker, che precedentemente ricopriva contemporaneamente i ruoli di CEO e CFO.
Alliance Entertainment (NASDAQ:AENT) ha nombrado a Amanda Gnecco como su nueva Directora Financiera, con efecto inmediato. Gnecco, que anteriormente se desempeñaba como Chief Accounting Officer, ha estado en la empresa desde 2018 y tuvo un papel fundamental en la transición de Alliance de empresa privada a pública.
Como Contadora Pública Certificada con más de una década de experiencia en liderazgo financiero, Gnecco supervisará todas las operaciones financieras, incluyendo la planificación estratégica, relaciones con inversores, informes a la SEC, operaciones de tesorería y cumplimiento normativo. Anteriormente ocupó cargos financieros senior en Envision Healthcare y Pet Supermarket, y tiene una Maestría en Contabilidad de la Keller Graduate School of Management.
Gnecco asume el cargo de CFO de Jeff Walker, quien anteriormente desempeñaba simultáneamente los roles de CEO y CFO.
Alliance Entertainment (NASDAQ:AENT)는 아만다 그네코(Amanda Gnecco)를 신임 최고재무책임자(CFO)로 즉시 임명했습니다. 이전에 최고회계책임자(Chief Accounting Officer)로 근무했던 그네코는 2018년부터 회사에 몸담아 왔으며, Alliance가 비상장 회사에서 상장 회사로 전환하는 데 중요한 역할을 했습니다.
공인회계사(CPA) 자격을 보유하고 10년 이상의 재무 리더십 경험을 가진 그네코는 전략 기획, 투자자 관계, SEC 보고, 재무 운영 및 규제 준수를 포함한 모든 재무 업무를 총괄할 예정입니다. 이전에는 Envision Healthcare와 Pet Supermarket에서 고위 재무직을 역임했으며, Keller Graduate School of Management에서 회계학 석사 학위를 받았습니다.
그네코는 이전에 CEO와 CFO를 겸임했던 제프 워커(Jeff Walker)로부터 CFO 직책을 인계받았습니다.
Alliance Entertainment (NASDAQ:AENT) a nommé Amanda Gnecco en tant que nouvelle Directrice Financière, avec effet immédiat. Gnecco, qui occupait auparavant le poste de Chief Accounting Officer, est dans l'entreprise depuis 2018 et a joué un rôle clé dans la transition d'Alliance d'une société privée à une société publique.
En tant que Certified Public Accountant avec plus de dix ans d'expérience en leadership financier, Gnecco supervisera toutes les opérations financières, y compris la planification stratégique, les relations avec les investisseurs, les rapports à la SEC, les opérations de trésorerie et la conformité réglementaire. Elle a précédemment occupé des postes financiers seniors chez Envision Healthcare et Pet Supermarket, et détient un Master en comptabilité de la Keller Graduate School of Management.
Gnecco prend le poste de CFO de Jeff Walker, qui occupait auparavant les fonctions de CEO et CFO simultanément.
Alliance Entertainment (NASDAQ:AENT) hat Amanda Gnecco mit sofortiger Wirkung zur neuen Chief Financial Officer ernannt. Gnecco, die zuvor als Chief Accounting Officer tätig war, ist seit 2018 im Unternehmen und spielte eine entscheidende Rolle bei der Umwandlung von Alliance von einem privaten zu einem börsennotierten Unternehmen.
Als Certified Public Accountant mit über zehn Jahren Führungserfahrung im Finanzbereich wird Gnecco alle finanziellen Abläufe überwachen, einschließlich strategischer Planung, Investor Relations, SEC-Berichterstattung, Treasury-Operationen und regulatorischer Compliance. Zuvor hatte sie leitende Finanzpositionen bei Envision Healthcare und Pet Supermarket inne und besitzt einen Master-Abschluss in Rechnungswesen von der Keller Graduate School of Management.
Gnecco übernimmt die CFO-Position von Jeff Walker, der zuvor sowohl CEO als auch CFO war.
- Promotion from within demonstrates strong internal talent pipeline and succession planning
- New CFO brings extensive public company and financial leadership experience
- Separation of CEO and CFO roles improves corporate governance structure
- Transition period may require adjustment as roles are separated between CEO and new CFO
Insights
Amanda Gnecco's promotion to CFO separates previously combined CEO/CFO roles, strengthening Alliance Entertainment's executive structure as they execute post-public transition strategy.
Alliance Entertainment has formalized its executive structure by promoting Amanda Gnecco from Chief Accounting Officer to CFO, separating roles previously combined under CEO Jeff Walker. This structural change represents a maturation in the company's leadership framework following its transition to public status.
Gnecco's promotion establishes dedicated financial leadership during a critical growth phase. Her experience orchestrating the company's private-to-public transition demonstrates valuable public markets expertise. The formalization of separate CEO and CFO positions signals corporate governance enhancement that typically appeals to institutional investors and supports scaling operations.
The executive reshuffling creates specialized focus areas - Walker can concentrate on strategic and operational leadership while Gnecco manages financial operations, investor relations, and capital structure optimization. Her expanded responsibilities now include strategic financial planning, investor relations, debt management, and regulatory compliance oversight.
This appointment brings continuity through internal promotion rather than external hiring, preserving institutional knowledge while still evolving the leadership structure. For a public company navigating growth initiatives, dedicated financial leadership typically enables more sophisticated capital allocation strategies and strengthened financial controls.
PLANTATION, Fla., July 23, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment (Nasdaq: AENT) is pleased to announce the promotion of Amanda Gnecco to Chief Financial Officer (CFO), effective immediately.
Amanda Gnecco, Chief Financial Officer, Alliance Entertainment (Nasdaq: AENT)
Amanda previously served as Chief Accounting Officer and her leadership has been instrumental in driving financial strategy with corporate objectives, optimizing reporting processes, compliance and operational excellence across the organization. She brings over a decade of financial leadership experience and has been a key contributor to the organization’s growth and transformation.
“Amanda’s promotion to CFO is a reflection of her exceptional leadership, deep financial expertise, and unwavering commitment to our company’s success,” said Jeff Walker, CEO of Alliance Entertainment. “Since joining Alliance in 2018, she’s played a pivotal role in orchestrating our transition from a private to a public company, and her strategic insight will be critical as we continue to scale and innovate.”
“I’m honored to step into the role of Chief Financial Officer and grateful for the trust our leadership team has placed in me,” said Gnecco. “I’m proud to continue to shape the company’s strategic direction and look forward to building on our momentum, driving financial discipline, operational excellence, and long-term value creation. I’m especially thankful to my team for their partnership, talent, and dedication. We remain committed to transparency and strong shareholder engagement as we execute our growth strategy.”
Prior to joining Alliance Entertainment, Amanda led high-performing accounting teams and held senior financial roles at Envision Healthcare and Pet Supermarket. She holds a Master of Science degree in Accounting from Keller Graduate School of Management, where she graduated with honors and was Valedictorian of her class. She also earned a Bachelor of Arts degree in Accounting from Midwestern State University and is a Certified Public Accountant.
As CFO, Amanda will oversee all financial operations, including strategic planning and analysis, investor relations, audit and SEC reporting, lender negotiations and debt management, treasury operations, budgeting and forecasting, tax strategy, internal controls, risk management, and regulatory compliance. She will be instrumental in shaping the company’s financial strategy, ensuring rigorous financial discipline, enhancing transparency with shareholders, and supporting Alliance Entertainment’s long-term growth initiatives.
Bruce Ogilvie, Chairman of the Board, added, “Amanda exemplifies the kind of forward-thinking leadership that defines Alliance Entertainment. She brings integrity, insight, and a proven track record. Her promotion is not only well-earned, but also a strategic move that strengthens our executive team as we pursue long-term value creation.”
Gnecco assumes the CFO role from Walker, who previously held dual roles of CEO and CFO.
About Alliance Entertainment
Alliance Entertainment (NASDAQ: AENT) is a premier distributor and fulfillment partner for the entertainment and pop culture collectibles industry. With more than 325,000 unique in-stock SKUs — including over 57,300 exclusive titles across compact discs, vinyl LPs, DVDs, Blu-rays, and video games — Alliance offers the largest selection of physical media in the market. Our vast catalog also includes licensed merchandise, toys, retro gaming products, and collectibles, serving over 35,000 retail locations and powering e-commerce fulfillment for leading retailers. The company’s growing collectibles portfolio includes Handmade by Robots™, a stylized vinyl figure line featuring licensed characters from leading entertainment franchises. Leveraging decades of operational expertise, exclusive licensing partnerships, and a capital-light, scalable infrastructure, Alliance is a trusted partner to the world’s top entertainment brands and retailers. Our omnichannel platform connects collectors and fans to the products, franchises, and experiences they love — across formats and generations. For more information, visit www.aent.com.
Forward Looking Statements
Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of risks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws or regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services; Alliance’s reliance on a concentration of suppliers for its products and services; increases in Alliance’s costs, disruption of supply, or shortage of products and materials; Alliance’s dependence on a concentration of customers, and failure to add new customers or expand sales to Alliance’s existing customers; increased Alliance inventory and risk of obsolescence; Alliance’s significant amount of indebtedness; our ability to refinance our existing indebtedness; our ability to continue as a going concern absent access to sources of liquidity; risks and failure by Alliance to meet the covenant requirements of its revolving credit facility, including a fixed charge coverage ratio; risks that a breach of the revolving credit facility, including Alliance’s recent breach of the covenant requirements, could result in the lender declaring a default and that the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse consequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention and the additional costs and demands on Alliance’s resources; Alliance’s business being adversely affected by increased inflation, higher interest rates and other adverse economic, business, and/or competitive factors; geopolitical risk and changes in applicable laws or regulations; risk that the COVID-19 pandemic, and local, state, and federal responses to addressing the pandemic may have an adverse effect on our business operations, as well as our financial condition and results of operations; substantial regulations, which are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which could harm Alliance’s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims; availability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal controls.
For investor inquiries, please contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
AENT@redchip.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d54a8a6b-76b6-4276-b302-2301dfec7787
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