GigaCloud Technology Inc Appoints Highly Respected Industry Veteran Kerry Lebensburger to Board of Directors
GigaCloud Technology Inc (Nasdaq: GCT), a B2B technology solutions provider for large parcel merchandise, has appointed Kerry Lebensburger to its Board of Directors effective August 17, 2025. Lebensburger, the former President of Ashley Furniture with nearly 30 years of experience, succeeds retiring board member Lorri Kelley.
Lebensburger brings extensive executive leadership experience in sales, marketing, merchandising, and product development. He has served on several industry boards including the American Home Furnishings Hall of Fame and holds degrees from The Wharton School and the University of Cincinnati. Kelley, who served for two years, will continue as an advisor to support the transition.
GigaCloud Technology Inc (Nasdaq: GCT), fornitore B2B di soluzioni tecnologiche per la gestione di grandi spedizioni di merci, ha nominato Kerry Lebensburger nel proprio Consiglio di Amministrazione a partire dal 17 agosto 2025. Lebensburger, già presidente di Ashley Furniture con quasi 30 anni di esperienza, prende il posto del membro uscente Lorri Kelley.
Lebensburger porta con sé un'ampia esperienza dirigenziale in aree come vendite, marketing, merchandising e sviluppo prodotto. Ha fatto parte di diversi consigli di settore, tra cui l'American Home Furnishings Hall of Fame, e ha conseguito titoli presso la Wharton School e l'Università di Cincinnati. Kelley, che ha ricoperto la carica per due anni, continuerà a fornire supporto come consulente durante il periodo di transizione.
GigaCloud Technology Inc (Nasdaq: GCT), proveedor B2B de soluciones tecnológicas para envíos masivos de mercancías, ha designado a Kerry Lebensburger en su Junta Directiva con efecto a partir del 17 de agosto de 2025. Lebensburger, ex presidente de Ashley Furniture con cerca de 30 años de trayectoria, sustituye a la consejera saliente Lorri Kelley.
Lebensburger aporta amplia experiencia ejecutiva en ventas, marketing, merchandising y desarrollo de producto. Ha formado parte de varios consejos del sector, incluido el American Home Furnishings Hall of Fame, y cuenta con titulaciones de The Wharton School y la Universidad de Cincinnati. Kelley, que ocupó el puesto durante dos años, seguirá apoyando la transición en calidad de asesora.
GigaCloud Technology Inc (Nasdaq: GCT)는 대형 소포화물용 B2B 기술 솔루션 제공업체로, 2025년 8월 17일부로 Kerry Lebensburger를 이사회 이사로 선임했다고 발표했습니다. Ashley Furniture의 전 사장으로 거의 30년의 경력을 가진 Lebensburger는 은퇴하는 이사회 멤버 Lorri Kelley의 자리를 이어받습니다.
Lebensburger는 영업, 마케팅, 머천다이징 및 제품 개발 등 분야에서 풍부한 경영진 경험을 보유하고 있습니다. 그는 American Home Furnishings Hall of Fame 등 여러 업계 이사회 활동을 했으며 The Wharton School과 신시내티 대학교에서 학위를 취득했습니다. 2년간 재임한 Kelley는 전환 기간 동안 고문으로서 지원을 계속할 예정입니다.
GigaCloud Technology Inc (Nasdaq: GCT), fournisseur B2B de solutions technologiques pour les envois de marchandises volumineuses, a nommé Kerry Lebensburger au sein de son conseil d'administration à compter du 17 août 2025. Lebensburger, ancien président d'Ashley Furniture et fort d'une carrière de près de 30 ans, succède à la membre sortante Lorri Kelley.
Lebensburger apporte une vaste expérience de direction dans les domaines des ventes, du marketing, du merchandising et du développement produit. Il a siégé à plusieurs conseils professionnels, dont l'American Home Furnishings Hall of Fame, et est titulaire de diplômes de la Wharton School et de l'University of Cincinnati. Kelley, qui a occupé le poste pendant deux ans, continuera d'appuyer la transition en tant que conseillère.
GigaCloud Technology Inc (Nasdaq: GCT), ein B2B-Anbieter von Technologielösungen für große Paketwaren, hat Kerry Lebensburger mit Wirkung zum 17. August 2025 in seinen Vorstand berufen. Lebensburger, der ehemalige President von Ashley Furniture mit fast 30 Jahren Erfahrung, tritt die Nachfolge der ausscheidenden Vorstandsmitglieds Lorri Kelley an.
Lebensburger bringt umfassende Führungserfahrung in den Bereichen Vertrieb, Marketing, Merchandising und Produktentwicklung mit. Er war in mehreren Branchenvorständen aktiv, darunter dem American Home Furnishings Hall of Fame, und hat Abschlüsse von der Wharton School und der University of Cincinnati. Kelley, die zwei Jahre im Amt war, wird als Beraterin die Übergangsphase weiterhin unterstützen.
- Appointment of highly experienced industry veteran Kerry Lebensburger with 30 years at Ashley Furniture
- Lebensburger brings extensive expertise in sales, marketing, merchandising, and business growth
- Smooth transition planned with retiring director staying on as advisor
- None.
Lebensburger, Former Ashley Furniture President, Succeeds Retiring Director Lorri Kelley
EL MONTE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced the appointment of industry leader Kerry Lebensburger to its Board of Directors (the “Board”), effective August 17, 2025, succeeding retiring member Lorri Kelley. GigaCloud’s Board membership remains at five.
Lebensburger brings decades of executive leadership experience as the former President of Ashley Furniture, one of the largest furniture companies in the U.S., where he served for nearly 30 years before retiring in 2023. During his tenure, Lebensburger advanced through senior leadership roles spanning sales, marketing, merchandising, product development, and business growth. He has also served on the boards of the American Home Furnishings Hall of Fame, The Home Furnishings Association, and the Las Vegas Home Furniture Association, and is the recipient of multiple industry honors. Lebensburger earned his undergraduate degree from The Wharton School of the University of Pennsylvania in 1968 and his MBA from the University of Cincinnati in 1969.
“I am thrilled to join GigaCloud’s board during this dynamic phase of growth. Having witnessed the Company’s incredible growth and its transformative impact on the industry—leveraging technology to delivering greater efficiency and agility across the supply chain,” said Lebensburger. “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.”
“GigaCloud has had a great relationship with Kerry over the years, and we are very excited to welcome his expertise and thought leadership as the newest member of our Board of Directors,” said Larry Wu, Founder, Chief Executive Officer, and Chairman. “His continued insight and broad-based furniture experience will be invaluable as we continue expanding our B2B Marketplace. On behalf of the Board, I also want to thank Lorri for her contributions and wish her the very best.”
Kelley notified the Company of her intention to retire from the Board on August 12, 2025, after two years of service. She will continue to serve as an advisor to support Lebensburger’s transition. Her retirement was not related to any dispute or disagreement with the Company or the Board, or on any matter relating to the Company’s operations, policies or practices.
“I have greatly enjoyed my time at GigaCloud, especially witnessing its significant growth,” said Kelley. “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 a pioneer of global end-to-end B2B technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, which it refers to as the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company’s global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. The Company offers a truly comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories such as home appliances and fitness equipment. For more information, please visit the Company’s website: https://investors.gigacloudtech.com/.
Forward-Looking Statements
This press release contains “forward-looking statements.” Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
For investor and media inquiries, please contact:
GigaCloud Technology Inc
Investor Relations – ir@gigacloudtech.com
PondelWilkinson, Inc.
Laurie Berman (Investors) – lberman@pondel.com
George Medici (Media) – gmedici@pondel.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b8bd8b5-6171-42e3-8852-da42f88427b1
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