Former ASOS CEO Nick Beighton Joins Kornit Digital to Help Shape the Future of On-Demand Fashion

Kornit Digital (NASDAQ: KRNT) appointed Nick Beighton, former CEO of ASOS, as a strategic advisor and plans to nominate him to the Board at Kornit’s 2026 Annual Shareholder Meeting.

Rhea-AI Summary

Kornit Digital (NASDAQ: KRNT) appointed Nick Beighton, former CEO of ASOS, as a strategic advisor and plans to nominate him to the Board at Kornit’s 2026 Annual Shareholder Meeting. His engagement begins April 1, 2026 and aims to strengthen Kornit’s connection to global brands and on-demand fashion production.

Beighton will participate in Kornit’s Konnections 2026 event to discuss demand-driven supply chains and on-demand fulfillment.

Positive

• Nick Beighton appointment effective April 1, 2026
• Board nomination planned for 2026 Annual Shareholder Meeting
• Demand-side expertise from a multi-billion-dollar fashion platform
• Konnections 2026 participation linking Kornit to brand decision-makers

Negative

• None.

Argus Mar 19 session

+0.49% close to close Open Argus

Details

News Market Reaction – KRNT

In the Mar 19 session, KRNT gained 0.49%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds a former ASOS CEO as a strategic advisor, reinforcing Kornit’s focus on on-de...

Analysis

This announcement adds a former ASOS CEO as a strategic advisor, reinforcing Kornit’s focus on on-demand, digitally driven fashion production. It follows a year where revenue reached $208.2M with positive adjusted EBITDA and a strong earnings reaction, alongside ongoing customer wins and capital-markets-focused hiring. Investors may watch how this demand-side expertise influences partnerships with brands and retailers, execution on digital supply-chain initiatives, and whether it supports continued improvement from the 2025 GAAP net loss of $13.5M.

Key Figures

2025 revenue: $208.2M 2025 adj. EBITDA: $1.5M Q4 2025 revenue: $58.9M +5 more

2025 revenue

$208.2M

Full-year 2025 revenue reported Feb 11, 2026

2025 adj. EBITDA

$1.5M

Full-year 2025 adjusted EBITDA

Q4 2025 revenue

$58.9M

Fourth quarter 2025 results

2025 GAAP net loss

$13.5M

Full-year 2025 GAAP net loss

Q1 2026 revenue guide

$45M–$49M

Q1 2026 revenue guidance range

Capital markets transactions

$30 billion

Transactions participated in by Andrew G. Backman

Passive stake

6.7%

Ownership of KRNT common stock by Disciplined Growth Investors as of Dec 31, 2025

Shares held

3,034,591 shares

KRNT shares reported by Disciplined Growth Investors on Schedule 13G

Historical Context

5 past events · Latest: Mar 02

5 events

1. Mar 02

   Customer expansion deal

   24h Move

   +2.8%

   UK printer expanded to two Apollo systems, deepening digital mass production.

2. Feb 26

   Conference participation

   24h Move

   -0.1%

   Announcement of participation and meetings at Cantor technology and industrial event.

3. Feb 11

   Earnings results

   24h Move

   +20.6%

   Return to revenue growth with positive adjusted EBITDA and detailed 2026 guidance.

4. Jan 28

   Earnings date set

   24h Move

   +0.2%

   Scheduled Q4 and full-year 2025 earnings release and webcast details.

5. Jan 20

   Executive appointment

   24h Move

   -3.5%

   Appointment of Chief Capital Markets Officer with extensive transaction experience.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

restricted share units, stock option grants, exercise price, schedule 13g, +2 more

6 terms

restricted share units financial

"ordinary shares underlying restricted share units granted on September 15, 2025"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

stock option grants financial

"multiple stock option grants exercisable at prices between $15.19 and $122.19"

Stock option grants are promises from a company that give recipients the right to buy a set number of shares at a fixed price after certain conditions are met, often earned over time like installments on a reward. They matter to investors because when exercised they can increase the number of shares outstanding (dilution), affect company expenses and executive incentives, and signal how management is being paid and motivated. Think of them as discounted tickets that employees can use later, which can change the size of the ownership pie.

exercise price financial

"options to buy 7,000 ordinary shares at an exercise price of 105.0600 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

schedule 13g regulatory

"[SCHEDULE 13G] Kornit Digital Ltd. Passive Investment Disclosure (>5%)"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficial ownership regulatory

"filed an initial Form 3 reporting his beneficial ownership in the company"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

View in glossary

form 3 regulatory

"filed an initial Form 3 reporting his ownership of ordinary shares"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Mr. Beighton Brings Demand-Side Perspective to Accelerate Kornit’s On-Demand Digital Production Strategy

ROSH-HA'AYIN, Israel, March 19, 2026 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) ("Kornit" or the "Company"), a global leader in sustainable, on-demand digital fashion and textile production technologies, today announced it has appointed Nick Beighton, former Chief Executive Officer of ASOS, as a strategic advisor to the Company and its Board of Directors. His appointment reflects Kornit’s continued focus on strengthening its connection to global brands, retailers, and digital commerce platforms as the industry transitions toward on-demand production. The Company plans to nominate Mr. Beighton for election to the Board at Kornit’s 2026 Annual Shareholder Meeting.

“Nick's experience leading a digitally native global fashion platform gives him a powerful perspective on the realities brands and retailers face today around speed, agility, and capital efficiency,” said Ronen Samuel, Chief Executive Officer of Kornit Digital. “As the fashion industry moves toward more demand-driven production models, his insight will help Kornit strengthen its role in enabling the next generation of global supply chains.”

Nick Beighton commented, “Kornit sits at the center of one of the most important shifts happening in fashion today. The industry is moving from inventory-heavy supply chains toward more agile, demand-driven production models. The convergence of retail, manufacturing, and on-demand fulfillment is accelerating, and Kornit is uniquely positioned to enable this transformation.”

Having led ASOS through one of the most significant digital transformations in modern fashion retail, Mr. Beighton brings an exceptional track record in global fashion and e-commerce. Over a 12-year tenure with ASOS, he helped scale the business into a multi-billion-dollar global platform, navigating hyper-growth, supply chain complexity, omnichannel evolution, and the industry shift from inventory-based models toward more agile, demand-driven operations. His experience spans global fashion and apparel dynamics, digitally native supply‑chain innovation, and the convergence of retail and manufacturing, with a proven ability to lead organizations through structural change and disruption.

Mr. Beighton's perspective comes from the demand side of the industry, shaped by decades leading retail and consumer-focused organizations. This experience complements Kornit’s existing Board composition and adds a valuable perspective on how global brands and digital platforms are rethinking supply chains, capital efficiency, and speed to market.

Mr. Beighton’s engagement will commence on April 1, 2026. Mr. Beighton will also participate in Kornit’s upcoming Konnections 2026 industry event, where global brands, manufacturers, and technology leaders will discuss the future of fashion production.

About Kornit Digital

Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies. The Company offers end-to-end solutions including digital printing systems, inks, consumables, software, and fulfillment services through its global fulfillment network. Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries. To learn more, visit www.kornit.com.

Investor Contact

Andrew G. Backman
Chief Capital Markets Officer
Andrew.Backman@kornit.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is joining Kornit Digital (KRNT) as a strategic advisor and when does engagement start?

Nick Beighton, former ASOS CEO, joins Kornit as a strategic advisor effective April 1, 2026. According to the company, his role is to bring demand-side retail and e-commerce insight to Kornit’s on-demand production strategy.

Will Kornit Digital (KRNT) nominate Nick Beighton to the board and when will that occur?

Kornit plans to nominate Nick Beighton for election to its Board at the 2026 Annual Shareholder Meeting. According to the company, the nomination is intended to formalize his advisory perspective on supply-chain and retail dynamics.

What experience does Nick Beighton bring to Kornit Digital (KRNT)?

Beighton led ASOS through a 12-year period, scaling it into a multi-billion-dollar global platform. According to the company, he offers experience in digital transformation, omnichannel retail, and demand-driven supply-chain models.

How will Nick Beighton’s advisory role affect Kornit Digital’s (KRNT) industry engagement?

His advisory role is expected to strengthen Kornit’s ties to global brands, retailers, and digital platforms. According to the company, this supports Kornit’s push toward enabling agile, on-demand fashion production models.

Will Nick Beighton participate in Kornit Digital’s (KRNT) Konnections 2026 event?

Yes. Nick Beighton will participate in Konnections 2026 alongside brands and manufacturers. According to the company, he will discuss the convergence of retail, manufacturing, and on-demand fulfillment at the event.