eBags names a new finance and operations executive
January 6, 2016 04:44 PM
Ebags on Wednesday named Dan Hogan as chief financial officer and chief operating officer for the online-only seller of handbags, backpacks, luggage and other travel products.
Hogan will be responsible for finance, accounting, operations, fulfillment and customer service. Hogan previously worked nine years at Coleman Co. where he held the same titles. Prior to Coleman he had senior-level roles at Easton-Bell Sports and World Kitchen, whose brands include Corningware.
Hogan’s appointment comes soon after eBags changed its ownership structure. Late last year, eBags executives and several new investors bought the remaining stock in the company owned by Benchmark Capital. Benchmark had owned an unspecified “double-digit percentage stake” in the e-retailer but wanted to sell because it was liquidating a fund that included its investment in eBags and other companies, according to CEO Mike Edwards.
Edwards and co-founder and executive vice president Peter Cobb are the company’s top two shareholders. Ebags is No. 174 in the 2015 Internet Retailer Top 500 Guide.
“We are thrilled to have Dan join our team. His strengths and experience align perfectly with our strategic initiatives,” says Edwards, who was named president and CEO in July. “He brings a disciplined financial approach coupled with a passion for customer satisfaction.”
Ebags also said Wednesday that fourth quarter sales set a record, but it did not give details, saying only that strong growth in mobile sales, the launch of the “Steals of the Day” promotion and a 20% increase in the number of brands and products sold on eBags.com were factors in the Q4 growth.