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Lightspeed Commerce Inc
Symbol LSPD
Shares Issued 151,705,391
Close 2024-10-04 C$ 21.86
Market Cap C$ 3,316,279,847
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Lightspeed's NuOrder adds Akrimi as B2B head of revenue

2024-10-07 13:24 ET - News Release

Mr. Michael Ganci reports

NUORDER BY LIGHTSPEED ANNOUNCES RETAIL INDUSTRY VETERAN CHRIS AKRIMI AS HEAD OF REVENUE FOR LIGHTSPEED B2B / NUORDER BY LIGHTSPEED

Lightspeed Commerce Inc.'s NuOrder by Lightspeed, a leading B2B (business-to-business) commerce platform powering wholesale buying and selling, has appointed Chris Akrimi to the role of head of revenue for Lightspeed B2B/NuOrder.

"Chris has a distinguished and proven track record of collaborating with and driving success in partnership with prestigious tech companies, global brands and luxury retail powerhouses," said Michael Ganci, senior vice-president of B2B go-to-market at NuOrder by Lightspeed. "His experience and his ability to align business strategy with market demands while maintaining a strong focus on financial performance positions him as a pivotal asset in helping drive Lightspeed's global future success."

Mr. Akrimi most recently held the role of chief executive officer at The Layer, a technology company transforming commerce data through artificial intelligence (AI), where he focused on positioning the company at the forefront of AI-driven product data management. Previously, he was the global chief revenue officer at Joor. Mr. Akrimi has also held executive leadership positions at Ralph Lauren, Eastpak, and Scotch & Soda.

"I am excited to be joining Lightspeed and becoming part of a forward-thinking, innovative company that is shaping the future of commerce. It's about pushing boundaries, driving success for businesses worldwide and shaping the future in a rapidly evolving digital era," said Mr. Akrimi.

Throughout his decades in the retail industry, Mr. Akrimi has executed successful programs working alongside global companies such as LVMH, Hermes, Richemont, Capri, VF Corp., Chanel, Kering and Itochu. Mr. Akrimi earned a bachelor of applied science from the University of Bedfordshire Business School.

About NuOrder by Lightspeed

NuOrder by Lightspeed is a leading B2B commerce platform powering wholesale buying and selling. NuOrder offers a full suite of commerce solutions engineered to streamline the way brands sell their products all around the world while providing retailers with the insights they need to make better buying decisions. Today, more than 3,000 brands and more than 100,000 retailers use NuOrder to transform their wholesale operations. Lightspeed acquired NuOrder in 2021.

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. Lightspeed's cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

Founded in Montreal, Canada, in 2005, Lightspeed is dual listed on the New York Stock Exchange and Toronto Stock Exchange. With teams across North America, Europe and Asia Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

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