News Summary

FIGS, Inc. announces the appointment of Jerry Jao as an independent director on its board, effective April 1, 2025. With extensive experience in digital marketing and finance, Jao will also serve as Chair of the Audit Committee and contribute to the Compensation Committee. His expertise is expected to enhance FIGS’ strategic direction and growth in the healthcare apparel market. CEO Trina Spear expresses enthusiasm for Jao’s role and collaboration, looking forward to the brand’s evolution amidst industry challenges.

FIGS, Inc. Welcomes New Independent Director Jerry Jao

There’s exciting news coming from FIGS, Inc., the popular healthcare apparel brand known for its stylish scrubs and gear. As of April 1, 2025, Jerry Jao will officially step into a role as an independent director on the company’s board. This appointment is set to add a wealth of experience and insight to the team at FIGS, benefiting both the company and its valued customers.

A New Era for The Board

Jao’s appointment is especially noteworthy as he will also take on the role of Chair of the Audit Committee and will participate as a member of the Compensation Committee. For those not familiar, the Audit Committee is responsible for overseeing the integrity of the company’s financial statements and compliance with legal requirements. Meanwhile, the Compensation Committee focuses on setting the pay structure for executives and ensuring the company remains competitive in attracting talent.

Mario Marte, who has been serving as Interim Chair of the Audit Committee since May 2024, will remain a valuable member of the committee as Jao steps in. The teamwork here seems promising for FIGS as they continue to grow and adapt in a challenging marketplace.

Meet Jerry Jao

Jerry Jao is no stranger to the world of marketing, technology, and finance. His impressive track record includes being the Senior Vice President and General Manager at Constant Contact, Inc., where he helped lead efforts in digital marketing solutions. Before that, he founded Retention Science, an AI-powered platform that specialized in personalization and marketing, and served as its CEO until it was acquired by Constant Contact in August 2020.

This background doesn’t just look good on paper; it brings real-world expertise that aligns perfectly with FIGS’ mission. With his strategic insights, Jao is expected to make significant contributions in areas like digital marketing and artificial intelligence—two domains that are increasingly vital for businesses today.

Words of Excitement from Leadership

FIGS’ CEO and Co-Founder, Trina Spear, expressed her enthusiasm about Jao joining the board, highlighting their previous collaborations on FIGS’ digital marketing engine. She mentioned how Jao’s knowledge in digital and retention marketing and AI solutions could play a crucial role in the brand’s future development and growth.

What’s Next for FIGS?

While the addition of Jao to the board is an exciting development, it does come with its set of challenges. FIGS acknowledges the various risks and uncertainties that can arise, from maintaining historical growth and profitability to challenges in customer retention and competition in the healthcare apparel market. The journey ahead will undoubtedly require strategic foresight and innovative approaches, but with Jao’s experience and the passionate team at FIGS, the outlook seems bright.

FIGS has established itself as a founder-led, direct-to-consumer company focused on empowering healthcare professionals globally. With Jao on board, they seem ready to tackle the next phase of their journey with renewed vigor.

In Conclusion

As we look forward to April 2025, it’s clear that Jerry Jao’s contributions to FIGS, Inc. could be the catalyst for new initiatives and growth. His expertise in marketing and technology will not only add depth to the company’s strategy but also help in expanding its reach within the healthcare community.

Stay tuned as we keep an eye on FIGS’ exciting developments ahead!

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• Retail Dive
• Encyclopedia Britannica: FIGS, Inc.
• Digital Commerce 360
• Google News: FIGS Inc.

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