Lazydays Holdings, Inc. announced that lead independent director and former interim CEO Robert DeVincenzi has been appointed chairman of its Board of Directors. DeVincenzi succeeds Christopher Shackelton, managing partner of Coliseum Capital Management LLC, who decided to step down as a director.
Following these changes, the Board will include seven directors, six of whom are independent. Lazydays, based in Tampa, FL, operates 26 RV dealerships.
“I am honored to be named Board Chairman at this pivotal time for Lazydays,” said DeVincenzi. “Lazydays has grown into one of the largest RV dealers in the country, with an iconic brand that we believe is synonymous with premium customer service and strong partnerships with leading OEMs. I look forward to continuing to work closely with my fellow directors to advise John North and other members of management on the execution of their strategic plan designed to harness the power and scale of the Lazydays platform, drive operational excellence, and create sustainable value for shareholders.”
DeVincenzi added, “On behalf of the Board, I would like to extend our gratitude to Chris for his dedicated service to Lazydays over the past six years. He and Coliseum have acted as thoughtful and strategic partners to the business, and thanks in large part to their support and guidance, Lazydays has established a strong foundation upon which to build.”
Shackelton concluded, “Robert is an experienced executive and director with a thorough understanding of the opportunities and challenges facing Lazydays today. As Lazydays’ largest shareholder, Coliseum remains a supportive partner of John, the entire Board and the management team as they navigate the current economic environment and position the business for long-term success.”
DeVincenzi was appointed to the Board as lead independent director in October 2021 and served as interim CEO of Lazydays from January 2022 to September 2022.
DeVincenzi is currently the non-executive chairman of the Board of Directors of Universal Technical Institute, a nationwide provider of technical education and training and a principal partner in Lupine Venture Group. The business advisory firm provides consulting and corporate development advisory services. Earlier in his career, DeVincenzi was the director, president and CEO of Redflex Holdings Limited and director, president and CEO of Lasercard Corporation.
Image courtesy Lazydays Holdings