Party City Names New Chief Executive
Party City Holdco Inc., the parent company of Party City, has named Barry Litwin as its new president and chief executive officer.
Most recently, Litwin served as the CEO and board member of Global Industrial Company, a distribution leader in industrial products. During his seven-year tenure, he guided strategy and execution for all facets of the company, serving 500,000 customers across manufacturing, transportation, retail, and healthcare.
"The team and I look forward to welcoming Barry to the Party City family," said Bob Hull, chairman of the board at Party City. "We are extremely confident that Barry's expertise in fostering business growth and transformation as well as his people-focused leadership style will bring Party City to the next level."
"I am excited to join Party City at a pivotal time as we reposition the business for a stronger future," said Litwin. "Party City is a leader in party goods and supplies, and I see many opportunities to strengthen our financial performance and build a leading end-to-end celebration experience for consumers. I look forward to working closely with our team members, the leadership team, and the Board of Directors to create value for all our stakeholders."