Printful appoints former Cimpress CFO as an Independent Director of the Board
Oct 6, 2021
Charlotte, North Carolina—Printful continues to strengthen its Board of Directors with international expertise and has appointed Ernst Teunissen as an Independent Director of the Board.
Currently the CFO of Tripadvisor (NASDAQ: TRIP), Teunissen is also the former Executive Vice President and CFO of Cimpress (NASDAQ: CMPR), a parent company of Vistaprint online printing. During his time at Cimpress, he helped drive extensive company growth from a revenue of $500 million to $1.5 billion.
“We’re honored for Ernst Teunissen to join our Board of Directors. I believe his background in the printing industry and as a public company CFO will be a valuable asset to our team. Adding another highly experienced Independent Board member will help Printful in our next growth stage,” comments Davis Siksnans, CEO and Co-founder of Printful.
Ernst Teunissen will serve as a member of Printful's Audit Committee and advise the shareholders and management team in financial and strategic matters. His custom printing industry insights and extensive international experience as a public company CFO will help in developing strategic directions, implementing sound corporate governance practices, and preparing for potential capital markets transactions.
“I am excited to join the Printful Board of Directors at such a pivotal time in the company's development. I have been hugely impressed by the platform the company has built based on great products and a great market strategy. I believe Printful is poised to play a major role in the transformation of ecommerce and personalization,” explains Ernst Teunissen.
His prior experience also includes serving as the Executive Director of Telecommunications Investment Banking at Morgan Stanley and Director of Investment Banking in the Telecommunications and Media industry at Deutsche Bank. He has also received a bachelor's degree in Business Administration from the Nyenrode Business University in the Netherlands and earned an MBA from the University of Oregon.
Ernst Teunissen will be joining the Printful Board of Directors alongside CEO and Co-founder Davis Siksnans, COO Zane Levsa, Chairman of the Board and Co-founder Lauris Liberts, Bregal Sagemount representative Adam Fuller, and another Independent Director of the Board Nils Melngailis.
Printful is an on-demand printing and fulfillment company that helps people turn their ideas into brands and products. The company fulfills and ships custom clothing, accessories, and home & living items for online businesses. In 2020, the company hit a revenue milestone of $208 million and has recently become the first unicorn company (valued at over $1 billion) with Latvian roots. Since its founding in 2013, Printful has been trusted to deliver over 37M items and has scaled to a team of 1,800+ people across nine in-house fulfillment centers around the world.