Atlanta -- Select Interior Concepts, Inc. (SIC) announced the appointment of Bryant Riley to its board of directors. The appointment will increase the size of the SIC Board of Directors to seven members.
"We are pleased to welcome Bryant as a director to the SIC board," said Tyrone Johnson, CEO. "Bryant is a longstanding partner and was instrumental in leading a successful capital raise for the Company in 2017. Bryant’s deep knowledge of our business, significant prior board experience and solid track record in more than two decades in investment management will be invaluable to our board."
David Smith, chairman of the board, added, “The addition of Bryant complements our board of directors' skills and experiences and we believe he will contribute valuable insights on behalf of one our largest shareholders.”
Bryant Riley is chairman and co-CEO of B. Riley Financial Inc. Since founding his company in 1997, Riley has expanded the B. Riley Financial platform organically and through a series of acquisitions to become a diversified provider of complementary, end-to-end capital markets and business advisory services. Riley holds a Bachelor of Science in Finance from Lehigh University.
"I am honored to serve on the Select Interior Concepts Board of Directors and look forward to working with the existing directors and management team to help enhance shareholder value," Riley said.
In May 2019, SIC announced that its board of directors had initiated a comprehensive review of strategic, operational, and financial alternatives to enhance shareholder value. The board continues its ongoing review of strategic alternatives and has no further update at this time. The Board has not set a timetable for the conclusion of its review of strategic alternatives. There can be no assurance that the review of strategic alternatives will result in a transaction or other outcome.
For more information, visit www.selectinteriorconcepts.com.