Purdy Appointed as CEO of Turning Point Brands

Turning Point Brands announced the appointment of long-tenured company executive Graham Purdy as CEO and board director, effective October 16, 2022, following Yavor Efremov’s resignation as CEO and director.

Additionally, David Glazek will transition from non-executive to executive board chairman, effective January 2023, according to a press release.

Purdy will lead TPB’s strategy, execution, and operations, with a particular focus on growing and maximizing the value of the company’s portfolio of iconic and emerging brands. Prior to his appointment as CEO, Purdy served as chief operating officer since 2019.

Purdy previously led day-to-day operations during the COVID-19 pandemic, managing through complex challenges to the business while completing three of the most successful years in the company’s history.

“I am excited to serve as Turning Point’s next CEO and drive the company’s strategic priorities to enhance shareholder value,” said Purdy. “Over the past three decades, Turning Point has built a leading industry position through our portfolio of large and leading brands, innovative marketing, and omni-channel distribution capabilities, along with our strong track record of new product innovation.

“I look forward to working with our highly talented team to continue to build a world-class consumer products company for the benefit of our employees, customers, and shareholders.”