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Eargo, Inc. (Nasdaq: EAR) today announced the appointment of Katie Bayne to its Board of Directors, effective June 9, 2021. Ms. Bayne will serve on the Nominating and Corporate Governance Committee. Ms Bayne’s appointment fills the seat left vacant by Juliet Tammenoms Bakker following her resignation from the Board on June 9, 2021.
Christian Gormsen, President and CEO, said: “We are incredibly lucky to welcome Katie to the Eargo team. She is exceptionally skilled and brings decades of experience building one of the world’s most recognizable brands, Coca-Cola. We believe that it will make a significant contribution to the further construction of the national and ultimately global brand of Eargo.
Josh Makower, MD, Chairman of the Board added, “Katie is a phenomenal addition to our Board of Directors. We believe it will help us accelerate the implementation of one of our most important long-term strategic initiatives: the creation of the Eargo brand. We are fortunate to acquire this level of talent and I am convinced that it will bring considerable added value to our team. We would also like to thank Juliet for her contribution to the Council.
Ms. Bayne brings over 30 years of consumer marketing and operations experience to her new role on the Board of Directors, including more than two decades at The Coca-Cola Company, where she served as President, Brands of North America and Marketing Director for the North. America. Founder and President of strategic advisory and consulting firm Bayne Advisors, Ms. Bayne is also a Senior Advisor at Guggenheim Securities, LLC. She has also been an independent director at Acreage Holdings since January 2021, where she serves on the audit committee and goal-oriented lifestyle brand of Jessica Alba, The Honest Company since November 2018, where she is chair of the committee. compensation and member of the audit committee. She brings over a decade of experience serving on public boards in a variety of industries, including retail.
Ms Bayne commented: “I have been extremely impressed with how Eargo has quickly established itself as a highly differentiated and disruptive player in the field of hearing health. I look forward to working with the team to build on the company’s strong foundation and its recent growth as a stepping stone to accelerate brand awareness and product adoption. The success of these initiatives will help us address the significant stigma and social isolation associated with hearing loss. “