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August 27, 2020

Paul Zepf named Chairman of Purple Innovation's Board

Comfort innovation company Purple Innovation, Inc. has announced that Paul Zepf has been appointed a Director on the Board of Directors. He replaces retiring co-directors, Purple co-founders Terry and Tony Pearce, effective August 17, 2020.

Mr. Zepf has a wide range of financial leadership experience, including as CEO of Global Partner Acquisition Corp. He is a Management Advisory Board member at private equity firm TowerBrook Capital Partners, and prior to that he served as managing director and Head of Strategic Initiatives at Golub Capital. He has recently been an observer and advisor on the Purple board.

"Paul has been involved with Tony and me since July of 2017 and we earned great respect for each other as we went through the SPAC process," said Terry Pearce, former Chairman of the Board. "It was always my hope that he join the board full-time. As an advisor to the board from its inception, Paul has been instrumental in the board's strategic and tactical planning. His deep experience with Purple's history and knowledge of current operations gives us great comfort that he will bring continuity and direction into the boardroom."

Current Lead Independent Director Gary DiCamillo will take over from Terry Pearce leadership of the Board on an interim basis, until a new chairman is appointed.

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