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Amazon aggregator Thrasio emerges from bankruptcy, appoints new CEO
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Amazon aggregator Thrasio emerges from bankruptcy, appoints new CEO
Jun 18, 2024 1:37 PM

June 18 (Reuters) - Amazon ( AMZN ) aggregator Thrasio

said on Tuesday it has emerged from the Chapter 11 bankruptcy

and appointed Stephanie Fox as its chief executive officer.

Fox, previously the company's chief operating officer, would

succeed Greg Greeley, who would step down from the position

after the company completes its global restructuring.

Thrasio, which acquires third-party sellers on Amazon ( AMZN ), said

it would now focus on profitability.

The company had filed for bankruptcy protection at the end

of February and entered into a restructuring agreement with some

of its lenders to reduce its debt.

Thrasio had said at the time it received financial

commitments of $90 million from existing shareholders.

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