- Turning Point Brands Inc TPB has appointed Yavor Efremov as President and Chief Executive Officer, effective January 11, 2022.
- Efremov will succeed Larry Wexler, who will retire as CEO in January 2022. Wexler will remain on the Board of Directors.
- Before joining Turning Point Brands, Efremov served as the CEO of Motorsport Network. He also served as a senior executive at Liberty Media Corp.
- He holds a J.D. from Yale Law School and a Ph.D. in economics from Yale University.
- Price Action: TPB shares traded higher by 3.53% at $36.68 on the last check Thursday.
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