10:05 AM EST - Yield Growth Corp. : Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF) (FSE:YG3) is pleased to announce that seasoned business executive Tamara Melck has been appointed as Chief Operating Officer of Yield Growth. Melck has proven expertise in scaling operations. Among her career achievements, she was instrumental in the growth of Canadian fashion retailer Aritzia (TSX:ATZ) as its Vice President, Corporate Operations and Executive Vice President, People & Culture. When she joined in 2001, Aritzia had 10 stores and 30 head office employees, and Melck built several of the corporate backend functions from scratch, helping Aritzia to scale its operations and achieve $743M in annual revenue and to reach a market capitalization of over $1 billion when she left in 2017. Melck was a member and former chair of the Executive Committee of Aritzia, and she directly led and oversaw numerous departmental and cross-functional projects of all sizes to build the necessary infrastructure to enable growth. Aritzia is a vertically integrated, innovative design house of exclusive fashion brands. It reported net revenue of $743.3 million in Fiscal 2018. As Yield Growth is poised for further expansion, Melck joins at a critical moment. “We are excited to welcome Tamara to the team,” says Penny Green, CEO of Yield Growth. “Her experience helping Aritzia grow into a leading fashion retailer will be invaluable to Yield Growth as we move forward to achieve our business goals.” Yield Growth Corp.
shares BOSS:CNX are trading Unchanged at $0.37.
