XpresSpa Group Names James Berry as Chief Fiscal Officer Scott Milford Promoted to Chief Working Officer Nasdaq:XSPA

NEW YORK, Dec. 04, 2020 (Globe NEWSWIRE) — XpresSpa Team, Inc. (Nasdaq: XSPA) (“XpresSpa” or the “Company”), a health and fitness and wellness firm, today declared that it has appointed James Berry as its new Chief Economic Officer, efficient December 14, 2020. The Business also announced that it is selling Scott Milford, who has served as Main Folks Officer given that joining the Business in July 2019, to the purpose of Main Running Officer.

“We are pleased to welcome James as our new CFO,” reported Doug Satzman, XpresSpa Team CEO. “He is a uniquely capable unique who can aid accelerate our transition into healthcare and wellness companies and is a seasoned leader who delivers to us an impressive keep track of history of strengthening corporations and driving price and development by way of strategic target and operational improvement. His outstanding resume consists of management roles at a wide range of health care and medical corporations, and he possesses in depth encounter throughout finance, accounting, benefits, and other crucial non-clinical functions within just health care providers. We firmly think that James will be an invaluable chief in our staff as we create the leading travel, well being and wellness manufacturer.”

“We would like to recognize Scott for his several contributions as our Chief People today Officer and congratulate him on his effectively-deserved promotion to Main Running Officer. He has played an instrumental part in our the latest pivot with a shown ability to fluidly move in between strategic initiatives and discipline level challenge fixing, usually with an eye on making an ‘Employer of Choice’ men and women tradition,” concluded Satzman.

About James Berry

For the past 20 yrs, Mr. James Berry has presented economical and administrative management to health care businesses offering urgent and crisis professional medical solutions. With annual affected individual volumes topping 200,000 visits, he has optimized profits cycle procedures negotiated powerful payer contracts managed paying out designed service provider payment designs overseen accounting capabilities created arranging, reporting, and business enterprise intelligence analytics managed expenditure accounts evaluated and oversaw gain packages and elevated equity and credit card debt capital for rapidly growing enterprises. He is also knowledgeable leading help capabilities which includes IT, HR, payroll, and business advancement.

In his most current role, Mr. Berry served as CFO for ClearChoiceMD Urgent Treatment, where he has been instrumental in developing partnerships with massive health care delivery systems, ranging from monetary joint ventures to affiliation agreements, managed services agreements, and memorialized letters of understanding. He has testified in advance of a New Hampshire legislature subcommittee, supporting Important Entry Hospitals, and has presented at the Countrywide Urgent Treatment Affiliation yearly assembly.

Prior to his job in healthcare expert services, Mr. Berry held positions in the clinical gadgets space, such as Johnson & Johnson, a VC backed startup, and a little community organization turnaround.

He retains a Bachelor of Science in Biochemistry (College of Massachusetts-Amherst) and an MBA from Purdue (Krannert Graduate Faculty of Business).

About Scott Milford

Mr. Scott Milford has in excess of 30 a long time of expertise at significant profile and various organizations. Prior to becoming a member of XpresSpa as its 1st Main People Officer in July 2019, he served as VP, Persons Functions at SoulCycle, wherever he led the development and deployment of the company’s expertise acquisition technique, the progress of an annual general performance cycle, and created and deployed the “people strategy” that supported the opening of the brand’s 1st European studio in London. This incorporated the advancement of talent acquisition and expertise administration options, payment design and all policies and processes governing studio operations.

Prior to that, he served as Main Individuals Officer for Bayada, a $1 billion dollar Dwelling Health and fitness Treatment Company, where he played a major role in building the organizational infrastructure needed to scale the company from 400 support workplaces to 1,000 places of work. Previously, he was Senior Vice President – Human Sources for Le Ache Quotidien, where by he was responsible for driving operational excellence through strategic HR planning, developing organizational and employee abilities, facilitating change, and making efficient performing relationships with personnel and guests on a worldwide scale. His other relevant encounters contain senior leadership positions at City Athletics International, Starbucks Coffee Firm, Common Music Group, Viacom, and Blockbuster Amusement.

About XpresSpa Group, Inc.

XpresSpa Group, Inc. (Nasdaq: XSPA) is a primary worldwide wellness and wellness holding corporation. XpresSpa Group’s main asset, XpresSpa, is a leading airport retailer of spa products and services and associated wellness and wellness products, with 50 locations in 25 airports globally. By way of its XpresTest, Inc. subsidiary, the Corporation also offers COVID-19 screening and tests, rapid screening providers for other communicable disorders that include things like influenza, mononucleosis and team A streptococcus, and flu vaccination solutions underneath its XpresCheck™ manufacturer. Current XpresCheck Wellness Centers include JFK Intercontinental Airport, Newark Liberty Intercontinental Airport, Logan Global Airport, and Phoenix Sky Harbor Global Airport. To learn a lot more about XpresSpa Team, check out: www.XpresSpaGroup.com. To understand additional about XpresSpa, visit www.XpresSpa.com. To discover a lot more about XpresCheck, pay a visit to www.XpresCheck.com.

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