NextPlat Corp Appoints Amanda L. Ferrio as Chief Financial Officer

NextPlat Corp (NASDAQ: NXPL, NXPLW), a global consumer products and services company specializing in healthcare and technology solutions through e-commerce and retail channels, has announced the appointment of Amanda L. Ferrio as Chief Financial Officer. Ferrio succeeds Cecile Munnik, CPA/CA, following a transition period that will extend through the company's third quarter 2025 filing. This leadership change represents a strategic move to strengthen NextPlat's financial management as the company continues to expand its global operations.

Ferrio brings over 15 years of accounting and finance experience to her new role, having previously served as Vice President of Accounting & Finance at Progressive Care LLC. During her tenure at Progressive Care, she demonstrated strong leadership in financial reporting, budgeting processes, and Securities and Exchange Commission compliance. Her background in managing complex financial operations within the healthcare sector positions her well to oversee NextPlat's diverse portfolio of e-commerce communications and healthcare data management services.

David Phipps, CEO of NextPlat, emphasized the significance of this appointment, stating that Ferrio's deep operational insight will support the company's focus on financial performance and sustainable shareholder value creation. This leadership transition comes at a critical time for NextPlat as the company continues to expand its global footprint through acquisitions, joint ventures, and strategic collaborations. The company's current operations include an e-commerce communications division that provides voice, data, tracking, and Internet of Things products and services worldwide, along with pharmacy and healthcare data management services in the United States through its Progressive Care subsidiary.

The appointment of an experienced financial executive like Ferrio signals NextPlat's commitment to strengthening its financial governance and operational efficiency. For investors and industry observers, this leadership change suggests the company is positioning itself for continued growth and market expansion in the competitive e-commerce and healthcare technology sectors. The timing of this transition, extending through Q3 2025, provides ample opportunity for knowledge transfer and strategic alignment between outgoing and incoming financial leadership.

NextPlat's business model focuses on helping other businesses optimize their e-commerce presence and revenue through domestic and international online sales channels. The company's dual focus on healthcare solutions and technology products creates unique synergies in today's digital marketplace, where healthcare services increasingly rely on robust e-commerce and data management platforms. Ferrio's experience in both financial management and healthcare operations makes her particularly well-suited to navigate the complexities of this evolving market landscape.

For stakeholders and market analysts, this appointment represents more than just a routine leadership change. It reflects NextPlat's strategic emphasis on financial discipline and operational excellence as the company scales its global operations. The full details of this announcement are available in the company's official press release at https://ibn.fm/v9DL2. As NextPlat continues to expand its presence in both healthcare technology and e-commerce sectors, strong financial leadership will be crucial for navigating market challenges and capitalizing on growth opportunities in these rapidly evolving industries.