Party City appoints Barry Litwin as CEO

Barry Litwin

Party City Holdco Inc. is pleased to announce that Barry Litwin will join the company as its new President and Chief Executive Officer (CEO).

“The team and I look forward to welcoming Barry to the Party City family,” said Robert HullChairman of Party City’s Board of Directors. “We are extremely confident that Barry’s expertise in driving business growth and transformation, as well as his people-focused leadership style, will take Party City to the next level.”

Barry brings a disciplined model to strategy development and operational execution that delivers new revenue growth, gross profit improvement and operating cost efficiencies. Barry is particularly passionate about leading businesses and driving growth in his team members. He firmly believes that the success of a business depends on its people.

Most recently, Barry served as CEO and member of the Board of Directors of Global Industrial Company (NYSE: GIC), a leading industrial products distributor. During his seven-year tenure, Barry led the strategy and execution of all areas of the company and was 500,000 Customers in manufacturing, transportation, retail and healthcare. Under his leadership, Global Industrial Company achieved market-leading revenue, earnings and stock price growth.

Prior to GIC, Barry was CEO of Adorama, where he orchestrated the turnaround of an iconic omnichannel retailer of professional cameras, photo processing services and consumer electronics. He has also held senior retail and sales roles at notable companies such as Sears, Office Depot, Avnet and Fannie May Candies.

“I am excited to join Party City at a pivotal time as we reposition the company for a stronger future,” said Barry. “Party City is a leading provider of party goods and supplies, and I see many opportunities to strengthen our financial performance and build a leading end-to-end celebration experience for consumers. I look forward to working closely with our team members, leadership team and board of directors to create value for all of our stakeholders.”

About Party City Holdco Inc.

Party City Holdco Inc. (PCHI) is a global leader in the party industry with offerings spanning more than 70 countries around the world. Party City is the largest retailer of party supplies in North America.

PCHI operates several business segments within its retail and consumer products division. In retail, Party City (partycity.com) is the leading omnichannel retailer in the party category, operating more than 750 company-owned and franchised stores. The consumer products division includes the design and manufacturing company Amscan, an industry leader in party decorations, tableware, costumes and accessories.

PCHI’s headquarters are located in Woodcliff Lake, New Jersey with additional locations in North and South America and Asia.