eBags Adds Two High Profile Executives to its Strategic Advisory Board

DENVER, Dec. 9, 2015 /PRNewswire/ -- Mike Edwards, eBags President and CEO, announced that Faisal Masud, Executive Vice President, Global E-commerce at Staples (Nasdaq: SPLS) and Scott Henry, Chief Financial Officer at Magic Leap, have joined eBags' Strategic Advisory Board.

Edwards commented, "We are excited to have Faisal and Scott join our Strategic Advisory Board. Both bring a wealth of entrepreneurial and operational experience as well as an understanding of what it takes to excel in the fast-paced technology environment. Faisal and Scott have held senior leadership positions at some of the most progressive and disruptive global brands, including Staples, Amazon, eBay, Magic Leap, and Beats by Dr. Dre."

Masud has over a decade of digital experience, building global e-commerce solutions that drive growth and improve the customer experience. Prior to leading the digital efforts at Staples, Masud was vice president and general manager at Groupon, Inc., where he managed Groupon Goods' strategy and execution in more than 35 countries, and directly coordinated all functions for that unit, including merchandising, inventory, marketing, engineering and operations. Masud also held executive positions at eBay-PayPal and Amazon.  

Henry is currently CFO at Magic Leap, a startup that has raised more than $540 million, and which is developing a Mixed Reality computing platform that will enable people to interact with the world in ways never before possible. Prior to Magic Leap, Henry held CFO roles at Beats Music and Beats by Dr. Dre. He joined Beats in 2011 and led the company's transition from a licensing company to an independent global manufacturer. In early 2014, Henry transitioned to the CFO position at Beats Music, the company he played an essential role in forming within Beats, where he helped lead the company through the launch of the Beats branded music streaming service, the overall transformation from an application development company to operational business and the ultimate acquisition of the company by Apple Inc. in 2014.

Before Beats, Henry served as CFO at several major companies, including Borders Group and Las Vegas Sands.  Earlier in his career, Henry worked as an investment banker for some of the world's largest financial institutions including Salomon Brothers, ABN Amro, ING Barings and Prudential Securities.

eBags also announced that the first week in December established a new company sales record and Cyber Monday was its highest sales day ever. eBags credits its holiday success to partnering with brands to offer exclusive deals, strong demand for eBags branded product, and a commitment to the mobile site experience which saw huge sales gains.

About eBags

eBags is the leading online retailer of handbags, luggage, backpacks, and accessories. With over 24 million bags sold and 3.2 million customer reviews, eBags features 67,000 products from 550 brands, including Michael Kors, kate spade, Tumi, Fjallraven, The North Face, Patagonia, and more. For more information, visit www.eBags.com.

SOURCE eBags, Inc.

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