NexGel Appoints Shutterstock CFO Steve Ciardiello to Board of Directors.

NEXGEL, a medical and OTC product provider, has appointed Steve Ciardiello, CPA, to its Board of Directors. Ciardiello has over 25 years of experience as a senior finance executive and is currently the Chief Accounting Officer of Shutterstock. His appointment is expected to bring financial leadership, strategic execution, and corporate governance expertise to NEXGEL.

NEXGEL, Inc. (NASDAQ: NXGL), a leading provider of medical and over-the-counter (OTC) products, has appointed Steve Ciardiello, CPA, to its Board of Directors. This move is expected to bring significant financial leadership, strategic execution, and corporate governance expertise to the company. Ciardiello, who currently serves as the Chief Accounting Officer of Shutterstock, Inc. (NYSE: SSTK), has over 25 years of experience in senior finance executive roles [1].

Ciardiello's appointment comes at a crucial time for NEXGEL, which has been focusing on innovation and growth. Adam Levy, CEO of NEXGEL, expressed his excitement about the addition, stating, "Steve’s extensive experience, financial leadership, and deep understanding of public company operations make him an exciting addition to our Board. His financial acumen and leadership experience will be of great value to NEXGEL as we enter this next stage of growth" [1].

As the CAO of Shutterstock, a leading global creative platform, Ciardiello has led numerous financial transformation initiatives, improved reporting efficiency, and streamlined enterprise resource planning and financial operations. Prior to Shutterstock, he held several finance leadership positions, including the redesign of the financial close process and the implementation of a global ERP system. His background in Big 4 public accounting adds to his extensive expertise [1].

NEXGEL, based in Langhorne, Pa., has developed and manufactured electron-beam, cross-linked hydrogels for over two decades. The company's brands include Silverseal®, Hexagels®, Turfguard®, Kenkoderm®, and Silly George®. Additionally, NEXGEL has strategic contract manufacturing relationships with leading consumer healthcare companies [1].

The appointment of Ciardiello aligns with NEXGEL's strategic goals and is expected to contribute to its ongoing growth and innovation. His financial expertise and operational experience will be instrumental in guiding the company through its next phase of development.

References:
[1] https://www.morningstar.com/news/globe-newswire/9506239/nexgel-appoints-chief-accounting-officer-of-shutterstock-steve-ciardiello-cpa-to-its-board-of-directors