Mon. Sep 25th, 2023
Figs Appoints New Chief Expertise Officer

Healthcare attire model Figs has appointed Mark Bixby as its new chief know-how officer. Bixby can be chargeable for utilizing Figs’ knowledge and know-how capabilities to develop a extra seamless and personalised expertise for healthcare professionals. Bixby joins the corporate after serving as vp of engineering at GameStop, and beforehand holding roles at Chewy and Wayfair.

Figs goals to boost its tech capabilities with the addition of Bixby. The CEO and co-founder of Figs, Trina Spear, expressed pleasure over having Bixby on the workforce, highlighting his experience in creating know-how options. Figs has at all times been a frontrunner in knowledge and know-how inside the healthcare attire trade, and they’re dedicated to sustaining that place as they work in direction of their aim of reaching $1 billion in annual internet revenues.

The appointment of Bixby follows Figs’ current launch of a digital stethoscope in partnership with well being know-how firm Eko Well being. The Figs Eko Core 500 stethoscope incorporates a full-color display screen with coronary heart fee and electrocardiogram tracing. The corporate’s second-quarter outcomes confirmed a 13% enhance in revenues in comparison with the earlier 12 months, with a internet earnings of $4.6 million. Figs additionally noticed a 21% enhance in energetic clients, bringing the whole to 2.5 million.

Throughout an earnings name, the CFO of Figs, Daniella Turenshine, famous that the corporate skilled larger success bills on account of elevated storage prices. Nonetheless, Spear talked about that they anticipate storage prices to lower over the subsequent two quarters as they work by extra stock and put money into a undertaking to enhance success effectivity.

By Editor