NextPlat Corp Strengthens Leadership with New CFO
NextPlat Corp, a prominent global consumer products and services company focused on healthcare and technology solutions, has made a significant leadership change by promoting Amanda L. Ferrio to the role of Chief Financial Officer (CFO). This move comes as part of the company's strategy to enhance its financial operations and drive better performance. With her extensive experience in accounting and finance, Ms. Ferrio is expected to contribute significantly to the company's future growth.
A Proven Track Record in Finance
Ms. Ferrio brings over 15 years of financial expertise, having held crucial roles in both Nasdaq-listed and private companies. Before her promotion, she was the Vice President of Accounting and Finance at Progressive Care LLC, a healthcare operation acquired by NextPlat recently. During her tenure there, she demonstrated her strong capabilities by overseeing financial reporting, budgeting, and managing SEC filings, which are crucial aspects of a company's financial health.
According to David Phipps, CEO of NextPlat, Amanda has consistently showcased her dedication and skills in supporting the company's evolving financial landscape. He expressed high hopes for her future contributions, emphasizing her deep understanding of the business, which will be instrumental as they work towards improving financial performance and delivering sustainable shareholder value.
Transitioning Responsibilities
Ms. Ferrio succeeds Cecile Munnik, CPA/CA, who is leaving the company following a transition period. Under Munnik’s leadership, NextPlat expanded its domestic and international operations significantly over the last five years. Phipps thanked Munnik for her contributions, highlighting her role in the company's growth and wishing her well in her future endeavors.
“I am excited about the opportunity to further contribute to the ongoing efforts to transform NextPlat,” said Ms. Ferrio. She is eager to collaborate closely with the Board of Directors and the leadership team to enhance operational and financial performance.
A Bright Future Ahead
Before her role at Progressive Care, Ferrio held several senior finance roles, including Controller at BBC International, LLC, and Senior Manager of Financial Reporting and Compliance at Willis-Lease Finance Corporation. She also worked as a Senior Accountant at BioMatrix Specialty Pharmacy and FedNat. Her educational background includes a Master of Science and a Bachelor of Science in Accounting, underscoring her rigorous academic training in the financial sector.
NextPlat Corp continues to position itself as a leader in providing healthcare and technology solutions. The company operates globally, offering a variety of e-commerce services aimed at optimizing sales for businesses. With this new appointment, there is an expectation that Amanda Ferrio will enhance the company's financial strategies and leverage her expertise to navigate the complex business landscape.
For more details about NextPlat and its services, visit
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