NextPlat Mourns the Loss of Executive Chairman and CEO Charles M. Fernandez

NextPlat Mourns the Loss of Charles M. Fernandez

NextPlat Corp, a globally recognized e-commerce provider, is deeply saddened to announce the unexpected passing of its Executive Chairman and CEO, Charles M. Fernandez, on May 24, 2025. His sudden departure leaves a profound impact on the company and its stakeholders, highlighting a void that cannot easily be filled.

Legacy of Leadership

Charles Fernandez had been at the helm of NextPlat since July 2021, leading the company through a period of significant growth and strategic acquisition. Under his stewardship, NextPlat established itself as a major player in the global e-commerce market, focused on technology and healthcare sectors. His vision and commitment enabled numerous ventures that helped businesses optimize their online sales strategies, a foundation that will continue to drive the company’s mission forward.

In a statement, Doug Ellenoff, the Vice Chairman of NextPlat, expressed disbelief and sorrow at the news. He stated, "We are shocked and saddened by Charlie's unexpected passing. He was a dedicated leader and an even better friend. His quiet demeanor and deep commitment to his family, friends, and NextPlat will be missed profoundly."

Transitioning Leadership

In light of this unfortunate event, the NextPlat Board of Directors has promptly appointed Rodney Barreto as the interim Chairman and David Phipps as the interim Chief Executive Officer. Barreto, who has been a board member since January 2022, brings a wealth of experience from his successful business career spanning over 35 years. He has previously chaired significant events, including the FIFA Miami World Cup Host Committee and several Super Bowl Host Committees, amassing over $100 million for various causes.

David Phipps, currently the Managing Director of NextPlat's UK subsidiary, GTC, has extensive experience within the company, having led it from its start-up phase to its listing on Nasdaq in 2021. His prior leadership was crucial in navigating the challenges of the early years, and the board looks forward to leveraging his expertise during this transitional phase.

A Personal Loss

Charles is survived by his beloved wife and three children. The company has decided to respect the family's privacy during this difficult time, refraining from additional comments while they mourn their loss. The statement also reflects a shared mourning within the NextPlat community, as employees remember a leader who valued loyalty and integrity.

NextPlat’s Future

Despite the challenges posed by this drastic change in leadership, NextPlat aims to remain committed to its strategic goals. The company's mission to enhance its e-commerce capabilities across various sectors remains steadfast. As they search for permanent leadership to guide the company forward, the interim executives are focused on maintaining business continuity and ensuring that NextPlat continues to thrive.

The e-commerce sector is positioned for continued growth, and NextPlat plans to leverage its established infrastructure and partnerships in this evolving landscape. They offer a range of products, from IoT solutions to healthcare data management services, designed to empower businesses and improve customer experiences.

As they navigate this rocky transition, NextPlat encourages its stakeholders to stand united in honoring the contributions of Charles M. Fernandez while looking ahead to a future filled with potential and innovation. The legacy left by Fernandez will undoubtedly shape the direction of the company for years to come, and his vision is expected to influence the strategies implemented by the new leadership team.

In closing, NextPlat extends not only its condolences to Charles' family but also to anyone influenced by his remarkable leadership and dedication. The company remains committed to carrying out his vision as they forge ahead into the future.