Karat IPO Presentation Deck
EXPERIENCED AND GROWTH ORIENTED MANAGEMENT TEAM
Alan Yu
-
■
Ann Sabahat
CFO
CPA with 25+ years experience of financial management
experience
Marvin Cheng
■
Joanne Wang
+
Management Team Bios
Co-Founder
Chairman & CEO
Two decades of experience as co-founder, Chairman and
CEO
H
Amy Tsen
.
Co-Founder, Director
Vice President-Manufacturing and Secretary
Two decades of experience managing supply chains and
manufacturing
■
Chief Operating Officer
Establishes pricing structure and sales training
Prior experience in sales and marketing for various
telecommunications companies
Daniel Quire
VP of Finance
Leads the preparation of financial statements, tax filings and
general accounting oversight
Director of Sales
Focused on expansion of the sales in the Eastern U.S.
Over a decade of sales management experience in the food
service setting
CONFIDENTIAL
Success in Achieving Key Recent Initiatives
Significant investments to establish and grow our
online distribution channel www.lollicupstore.com
Opened a 108,000 square foot distribution facility in New
Jersey in July 2020
Expanded our fleet of trucks to bolster our logistics
capabilities
Installed our own proprietary Warehouse Management
System (WMS)
Reduced excess production and labor costs from our
manufacturing operations
Reduced professional fees from outside sales
representatives and brokers who historically have been
less efficient than our growing internal sales force
Expanded our in-house sales team by 18% in 2020 to 13
sales people spread across the country
Karat 13View entire presentation