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BuildDirect Appoints David Lazar as Interim Chief Executive Officer

General News Technologies Inc. (“BuildDirect” or “Company”), announces that the Board of Directors has appointed Mr. David Lazar to the role of interim Chief Executive Officer (“CEO”) effective January 1, 2022. The appointment of Mr. Lazar remains subject to receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.

Mr. Lazar has deep digital and traditional experience building scale and driving transformation within eCommerce, subscription, and retail companies. Most recently David held the role of CEO at Bailey 44, a premium apparel company where he helped rebuild the brand, executive team, and business strategy to position the company for growth, enabling its successful sale to Digital Brands Group in February 2020. David has also held a range of CEO and senior executive roles with organizations including Wantable Inc., Joyus Inc., Stitch Fix, Twenty Tees, in addition to advising Facebook on its retail strategy (FB Shops).

“I am thrilled to take on the interim role of CEO at this pivotal time for BuildDirect as we focus on our mission of transforming the home improvement space,” said David Lazar, Interim CEO. “I look forward to working with the entire BuildDirect team to execute on the initiatives that will lead our company during this next phase in our growth story.”

About BuildDirect

BuildDirect (TSXV: BILD) is an innovative technology platform for purchasing and selling building materials online. The BuildDirect platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking and more. BuildDirect’s growth, proprietary heavyweight delivery network, and digital reach have served to solidify its role as a ground-breaking player in the home improvement industry. For more information, visit

Source: Technologies Inc.