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Turning Point Brands Appoints David E. Glazek As CEO Effective October 1, 2026 - TPB News | Rallies

Turning Point Brands Appoints David E. Glazek As CEO Effective October 1, 2026

TPB•2026-09-21

Executive leadership changes

Sept. 21 (Reuters) - Turning Point Brands, Inc. TPB.N:

Turning Point Brands announces executive leadership changes
Turning Point Brands appoints David E. Glazek as CEO effective October 1, 2026
Turning Point Brands says Graham Purdy steps down as CEO for personal reasons

FY2026 guidance reaffirmed and tightened

Turning Point Brands reaffirms FY2026 Modern Oral gross sales guidance of $330 million-$350 million
Turning Point Brands reaffirms FY2026 net sales guidance of $260 million-$270 million
Turning Point Brands tightens FY2026 EBITDA guidance to $70 million-$80 million
Guidance assumes no margin benefit from onshoring manufacturing until 2027 and prolonged, higher freight costs

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