Journey Health and Lifestyle Brands Announces Appointment of Adam Karp as Chief Executive Officer and Director

$DIBS
Catalog/Specialty Distribution
Consumer Discretionary
Get the next $DIBS alert in real time by email

Journey Health & Lifestyle Brands ("Journey", or the "Company"), a Virginia-based developer, manufacturer and distributor of direct-to-consumer (DTC) premium, branded products for seniors, today announced the appointment of Adam Karp as Chief Executive Officer, and as a member of Journey's Board of Directors. Most recently, Adam co-founded and served as the CEO of Lively Hearing, Inc. ("Lively"), a direct-to-consumer hearing aid business that was acquired by GN Hearing in 2021 and rebranded to Jabra Enhance.

Adam has more than 20 years of experience as an executive and entrepreneur in the consumer and healthcare industries, with a focus on direct-to-consumer businesses. In 2018, he co-founded Lively, which he helped scale to be a leading brand in the direct-to-consumer hearing category and successfully sold. Prior to Lively, he served in numerous executive roles, including as Chief Marketing Officer at 1stDibs (NASDAQ:DIBS), and as a VP at American Express, FreshDirect, and Barnes & Noble. Adam graduated from the Wharton School at the University of Pennsylvania.

"I'm excited to continue Journey's mission to help seniors age gracefully, safely and independently," said Adam Karp. "Our innovative premium products including the Zoomer®, Air Elite, UpWalker® and Perfect Sleep Chair® are category leaders and we have ambitious plans to add more products and services to help our customers enjoy healthier and more active lives."

Journey was formed in 2021 through a partnership between Peloton Equity ("Peloton") and a management team led by Harvey Diamond and Richard Kolodny, the principal founders of Drive Medical. The Company's mission is to provide its customers with an enhanced quality of life and enable them to continue safely, independently, and gracefully on their "journey" in life. Since its formation, Journey has acquired firstSTREET for Boomers and Beyond and LifeWalker Mobility Products (dba UpWalker) and has built a portfolio of premium branded mobility, comfort and bath-safety products sold online at ShopJourney.com, Amazon and at retail through a national network of providers.

"The Peloton team is incredibly excited to bring Adam onboard," said Ted Lundberg, Co-Founder of Peloton Equity and board member at Journey. "Adam's experience set and direct-to-consumer product and marketing expertise make him ideally suited to lead Journey in its next phase of growth and value creation."

"Journey has built a reputation for delivering world-class products and services to seniors living at home," said Richard Kolodny, Co-Executive Chairman of Journey's Board of Directors. "We are excited to work alongside Adam to help Journey become a category leader within this huge market opportunity."

About Journey Health & Lifestyle

Journey Health & Lifestyle is a family of senior-focused brands offering innovative, premium products and services. From mobility, comfort and bathroom safety, to communication and many other essential categories, Journey's products deliver an enhanced quality of life. The Company's brands include Perfect Sleep Chair®, Zinger®, Zoomer™, UpWalker®, WOW! Computer®, UpBed™ and many more. Journey strives to deliver the highest quality products and experiences to its customers in the places and methods seniors prefer, with its brands found online, on TV and in popular publications.

Visit: shopjourney.com

About Peloton Equity

Peloton Equity, LLC (pelotonequity.com) is a private equity firm focused exclusively on growth capital investments in the healthcare industry. Peloton was formed in 2014 as the successor firm to Ferrer Freeman & Company ("FFC") and invests in companies with between $10 million and $200 million of revenue that have the management team, market opportunity and business model to grow revenues significantly over the life of its investment. Peloton seeks to be a significant investor in companies with high-growth potential, driven by a clear value proposition to the healthcare industry. Peloton's investment team has invested in over 35 unique healthcare companies and has deployed over $800 million in capital. Recent investments include AeroSafe Global, ClearSky Health, AeroCare Holdings and OnPoint Healthcare Partners.

Get the next $DIBS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$DIBS

DatePrice TargetRatingAnalyst
3/18/2024$6.00 → $8.00In-line → Outperform
Evercore ISI
8/15/2022$9.00Overweight
Barclays
6/1/2022Mkt Perform
JMP Securities
3/2/2022$20.00 → $18.00Market Outperform
JMP Securities
3/2/2022Outperform → Market Perform
Raymond James
11/11/2021$23.00 → $20.00Outperform
Raymond James
11/11/2021$19.00 → $21.00Overweight
Barclays
11/3/2021$20.00 → $19.00Overweight
Barclays
More analyst ratings

$DIBS
Press Releases

Fastest customizable press release news feed in the world

See more
  • 1stDibs to Announce Fourth Quarter and Year End 2024 Financial Results on February 28, 2025

    1stdibs.com, Inc. (NASDAQ:DIBS), a leading marketplace for extraordinary design, plans to release its fourth quarter and year end 2024 financial results on Friday, February 28, 2025 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's Investor Relations website. A replay of the webcast will be available through the same link following the conference call, for one year thereafter. About 1stDibs 1stDibs is a leading online marketplace for conn

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary
  • 1stDibs Reveals Luxury E-commerce Report for 2024

    1stDibs presents the latest data on the site's consumer-buying trends from the past year 1stDibs, the leading marketplace for extraordinary design, has unveiled its Luxury E-Commerce Report. Leveraging 2024 data and analytics from its entire platform, the report delves into the changing tastes and trends of 1stDibs' consumer base across its most prominent luxury verticals: art, furniture & lighting, jewelry, fashion, and handbags. As the audience for iconic designers, renowned artists, and timeless design has grown, 1stDibs has expanded its inventory to cater to the growing market while enhancing how these trends are tracked. Key findings across all verticals from the report include:

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary
  • 1stDibs Reveals 2025 Trends from Its Annual Designer Survey, Highlighting Upcoming Color, Furniture and Design Style Trends

    Chocolate brown ends green hues' reign as top color, and Murano-glass lighting makes a big comeback 1stDibs, the leading marketplace for extraordinary design, has shared the results of its eighth annual Interior Designer Trends Survey, taken by 643 interior designers worldwide. This latest iteration continues an industry-leading program to seek feedback on design trends, including project types, sourcing, styles, motifs, and colors. These insights suggest the top trends for the coming year, as well as those losing appeal, and indicate year-over-year shifts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112477735/en/Miami B

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary

$DIBS
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$DIBS
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$DIBS
SEC Filings

See more

$DIBS
Leadership Updates

Live Leadership Updates

See more
  • Journey Health and Lifestyle Brands Announces Appointment of Adam Karp as Chief Executive Officer and Director

    Journey Health & Lifestyle Brands ("Journey", or the "Company"), a Virginia-based developer, manufacturer and distributor of direct-to-consumer (DTC) premium, branded products for seniors, today announced the appointment of Adam Karp as Chief Executive Officer, and as a member of Journey's Board of Directors. Most recently, Adam co-founded and served as the CEO of Lively Hearing, Inc. ("Lively"), a direct-to-consumer hearing aid business that was acquired by GN Hearing in 2021 and rebranded to Jabra Enhance. Adam has more than 20 years of experience as an executive and entrepreneur in the consumer and healthcare industries, with a focus on direct-to-consumer businesses. In 2018, he co-fou

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary
  • 1stDibs Appoints Everette Taylor to Its Board of Directors

    NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ:DIBS), a leading online marketplace for luxury design products, today announced the appointment of Everette Taylor to its Board of Directors. Taylor is the CEO of Kickstarter, the world's premier crowdfunding platform for creative projects. Under Taylor's leadership, Kickstarter was named one of TIME magazine's 100 Most Influential Companies for trailblazing the future of work and the company's global impact in the creator economy. He has been instrumental in investing in the company's Forward Funds program, which creates a more equitable world by giving money to diverse and underrepresented creators on the platform. 

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary

$DIBS
Financials

Live finance-specific insights

See more
  • 1stDibs to Announce Fourth Quarter and Year End 2024 Financial Results on February 28, 2025

    1stdibs.com, Inc. (NASDAQ:DIBS), a leading marketplace for extraordinary design, plans to release its fourth quarter and year end 2024 financial results on Friday, February 28, 2025 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's Investor Relations website. A replay of the webcast will be available through the same link following the conference call, for one year thereafter. About 1stDibs 1stDibs is a leading online marketplace for conn

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary
  • 1stDibs to Announce Third Quarter 2024 Financial Results on November 8, 2024

    1stdibs.com, Inc. (NASDAQ:DIBS), a leading marketplace for extraordinary design, plans to release its third quarter 2024 financial results on Friday, November 8, 2024 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's Investor Relations website. A replay of the webcast will be available through the same link following the conference call, for one year thereafter. About 1stDibs 1stDibs is a leading online marketplace for connecting design lover

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary
  • 1stDibs to Announce Second Quarter 2024 Financial Results on August 6, 2024

    1stdibs.com, Inc. (NASDAQ:DIBS), a leading marketplace for extraordinary design, plans to release its second quarter 2024 financial results on Tuesday, August 6, 2024 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's Investor Relations website. A replay of the webcast will be available through the same link following the conference call, for one year thereafter. About 1stDibs 1stDibs is a leading online marketplace for connecting design l

    $DIBS
    Catalog/Specialty Distribution
    Consumer Discretionary

$DIBS
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more