It’s been a tumultuous thirteen months for Solo Stove’s parent company, Solo Brands. They replaced their CEO, then proceeded to replace their entire executive team, and most recently conducted layoffs.
They hired a well-known consulting firm to develop a new strategy, didn’t introduce much innovation, and their stock price has been trading under $1. To cap off the transitionary period at the company, Chris Metz, their CEO and President (the one they hired thirteen months ago), has resigned.