Jerash Holdings (US), Inc. announced senior executive appointments to further its global expansion strategy and operational capabilities. The Company appointed Karl Brenza as Head of US Operations, a new role focused on organic and strategic growth, and Richard Shaw as full-time Chief Financial Officer, a role which he had previously fulfilled on a part-time basis. Karl Brenza was appointed as Head of US Operations, a new role intended to accelerate Jerash's growth capabilities.

Mr. Brenza will provide high-level managerial, strategic and operational services for Jerash's US operations on a part-time basis, as well as support for the Company's other operations in Jordan and Hong Kong. His responsibilities will include working with US-based customers, managing Jerash's outside relationships in the US and helping to direct global initiatives including capacity expansion plans, and capital allocation. The Company also appointed Richard Shaw as full-time Chief Financial Officer, a role which he has fulfilled since May 2017 under a part-time services contract.

Mr. Shaw is responsible for management of the Company's global financial teams and overseeing timely preparation and filing of Exchange Act reports, ensuring that filings are completed in accordance with US GAAP and SEC guidelines. Additionally, he and Mr. Brenza will jointly lead relationships with the US based professional team, investor relations initiatives in the US and corporate strategy and business development initiatives, including identification and evaluation of potential M&A transactions. Mr. Brenza has over 25 years of investment banking and financial advisory experience as well as significant operational and technology experience as a corporate executive.

Mr. Brenza currently serves as Senior Managing Director of Paulson Investment Company, LLC.