Avelli Names David P. Maytubby as Chief Financial Officer

BOULDER, Colo. — Lifestyle brand management company Avelli, Inc. announced the addition of David P. Maytubby as Chief Financial Officer.

“Avelli is preceded by its reputation, and I embrace the opportunity to bring my skills and experience to a company that has such a commanding presence in its field,” Maytubby said. “I look forward to working with the Avelli team and helping the company grow over the next several years.”

As CFO, Maytubby will be responsible for maintaining Avelli's overall financial framework. He brings more than 26 years of finance management to the position, having most recently served at Solix Biofuels, Inc., where among other accomplishments he placed $16.5 million of private equity financing with tier one strategic and venture capital firms.

Prior to that, Maytubby served as CFO of The Broe Companies, Inc., an international investment, acquisition and operational enterprise, where he successfully negotiated transactions totaling more than $660 million.

“The CFO is a critical role in any company, and we at Avelli are fortunate to have found such a strong candidate with a proven track record of stellar financial leadership,” said Randall Hughes, Avelli’s president and CEO. “I am excited to welcome David to the Avelli team, and I am confident that his expertise and performance will be paramount to Avelli's financial strength and growth.”

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Fleshlight Outlines 2025 Strategy

Fleshlight is marking its 2025 impact on the pleasure product industry.

Womanizer Launches New Brand Ambassador Program

Womanizer has launched a brand ambassador program.

Mystim Debuts 'Tension Lover 2' E-Stim Device

Pleasure brand Mystim has introduced its new Tension Lover 2 e-stim device.

Blush Introduces 'Aqua Jet' Cleansing Douche

Blush has debuted the new Aqua Jet cleansing douche from its Anal Adventures collection.

Lovers Launches 2nd Phase of 'Feel Good, Do Good, Give Good' Campaign

Sexual wellness brand and retailer Lovers has launched the second phase of its philanthropic campaign for 2025, titled "Feel Good, Do Good, Give Good."

Bodispa Inks Distro Deal With Shunga

Bodispa has signed a distribution deal with Shunga Erotic Art.

EIS Acquires Willie.nl, Willie.be

German wellness group and Satisfyer parent company EIS has acquired Willie.nl and Willie.be.

Orion Expands Cottelli 'Fantasy' Line

Orion Wholesale has added four new lingerie sets to its Cottelli Fantasy collection.

Biird's 'Namii' Highlighted on Bustle

Bustle has featured Biird’s Namii in a roundup about clitoral stimulators.

Blush Expands 'Aria' Collection With 4 New Vibes

Blush has introduced four upgraded versions of vibrators from its Aria collection.

Show More