On October 14, 2025, NextPlat Corp. announced the promotion of Amanda L. Ferrio to Chief Financial Officer, effective immediately. The announcement was made by the company’s CEO, David Phipps, and noted that Ferrio will replace Cecile Munnik, who is departing after completing a transition period that included filing the company’s quarterly report for the period ended September 30, 2025.
Ferrio brings more than 15 years of accounting and finance experience, most recently serving as Vice President of Accounting & Finance at Progressive Care, the healthcare operation acquired by NextPlat last year. During her tenure at Progressive Care, she oversaw financial reporting, budgeting, forecasting, and SEC filings, and managed the company’s accounting department. Her deep knowledge of NextPlat’s healthcare and e‑commerce businesses positions her to lead the company’s financial strategy during its ongoing transformation.
Cecile Munnik, CPA/CA, will depart the company following the transition period. The announcement highlighted Munnik’s five‑year leadership at Progressive Care and NextPlat, during which she contributed to the expansion of domestic and international operations. Her departure marks the end of a significant chapter in the company’s financial leadership.
The appointment of Ferrio as CFO is a material event for investors, as it signals a continuity of financial stewardship while aligning the company’s financial oversight with its strategic pivot toward higher‑margin healthcare services and streamlined e‑commerce operations. Her experience in both the healthcare and e‑commerce segments is expected to support NextPlat’s goal of improving operational and financial performance and driving sustainable shareholder value.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.