Winmark Corp (NASDAQ:WINA) is one of the best micro and small cap stocks to buy according to Jim Simons’ Renaissance Technologies.
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On May 6, Winmark Corp announced changes on its board of directors. The company said that Lawrence A. Barbetta, who has served on its board as an independent director since 2012, is leaving the board. Barbetta’s term on the board has reached the limit, so he will not stand for re-election at the company’s next annual shareholder meeting in April 2027.
As Barbetta departs the board, Winmark is bringing a new director on board. The company has appointed Stephanie S. Hoppe to its board as well as to the compensation and nominating committees. This appointment brings a marketing specialist to Winmark’s board.
Hoppe is currently the vice president of omnichannel marketing at Casey’s General Stores, a convenience store retailer with footprints across 19 states. Prior to Casey’s, Hoppe held senior marketing roles with various major retailers and franchisors, including 7-Eleven and Cicis Pizza.
Winmark said that Hoppe brings more than two decades of experience in senior marketing and brand leadership across diverse types of retail businesses. Moreover, the company said Hoppe brings deep expertise in consumer insights, brand positioning, digital marketing, and omnichannel strategy.
Minnesota-based Winmark Corp operates in the resale retail industry. The company operates a franchise business model where stores bear its brand but are operated by independent local franchisees. Winmark stores buy and resell used goods in categories like clothing, gear, and equipment.
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