Yavor Efremov is a notable figure in the business world, having a strong educational background with a J.D. and a Ph.D. from Yale, along with degrees in mathematics and economics from Furman University. He served as the CEO of Turning...

Yavor Efremov is a notable figure in the business world, having a strong educational background with a J.D. and a Ph.D. from Yale, along with degrees in mathematics and economics from Furman University. He served as the CEO of Turning Point Brands, Inc. from January 2022 until October 2022. Before that, he was the CEO of Motorsport Network, where he was pivotal in restructuring the company and enhancing its operations. His experience includes significant roles at Liberty Media and Goldman Sachs, where he honed his skills in corporate development and investment banking respectively. Efremov joined the board of Turning Point in July 2021, aiming to help shape the company’s strategy, and quickly made an impact by taking on the CEO role only months later. Notably, he also has a passion for improving technological infrastructures, which he demonstrated during his time at Motorsport. His ability to navigate complex corporate environments and drive strategic initiatives reflects his robust expertise in business management and development.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Turning Point Brands CEOs

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Yavor Efremov

Ex-CEO of Turning Point Brands

Education

J.D. from Yale Law School, Ph.D. in economics from Yale University, B.S. in mathematics and B.A. in economics from Furman University

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1974 - 51 years ago

CEO of Turning Point Brands for

0 years 9 months (Jan 2022 - Oct 2022)

Previous Experience

CEO of Motorsport Network, and senior executive at Liberty Media Corp.

Rivals

Competitors/colleagues of Yavor Efremov

Holdings

See how much did Yavor Efremov make over time.

Yavor Efremov has shown a significant engagement with Turning Point Brands' stock, where he received 5,000 shares of restricted stock units (RSUs) that vested in 2022, valued at $150,000. This aligns with his prior roles, as he has actively participated...

Yavor Efremov has shown a significant engagement with Turning Point Brands' stock, where he received 5,000 shares of restricted stock units (RSUs) that vested in 2022, valued at $150,000. This aligns with his prior roles, as he has actively participated in shaping the company’s financial landscape. His wealth in Turning Point saw substantial moments, especially around his appointment as CEO. Recently, he also showcased insider trading activities before leaving the position. Amidst his tenure, he has remained involved in the company's performance metrics and strategic goals, further solidifying his financial stake and influence on the company's stock performance.

Mar 17, 2025

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shares

TPB @ $57.94

Insider Trading

See recent insider trades of Yavor Efremov.

TPB

$264.00

TPB at $24.00/share

Jul 29, 2022

Received

TPB

3,478 shares

TPB

Mar 14, 2022

Received

TPB

$267.75K

TPB at $29.75/share

Mar 14, 2022

Purchase

Compensation History

See how much did Yavor Efremov make over time.

During his time as CEO of Turning Point Brands, Yavor Efremov's compensation included a total package of $600,000 for 2022. His base salary amounted to $400,000, paired with a performance-driven bonus of $100,000. The company also granted him 5,000 shares of restricted stock units (RSUs) in 2022, further contributing an additional value of $150,000. This compensation plan was designed to align his incentives with company performance, factoring in metrics like revenue growth and strategic initiatives. Efremov’s compensation reflects his qualifications, and the strategic importance of his role as CEO, indicating the company’s intent to attract and retain strong leadership during a critical phase of growth.

Year

2022

Total Compensation

$700.00K

Salary

$400.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies to attract and retain top executive talent.

Bonus

$100.00K

Board Justification

The bonus is based on the achievement of specific performance metrics set by the Board of Directors for the fiscal year 2022.

Other

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2022.

Restricted Stock

$150.00K(5K RSU)

Board Justification

5,000 shares of restricted stock units (RSUs) vested in 2022 as part of the long-term incentive plan.

Performance Metrics

Performance metrics include revenue growth, EBITDA targets, and strategic initiatives.

Other Turning Point Brands CEOs

Here are other CEOs of Turning Point Brands

Larry Wexler

Ex-CEO of Turning Point Brands

January 2004 - January 2022

Graham A. Purdy

CEO of Turning Point Brands

October 2022 - Present