cpap.com Holding Company appoints Joe Megibow as CEO, aiming to speed up growth and drive innovation

cpap.com, a trusted leader in the CPAP eCommerce space for over 25 years, has appointed Joe Megibow as its new Chief Executive Officer. Somnum Bene Holdings LLC, the holding company of cpap.com, made the announcement following Megibow's successful tenure at various consumer businesses.

With over two decades of experience in online and brick & mortar consumer businesses, Megibow previously served as CEO of Casper Sleep, Bright Cellars, Purple Innovation, and Lamps Plus (Board Director). His track record of driving growth, digital innovation, and transformative leadership has caught the attention of Mark Woods, Partner at Cathay Capital, who believes Megibow is an ideal person to lead cpap.com.

Cathay Capital, an investment firm that supports healthcare, technology, and consumer companies, has been instrumental in cpap.com's growth and international expansion. Tiger Global, another supporter of cpap.com, has also played a significant role in the company's success.

cpap.com empowers customers to take control of their sleep therapy journey by simplifying the prescription process and offering unmatched customer support. The company operates cpaptalk.com, the largest peer community for CPAP users, and is dedicated to improving sleep health by offering a wide selection of high-quality CPAP equipment and resources.

In his new role, Megibow will focus on expanding cpap.com's product offerings, enhancing customer experience, and leveraging artificial intelligence and analytics. He believes there is enormous opportunity to grow the business and improve many lives as over 30 million people in the US alone are affected by sleep apnea, with approximately 80% still undiagnosed.

Co-founder, former CEO, and board member Johnny Goodman expressed gratitude and confidence in Megibow's leadership. Cathay Capital's platform connects people with global reach and local expertise, including investors, entrepreneurs, management teams, and leading corporations. As a firm that helps companies navigate opportunities for growth, international expansion, and sustainable transformation, Cathay Capital is known for its role in cpap.com's success.

cpap.com is more than a retailer; it is on a mission to guide people back to the vibrant world of good sleep. The company aims to provide accessible, high-quality sleep solutions to its customers, supporting them at various stages of their sleep therapy journey, including those newly diagnosed, returning to therapy, and seeking comprehensive support.

Cathay Capital manages over $5.5 billion in assets and has made over 250 investments in various verticals, including healthcare, technology, and consumer, from offices in multiple countries. As cpap.com continues to lead the U.S. CPAP ecommerce market, Megibow's appointment marks an exciting new chapter for the company and its commitment to improving sleep health for millions of people.

cpap.com Holding Company appoints Joe Megibow as CEO, aiming to speed up growth and drive innovation