Funko appointed Cliff Engle as senior vice president of distribution, logistics and operations, effective April 7, according to a press release.
In his new role, Engle will oversee Funko’s global distribution and logistics operations, including its primary U.S. distribution center in Arizona and facilities in the U.K. Engle will also work to advance the company’s end-to-end supply chain strategy, per the release.
Engle has more than 25 years of global supply chain and operations experience, according to his Funko bio. Before joining Funko, Engle held leadership roles at several companies, including Amazon, The Home Depot and PetSmart. Most recently, Engle served as chief supply chain officer at PrimeSource Building Products.
“As we navigate shifting supply chain dynamics—including the impact of tariffs—Cliff’s leadership could not come at a more critical time,” Funko CEO Cynthia Williams said in the release.
Like other retailers, Funko has been looking to mitigate changing trade and tariff policies under the Trump administration.
Funko’s products are primarily produced by third-party manufacturers in Vietnam and China, per its latest 10-K filing. The company also manufactures and assembles certain apparel and other products in Mexico, Cambodia and the U.S.
According to the filing, third-party manufacturers enable Funko “to avoid incurring fixed manufacturing costs, while maximizing flexibility, capacity and capability.” Funko also does not have long-term contracts in place with its suppliers.
In a Nov. 7 earnings call, Williams told analysts that the company has been trying to diversify its supply base away from China over the past several years. At the time of the call, about one-third of Funko’s products were manufactured in China. Williams added that about 10% of that production is part of its Loungefly business, which is already tariffed.
Besides shifting its sourcing network, Funko has been considering several other strategies to mitigate tariffs, including renegotiating factory costs, accelerating production shifts and adjusting prices, CFO Yves Le Pendeven said during a March 6 earnings call.
