Exexcutive Changes – Page 4
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ArticlePinarello’s good results accelerate further investments
Based on the good financial results of the 2021/22 fiscal year (ended June 30), Italy’s Cicli Pinarello s.r.l. is looking to a bright future. For the current fiscal year 2022/23, the road bike supplier is expecting a growth rate of between 25 and 30 percent – “still considering the limitation ...
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ArticleSnow Peak USA announces new leadership structure
Snow Peak, the outdoor gear and apparel company originally from Japan and currently distributed in Asia, the U.S. and the U.K., has reorganized its leadership structure in the U.S. While the brand continues to grow in the territory – more than tripling its sales over the past four years – ...
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ArticleHoudini strengthens global leadership, opens U.S. office in Portland
Swedish outdoor brand and circular business pioneer Houdini has announced a strengthened global leadership team and the establishment of a U.S. office in Portland, Oregon. Niclas Bornling has been named general manager for North America, and Brian Anthony becomes director of sales and merchandising. Both are working out of the ...
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ArticleRebecca Heard promoted evo's first CMO
Source: evo evo’s new CMO, Rebecca Heard evo, the Seattle-based outdoor retail and adventure brand, announces that Rebecca Heard, VP of brand, marketing, and e-commerce, has been promoted to the company’s leadership team as its first chief marketing officer. In her new role, Heard will oversee evo’s ...
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ArticleAdventure Travel Trade Association announces new board of directors
The Adventure Travel Trade Association (ATTA) has appointed a board of directors, marking a shift away from the advisory board it has had for the last 18 years. The change was initiated at the height of the Covid-19 pandemic when traditional banks were reluctant to work with the private sector ...
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ArticleFelix Münnich becomes the new chief commercial officer at Mammut
Münnich comes from one of the top players in the sporting goods business to Mammut.
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ArticlePaul Lange management expands with third-generation family member
Source: Paul Lange & Co. Paul-César Lange Stuttgart-based bicycle wholesaler and importer Paul Lange & Co OHG has filled the newly created position of chief strategy officer (CSO) with Paul-César Lange, who will be responsible for strategic direction in his new role with immediate effect. He will ...
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ArticleRiese & Müller with new management structure and first-time management board
Almost 30 years ago, Markus Riese and Heiko Müller, then students, founded the bicycle company Riese & Müller GmbH (R&M). Since then, the German business has grown from a folding bike start-up to a global player in the e-bike market and today employs over 900 people and generates annual sales ...
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ArticleThe next generation strengthens Edelrid's management
Source: Edelrid Vitus Wuhrer Since Aug. 1, 2022, Vitus Wuhrer has reinforced the management of Edelrid GmbH & Co.KG, the German company specializing in the manufacture of PPE (personal protective equipment) items for alpinism and mountaineering as well as professional applications, and part of the Vaude Group. ...
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ArticleRetirement of SRAM’s long-serving CFO
Source: SRAM Group Mike Herr After 28 years with the SRAM Group, Mike Herr is retiring from his post as CFO at his own request. As his successor, the U.S. bicycle supplier has recruited Heather Bridges to its Chicago headquarters. She joins from global brand leader Halo ...
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ArticleSilva with new corporate appointments
After Silva was acquired by Northern European specialist growth equity investor Verdane in mid-2021, the new owner presented a comprehensive business plan until 2025, focusing on growth in the main markets of Sweden, Norway, the U.K. and Germany. It also identifies marketing as one of the key success factors, along ...
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ArticleElevate Outdoor Collective reorganizes global sales structure
Elevate Outdoor Collective (EOC), formerly K2 Sports, which includes the K2 Ski, K2 Snowboarding, Völkl, Marker, Dalbello, Line, Ride, BCA, Tubbs Snowshoes, Atlas Snowshoes, Madshus and K2 Skates brands, has announced a fundamental change to its global sales structure designed to support the growth of the independent brands. The change, ...
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ArticleBruno Maier takes over helm of UWI from Claude Jordan
Source: UWI Bruno Maier Following the retirement of the previous CEO and president of United Wheels Inc. (UWI, with bicycle brands Batch Bicycles, Buzz E-Bikes, Huffy, Niner Bikes, Royce Union and Vaast Bikes), Claude Jordan, after nearly four years in office, the U.S.-based company, under the wing ...
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ArticlePatrik Frisk to exit Under Armour
Source: Under Armour Patrik Frisk Nearing the completion of a multi-year, $525 to $550 million restructuring, and 10 days after disclosing that short-term challenges will impact its sales, profitability, and margins for much of 2022, Under Armour on May 18 appointed Colin Browne as its interim president ...
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ArticlePål Wibe steps down as chief executive of XXL
Source: XXL ASA Pål Wibe, CEO XXL ASA The board of Nordic sports retailer XXL ASA and Pål Wibe agreed on May 13 that the latter will step down as CEO on Sept. 1 of this year. The Norwegian Sports Industry Association wrote in a statement that ...
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ArticleLenzing’s Q1 revenues grow double-digit despite rising costs
Lenzing, the Austrian manufacturer of wood-based specialty fibers, posted revenues of €615 million in the first quarter of 2022, representing a 25.7 percent increase year-on-year, primarily driven by continued high demand for wood-based biodegradable specialty fibers and higher fiber prices. Specialty fibers currently account for 73.3 percent of its fiber ...
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ArticleManagement team changes at Exped
With Hubi Rutishauser, international sales manager and board member, leaving the Zurich-based company Exped after 28 years, Eicke Thiele succeeds him on the company’s three-member executive board and was appointed director of marketing and sales, effective April 1. Thiele has already been with the company for the past six years ...
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ArticleSwiss Ski Pool CEO to lead Lowa Switzerland
Source: Swiss Ski Pool Christian Zingg The Bernese Oberland trading company Lowa Schuhe AG Schweiz will see a new boss in mid-2023: After more than 22 years at the helm, CEO René Urfer will retire and hand over the management to Christian Zingg in mid-2023 after a ...
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ArticleRestructuring of SRAM’s European OE sales team
After seven successful years as director of OE sales Europe at bicycle component manufacturer SRAM Group (brands Avid, Hammerhead, Quarq, Rockshox, SRAM, Time Sport, Truvativ, Zipp), Uwe Reichelt is entering his well-deserved retirement. The German company has already used the last few months to reorganize and expand the European OE ...
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ArticleFrasers Group expands its leadership team with new managing director for cycling
U.K.-based Frasers Group has announced the appointment of Russell Merry as managing director for cycling. The group, which claims to be aiming for market leadership in the U.K. cycling sector, currently operates more than 70 stores across the country and a website with Evans Cycles, founded in 1921. This, along ...
