Latest Executive Changes
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Bruno 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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Patrik 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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Pål 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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Lenzing’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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Management 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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Swiss 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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Restructuring 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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Frasers 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 ...
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New Global GM for Gregory in the U.S., new structure for Europe
Source: Gregory John Sears Gregory Mountain Products, one of the leading backpack manufacturers for more than four decades and headquartered in Salt Lake City, Utah, just revealed the appointment of John Sears to the company’s new global general manager, as of January. Sears has been with the ...
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Mountain Hardwear expands its leadership team
Mountain Hardwear, a wholly-owned subsidiary of Columbia Sportswear Company, has announced three internal promotions, including a new vice president of product line management and merchandising, and two new hires. In 2021, Mountain Hardwear experienced tremendous growth over the past year, including a 33 percent increase in net sales and a ...
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Woom Bikes with new management
Mathias Ihlenfeld has taken over the overall management of Austrian children’s bicycle manufacturer Woom as CEO at the turn of the year. Born in Germany, Ihlenfeld founded Woom USA in 2014. With an uncompromising focus on DTC retail and customer service, he succeeded in making Woom one of the fastest ...
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Haushofer appointed project director for ISPO shows, Gröber back as head of ISPO
While the pandemic is responsible for the fact that we have not been able to meet in person at any ISPO trade show for almost two years, the situation is certainly particularly challenging for the trade show organizers. In the wake of the many cancellations and digital substitutes, the ISPO ...
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Nick Brown passes on ownership of Nikwax and Páramo to employees
After 45 years as owner and founder, Nick Brown has handed over control over Nikwax and Páramo on Feb. 1 to his employees on three continents at the age of 67 by selling the company to a newly formed Employee Ownership Trust. Nikwax Waterproofing Wax for Leather, 1977 ...
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Ironman Group realigns leadership structure
Florida-based The Ironman Group has announced the promotion of Stefan Petschnig to chief business development officer and Matt Wikstrom to chief partnerships officer, resulting in shifts in the management structure and several promotions. Petschnig’s successor is Thomas Veje Olsen, who has been promoted to SVP & managing director Europe, ...
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Former Nike executive to become TNF’s new global brand president
VF Corp. has named Nicole Otto global brand president of its Denver, Colorado-based outdoor brand The North Face (TNF). Otto will succeed Steve Murray, who will be retiring. Murray had been promoted from president of Americas to global brand president of TNF in October 2020 as part of management structure ...
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Former CEO of Private Sport Shop group to join Moustache Bikes as CEO
French e-bike supplier Moustache Bikes is strengthening its management team ahead of its tenth anniversary, launching a new development phase. On Jan. 1, 2022, Olivier Cantet, an experienced executive from the outdoor and sporting goods industry, who describes himself as a “leading French e-bike specialist,” will join the company as ...
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Odlo reorganizes its business structure in German-speaking countries
Pascal Schweizer, Odlo’s country manager DACH, is seizing the opportunity of the departure of field sales manager Matthias Faller to reorganize responsibilities in the German-speaking region. Faller is leaving Odlo on Oct. 31 after almost five years with the company. Moving forward, a dedicated sales manager will be in place ...
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Prophete Group with management change after successful turnaround
In mid-2019, when the German bicycle supplier Prophete Group ran into difficult waters, the two owner families, Lönne and Prophete, brought the turnaround consultancy Struktur Management Partner GmbH on board. Interim manager Felix Schwabedal was tasked with designing and implementing the restructuring. Effective Oct. 1, 2021, he will now be ...
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Bollé Brands Group with executive changes for e-com, CSR, marketing and sales
Bollé Brands Group has hired new staff for its marketing, business, e-commerce and corporate social responsibility departments to support the plan to strengthen both its digital and local presence, raise awareness of all the group’s brands - Bollé, Cébé, Spy+ and Serengeti - and strengthen its socially responsible investment policy. ...
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Houdini drives expansion of circular economy movement with new shareholder
Swedish outdoor brand Houdini Sportswear announced that Italian investment firm GDTRE will join the brand’s co-founders, Hanna Lindblad and Eva Karlsson, who both hold a minority stake in the company and together own 77 percent of the company, as well as Stefan Ytterborn, founder of POC and CEO and founder ...