The latest news and analysis about management, board and supervisory board changes in the outdoor industry.
Boardriders without Peter Knoll
Peter Knoll has left Boardriders, Inc. at the end of March 2021, where he was most recently general manager for Germany, Austria and Switzerland. According to Knoll, his departure was mutually agreed upon, following differing views on organizational and strategic changes within the company. Knoll’s position has not been refilled ...
Clarus hires Anthony Rivera for Black Diamond apparel
Black Diamond has appointed Anthony Rivera as business unit director for its apparel category that was introduced in 2013. Rivera comes to Black Diamond (BD) with technical apparel expertise as the former senior manager of merchandising for Arc’teryx. In his new position, Rivera will be responsible for creating the strategic ...
Shimano launches centennial website and announces executive changes
Shimano is celebrating its 100th anniversary this year with a new centennial website and photobook, which look back at the company’s product and technology achievements. Founded in 1921 by Shozaburo Shimano, the company has now grown to employ more than 11,000 people. The centennial website features photos and videos of ...
Bezos hands over leadership of Amazon
Jeff Bezos will hand over the chairmanship of Amazon’s board in the third quarter of 2021 to Andy Jassy, the head of the cloud business Amazon Web Services (AWS). Amazon made the announcement on Feb. 2 after the U.S. stock market closed in Seattle.
Amer Sports appoints new CEO for Arc’teryx, plans to accelerate DTC
Amer Sports has announced the immediate appointment of Stuart Haselden, a retail industry executive, to the newly created position of CEO of Arc’teryx Equipment, based in Vancouver, Canada. He succeeds Jon Hoerauf, Arc’teryx’ president, who has decided to leave the company to pursue other plans. In his new role, Haselden ...
Greenstorm Mobility: new majority shareholder, new management
Greenstorm Mobility, a young Austrian e-mobility company that combines e-mobility with a sharing and second-hand concept, has a new majority shareholder and a new management duo. While a British private equity firm, Bregal Milestone, invested a “double-digit million amount” in 2018, it now gave another unspecified cash injection, making it ...
Zwift appoints two new executives
Last September, Zwift Inc., a virtual cycling, running and triathlon training platform, raised $450 million (€371.22 million) from various investors to further expand its business. In January, the Californians announced two senior appointments: Shortly after Mark Cote was named senior director, content programming, YuChiang Cheng joined the Zwift team as ...
Swedish DTC brand RevolutionRace with new chairman
RevolutionRace (RVRC), a Boras, Sweden-based D2C startup owned by Altor, a Stockholm-based private equity investment firm, has received a prominent addition to its board. E-commerce professional Paul Fischbein is taking over as chairman of the outdoor company that made around €50m in sales in 2020.
Michael White quits as president of Salomon
Amer Sports announced the immediate departure of Michael White as president of Salomon, indicating that he has decided to “pursue other interests” and adding that it has initiated an external search for a permanent successor. We were unable to find out about his new plans by the time of going ...
Herrmans Group: Increasing investments in team and machine park
Growing demand for bicycles has also led to increasing production capacity at Finnish producer Herrmans Group. Its subsidiary Herrmans Bike Components, in particular, has grown at a good pace in recent years, and it continues to grow. Therefore, the company announced that several (not quantified) investments were made in both ...