The latest news and analysis about management, board and supervisory board changes in the outdoor industry.
Anta CEO hands over duties while group reshuffles management positions
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
Cotopaxi adds three new management positions
U.S. brand Cotopaxi has added three new executives to its senior management team during the last months: Kamal Thota, vice president of technology, Jason Hermann, vice president of corporate sales, and most recently Charlie Mangini, who joined the company as its vice president of operations.
Equip regaining independence, announcing management changes
Fundamental changes to the Equip Outdoor Technologies UK Ltd. (Equip) company structure: the parent company of Rab and Lowe Alpine announced a multi-million BP financing package with British bank HSBC UK. The financial backing aims to enable Equip to repay investors, including long-time partner Mobeus VCTs, which is advised by ...
VF seeks new permanent CEO following Rendle’s decision to step down
VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board since 2009, will serve as interim chairman of the board.
Bike industry veteran Pat Cunnane named CEO of Messingschlager USA
Europe’s leading and expanding bicycle accessories supplier Messingschlager GmbH & Co. KG has been able to win over a high-profile industry expert. The German company, which acquired its longtime U.S. partner company – then called Cycle Force Group – and its subsidiaries at the end of 2021 and shortly thereafter ...
Pentland Brands Germany undergoes restructuring, Berghaus with comeback
With the restructuring of Pentland Brands Deutschland GmbH, founded in 2020 in Gmund in southern Germany, which as an offshoot of the British Pentland Group also distributes the group’s Endura and Speedo brands in the DACH region, the well-known British mountain sports brand Berghaus is now also making a strong ...
Italmobiliare announces new Sidi CEO after takeover
With domestic investment holding company Italmobiliare Holding S.p.A. (we reported in July) set to complete the acquisition of Italian cycling and motorcycle footwear icon Sidi Sport S.r.l. in the current fourth quarter of 2022 “at an enterprise value of €66 million plus €20 million in net cash held by the ...
Regatta Group strengthens leadership team
U.K.-based Regatta Group, the parent company of the Regatta, Craghoppers and Dare2b brands, has announced two new senior leadership positions. Dr. Orla Flynn started her role as the new chief operating officer in October, replacing longtime employee David Holt, who will retire next summer and no longer serve on the ...
SRAM veteran transfers to World Bike Relief
After nearly 30 years in the bicycle industry, “DZ” David Zimberoff will soon leave his position as vice president of marketing at U.S. bicycle component manufacturer SRAM Group (Avid, Hammerhead, Quarq, SRAM, Rockshox, Time Sport, Truvativ, Velocio, Zipp brands) to focus on a transportation research project for World Bicycle Relief ...
Vista Outdoor’s CFO to leave the company
Vista Outdoor announced that Sudhanshu Priyadarshi, the company’s CFO, has decided to pursue another opportunity after two and a half years in his role and will step down from his position in November. Priyadarshi will continue to perform his duties until his departure, including the release of the company’s second ...