The latest news and analysis about management, board and supervisory board changes in the outdoor industry.
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 ...
Wolverine announces two executive appointments
Wolverine Worldwide, owner of the Merrell, Sperry, Saucony, Wolverine and Keds brands, among others, has made a couple of executive appointments to ring in the new year.
Jack Wolfskin has found a new CEO
Richard Collier will be the new chief executive officer of Jack Wolfskin, effective Dec. 1. In this function, the 47-year-old Briton will be responsible in particular for the successful continued development of the strategic brand positioning and the further internationalization of the brand. He succeeds Melody Harris-Jensbach, who has been ...
Changing of the guard at Rossignol
(SGI) After 16 years at the helm of Groupe Rossignol, Bruno Cercley will hand over the position of CEO to Vincent Wauters, who joins the company on Dec. 1, to pursue the global development of Groupe Rossignol’s core business while continuing to develop the enormous potential of apparel and e-commerce. ...