Escalade, Inc. Appoints Armin Boehm as Chief Executive Officer and President
Escalade (NASDAQ: ESCA) has appointed Armin Boehm as Chief Executive Officer and President, effective April 1, 2025. Boehm will succeed Walter P. Glazer, Jr., who announced his retirement plans in August 2024. Glazer will continue serving as Chairman of the Board of Directors.
Boehm brings over 30 years of leadership experience across global brands. He most recently served as Chief Commercial Officer at Gibson Inc., where he drove growth for musical instrument brands. His previous roles include leading commercial operations at Amer Sports for brands like Salomon and Wilson, managing operations for Puma in Asia, and leading innovation initiatives at Levi Strauss and Adidas.
The appointment follows an extensive search process, with the company emphasizing Boehm's strategic mindset and extensive global experience in the sporting goods industry as key factors in his selection.
Escalade (NASDAQ: ESCA) ha nominato Armin Boehm come Amministratore Delegato e Presidente, con effetto dal 1 aprile 2025. Boehm succederà a Walter P. Glazer, Jr., che ha annunciato i suoi piani di pensionamento nell'agosto 2024. Glazer continuerà a svolgere il ruolo di Presidente del Consiglio di Amministrazione.
Boehm porta con sé oltre 30 anni di esperienza nella leadership in brand globali. Recentemente ha ricoperto il ruolo di Chief Commercial Officer presso Gibson Inc., dove ha stimolato la crescita dei brand di strumenti musicali. Le sue precedenti posizioni includono la guida delle operazioni commerciali presso Amer Sports per marchi come Salomon e Wilson, la gestione delle operazioni di Puma in Asia e la conduzione di iniziative d'innovazione presso Levi Strauss e Adidas.
La nomina segue un ampio processo di ricerca, con l'azienda che sottolinea la mentalità strategica di Boehm e la sua vasta esperienza globale nell'industria degli articoli sportivi come fattori chiave nella sua selezione.
Escalade (NASDAQ: ESCA) ha nombrado a Armin Boehm como Director Ejecutivo y Presidente, con efecto a partir del 1 de abril de 2025. Boehm sucederá a Walter P. Glazer, Jr., quien anunció sus planes de jubilación en agosto de 2024. Glazer continuará sirviendo como Presidente de la Junta Directiva.
Boehm aporta más de 30 años de experiencia en liderazgo en marcas globales. Recientemente se desempeñó como Director Comercial en Gibson Inc., donde impulsó el crecimiento de las marcas de instrumentos musicales. Sus roles anteriores incluyen la dirección de operaciones comerciales en Amer Sports para marcas como Salomon y Wilson, la gestión de operaciones para Puma en Asia y el liderazgo de iniciativas de innovación en Levi Strauss y Adidas.
El nombramiento sigue un extenso proceso de búsqueda, con la empresa enfatizando la mentalidad estratégica de Boehm y su amplia experiencia global en la industria de artículos deportivos como factores clave en su selección.
Escalade (NASDAQ: ESCA)는 Armin Boehm을 2025년 4월 1일부터 CEO 겸 회장으로 임명했습니다. Boehm은 2024년 8월 은퇴 계획을 발표한 Walter P. Glazer, Jr.를 대신하게 됩니다. Glazer는 이사회 의장직을 계속 맡을 것입니다.
Boehm은 글로벌 브랜드에서 30년 이상의 리더십 경험을 보유하고 있습니다. 그는 최근 Gibson Inc.에서 상업 이사를 역임하며 악기 브랜드의 성장을 이끌었습니다. 그의 이전 직책으로는 Salomon과 Wilson 같은 브랜드를 위한 Amer Sports의 상업 운영을 이끌고, 아시아에서 Puma의 운영을 관리하며, Levi Strauss와 Adidas에서 혁신 이니셔티브를 주도한 경험이 있습니다.
이번 임명은 광범위한 검색 과정의 결과이며, 회사는 Boehm의 전략적 사고와 스포츠 용품 산업에서의 폭넓은 글로벌 경험이 그의 선택의 핵심 요소라고 강조했습니다.
Escalade (NASDAQ: ESCA) a nommé Armin Boehm en tant que directeur général et président, avec effet au 1er avril 2025. Boehm succédera à Walter P. Glazer, Jr., qui a annoncé ses plans de retraite en août 2024. Glazer continuera à servir en tant que président du conseil d'administration.
Boehm possède plus de 30 ans d'expérience en leadership au sein de marques mondiales. Il a récemment été directeur commercial chez Gibson Inc., où il a stimulé la croissance des marques d'instruments de musique. Ses précédents postes incluent la direction des opérations commerciales chez Amer Sports pour des marques telles que Salomon et Wilson, la gestion des opérations de Puma en Asie, et la direction des initiatives d'innovation chez Levi Strauss et Adidas.
Cette nomination fait suite à un processus de recherche approfondi, l'entreprise mettant en avant l'esprit stratégique de Boehm et sa vaste expérience mondiale dans l'industrie des articles de sport comme facteurs clés de sa sélection.
Escalade (NASDAQ: ESCA) hat Armin Boehm zum Chief Executive Officer und Präsidenten ernannt, mit Wirkung zum 1. April 2025. Boehm tritt die Nachfolge von Walter P. Glazer, Jr. an, der im August 2024 seine Ruhestandspläne angekündigt hat. Glazer wird weiterhin als Vorsitzender des Verwaltungsrats tätig sein.
Boehm bringt über 30 Jahre Führungserfahrung in globalen Marken mit. Zuletzt war er Chief Commercial Officer bei Gibson Inc., wo er das Wachstum von Musikinstrumentenmarken vorangetrieben hat. Zu seinen bisherigen Positionen gehören die Leitung der Geschäftsabläufe bei Amer Sports für Marken wie Salomon und Wilson, die Verwaltung der Geschäftstätigkeit von Puma in Asien sowie die Leitung von Innovationsinitiativen bei Levi Strauss und Adidas.
Die Ernennung folgt einem umfassenden Suchprozess, wobei das Unternehmen Boehms strategische Denkweise und seine umfangreiche globale Erfahrung in der Sportartikelbranche als entscheidende Faktoren für seine Auswahl hervorhebt.
- Incoming CEO brings 30+ years of relevant industry experience
- Smooth leadership transition with planned succession
- Continuity maintained with former CEO remaining as Board Chairman
- New CEO has extensive global market experience across three continents
- Strong track record in commercial growth at major brands (Gibson, Amer Sports, Puma)
- None.
Regarding Mr. Boehm's appointment, Mr. Glazer said "Armin is a visionary leader with a deep understanding of the sporting goods industry. His extensive global experience, combined with his collaborative and dynamic approach, makes him the ideal CEO to guide Escalade into its next chapter of growth and innovation," said Glazer. "His strategic mindset, respect for our company's heritage, and passion for delivering exceptional consumer experiences position him well for success. I look forward to supporting Armin as he takes on this new leadership role while I continue to serve our shareholders as Chairman of the Board of Directors."
Boehm shared his enthusiasm about joining Escalade and leading the company's continued evolution. "I am honored to lead Escalade, a company with a remarkable century-long history and a portfolio of beloved brands. As we look ahead, we will build upon our strong foundation, embrace innovation, and enhance our consumer-centric approach to create products that bring people together," said Boehm. "I look forward to working with the exceptional teams at Escalade to drive sustainable growth and superior total shareholder returns while shaping the future of the sporting goods industry."
Ned Williams, Lead Independent Director, praised Glazer's leadership, saying, "On behalf of everyone at Escalade, I want to express our deepest gratitude for Walt's leadership and unwavering dedication as President and CEO. Walt's commitment and outstanding leadership guided Escalade through a critical period and set us up for further success in the years ahead. We are extremely grateful for Walt's contributions and look forward to building upon those with Armin as our next President and CEO."
Boehm brings over three decades of leadership experience across premier global brands and three continents. Most recently, he served as Chief Commercial Officer and a member of the Global Leadership Team at Gibson Inc. in
Boehm holds a Master's Degree in Business Administration from FH Ludwigshafen,
ABOUT ESCALADE
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FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements relating to present or future trends or factors that are subject to risks and uncertainties. These risks include, but are not limited to: Escalade's ability to achieve its business objectives; Escalade's ability to successfully achieve the anticipated results of strategic transactions, including the integration of the operations of acquired assets and businesses and of divestitures or discontinuances of certain operations, assets, brands, and products; the continuation and development of key customer, supplier, licensing and other business relationships; Escalade's ability to develop and implement our own direct to consumer e-commerce distribution channel; the impact of competitive products and pricing; product demand and market acceptance; new product development; Escalade's ability to successfully negotiate the shifting retail environment and changes in consumer buying habits; the financial health of our customers; disruptions or delays in our business operations, including without limitation disruptions or delays in our supply chain, arising from political unrest, war, terrorism, labor strikes, natural disasters, public health crises such as the coronavirus pandemic, and other events and circumstances beyond our control; the impact of management's conclusion, in consultation with the Audit Committee, that material weaknesses existed in the Company's internal control procedures over financial reporting; the evaluation and implementation of remediation efforts designed and implemented to enhance the Company's control environment, which remediation efforts are ongoing; the potential identification of one or more additional material weaknesses in the Company's internal control of which the Company is not currently aware or that have not yet been detected; the Company's inability or failure to fully remediate material weaknesses in our internal control procedures over financial reporting or any other material weaknesses in the future could result in material misstatements in our financial statements; Escalade's ability to control costs, including managing inventory levels; Escalade's ability to successfully implement actions to lessen the potential impacts of tariffs and other trade restrictions applicable to our products and raw materials, including impacts on the costs of producing our goods, importing products and materials into our markets for sale, and on the pricing of our products; general economic conditions, including inflationary pressures; fluctuation in operating results; changes in foreign currency exchange rates; changes in the securities markets; continued listing of the Company's common stock on the NASDAQ Global Market; the Company's inclusion or exclusion from certain market indices; Escalade's ability to obtain financing, to maintain compliance with the terms of such financing and to manage debt levels; the availability, integration and effective operation of information systems and other technology, and the potential interruption of such systems or technology; the potential impact of actual or perceived defects in, or safety of, our products, including any impact of product recalls or legal or regulatory claims, proceedings or investigations involving our products; risks related to data security or privacy breaches; the potential impact of regulatory claims, proceedings or investigations involving our products; potential residual impacts of the COVID-19 global pandemic on Escalade's financial condition and results of operations; and other risks detailed from time to time in Escalade's filings with the Securities and Exchange Commission. Escalade's future financial performance could differ materially from the expectations of management contained herein. Escalade undertakes no obligation to release revisions to these forward-looking statements after the date of this report.
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SOURCE Escalade, Incorporated
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