Unforeseen business obligations have forced both Burton and Steve Douglas to re-examine their recently signed deal for Steve to come on board as the new General Manager of Analog Clothing. Steve's many past businesses and the contractual constraints associated with them coupled with his ongoing distribution company in Europe prevent him from taking the Analog opportunity at this time. Due to these circumstances, Burton will immediately resume its search for a General Manager of Analog, who will be based in California.
“While both parties did all the requisite due diligence in coming to terms, the evolution of Steve's business concerns as well as recent acquisitions in the marketplace made this an unworkable situation at this time,” said Laurent Potdevin, President of Burton.
Steve had the following to say, “I am going to continue to focus on my family and my distribution businesses in the UK. The opportunity with Burton is a great one. But as I looked at all aspects of what was going on in my life, it became clear to me that this responsibility and commitment were not compatible with my life at this point. The whole process of working with the Burton team was and is first class. I'm certain that Analog will be very successful in this market.”
