Hyperice Appoints CFO

Hyperice announced that Sung Kim has been appointed chief financial officer (CFO). He was at The Honest Company.

Woom Bikes Appoints New Global CEO

Woom Bikes appointed Woom USA founder, Mathias Ihlenfeld, as the kids’ bike brand’s global CEO. The company’s founders, Marcus Ihlenfeld and Christian Bezdeka are stepping back from day-to-day operations but remain shareholders in the company.

Canadian Tire Announces Chairman Succession

Canadian Tire Corp., Ltd. announced that Maureen Sabia will retire as chairman and from the Board of Directors following the company’s Annual Meeting of Shareholders on May 12, 2022. She will be succeeded as chairman by J. Michael Owens following his re-election as a director at that meeting.

Compass Diversified Invests In Packaging Firm

Altor Solutions, a subsidiary of Compass Diversified (CODI) and a manufacturer of custom protective packaging solutions and componentry, announced that it has acquired Foam Concepts, Inc. Financial terms of the transaction were not disclosed.

Asics Raises Outlook For The Year

Asics Corp. in a regulatory filing increased its sales and earnings guidance for its year ended December 31. The Japanese-based company cited a better-than-expected performance in  Performance Running and Core Performance Sports, as well as in Europe and Greater China.