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.

Earth Shoes Appoints New CEO

Earth Shoes has appointed Alison Bergen, formerly CEO of Aerosoles, as CEO. She takes over day-to-day leadership from former president Mark Parsley, who has left the company. 

Black Creek Outfitters Is Closing

Black Creek Outfitters, the specialty outdoor retail for nearly 40 years, announced it is closing its store in conjunction with the sale of its lakeside retail property.  

Fortium Holdings Establishes Management Team For Norr Skate

Fortium Holdings Corp. has entered into advisory agreements to support its wholly-owned subsidiary, Norr LLC, which is launching the Norr skateboard brand with plans to expand into other sporting goods categories in the future. The advisory team includes Brian McKinley, Alex Souêtre, and Mike Burgess.