MEC Appoints New CEO

MEC (Mountain Equipment Co-op) appointed Philippe (Phil) Arrata, a Best Buy Canada executive, as its new CEO, starting July 2. Arrata will take over from David Labistour, who previously announced he was stepping down.

Peloton Files Confidentially For IPO

Peloton Interactive Inc., the on-demand fitness company best known for its connected indoor cycling bike, on Wednesday said it has filed confidentially with the Securities and Exchange Commission for a proposed initial public offering.

The American Alpine Club To Double Down On Climate Advocacy

The American Alpine Club (AAC), the country’s oldest and largest climbing advocacy organization, said it is taking immediate steps to measure, minimize, and offset the organization’s own carbon emissions, as well as to divert staff resources and financial support toward political advocacy, scientific research through grants, and developing resources for members to make sustainable choices as they plan trips and expeditions.

Tapestry Appoints Former VF Corp Exec As COO

Tapestry Inc., the parent of Coach, Kate Spade and Stuart Weitzman, appointed Thomas A. Glaser, as chief operations officer. He most recently held the position of vice president, VF Corporation and president, supply chain.