EXEC: L.L.Bean’s CEO to Depart Next Spring

Stephen Smith, the president and CEO of L.L.Bean, will leave the company in the spring of 2026, capping a decade of leadership at the iconic Maine-based outdoor brand. The L.L.Bean Board of Directors, led by Chairman Shawn Gorman, has initiated a search for Smith’s successor,

Pendleton Woolen Mills Appoints New CEO

Jennifer Ingraffea has most recently served as chief product and merchandising officer at The North Face since October 2020. Previously, she had an 18-year career at Nike. She succeeds John Bishop, a fifth-generation family member, who will remain as CEO through July to work with Ingraffea.

Marine Products Corp. Adds Board Member

After a long career working in various positions at a large, international company, Gary Kolstad served as chairman and CEO of public and private companies and holds multiple Advisory Board Member and Investor positions.

ITC Rules Insta360 Infringed on GoPro Patents

GoPro, Inc. said a U.S. judge with the International Trade Commission has ruled that Insta360, a Chinese-based maker of action cameras, broke federal law with products that infringe GoPro’s intellectual property covering GoPro’s iconic Hero camera design.