Compass Diversified (CODI), the parent of 5.11, BOA and Primaloft, elected Eugene Kim and Glenn Richter to the company’s board of directors, while Alexander Bhathal has resigned from the board due to other commitments.

Based on a recommendation from the Board’s Nominating & Corporate Governance Committee, the Board approved an increase in the number of directors serving on the Board from seven to eight, effective March 1, 2026. Kim and Richter were elected to fill the vacancy left by Bhathal’s resignation and to serve as the newly created director.

Kim has been appointed to serve on the Board’s Audit and Compensation Committees, and Richter has been appointed to serve on the Board’s Audit and Nominating & Corporate Governance Committees.

Kim is the managing partner of Compass LKL, an independent advisory firm he co-founded in 2015. Compass LKL is not affiliated with CODI. He brings more than 25 years of experience in private equity and investment banking across the U.S. and Europe.

Prior to founding Compass LKL, Kim was a managing director at Compass Partners International, also not affiliated with CODI, where he served on the boards of several portfolio companies. Earlier in his career, he held investment banking roles at Goldman Sachs International and UBS/Warburg Dillon Read.

Kim currently serves on the Harvard Business School Fund Council and is a trustee of the Williams College Foundation UK.

Richter most recently served as chief financial and business transformation officer of International Flavors & Fragrances, Inc. (IFF) from 2021 to 2024, where he led global finance and enterprise transformation initiatives.

Prior to IFF, Richter held a series of senior leadership roles at TIAA, culminating as senior executive vice president and chief financial officer, having previously served as chief administrative officer of TIAA and chief operating officer of TIAA Asset Management (Nuveen) before that. He also served as chief financial officer of RR Donnelley and Sears, Roebuck & Co., and earlier held finance and operating roles at PepsiCo’s Frito-Lay.

Richter currently serves as a director and Audit Committee chair of Samsonite International S.A. and as a director of TruStage.

“We are excited to welcome both Eugene and Glenn to CODI’s Board,” said CODI Board Chair Larry Enterline. “Eugene brings deep experience in private-market transactions and oversight of diversified operating businesses that will be immediately valuable to our Board. Glenn is a proven executive with extensive expertise in finance, operations and capital markets, and his track record of leading complex business transformations makes him an exceptional addition.”

Elias Sabo, CEO of CODI, commented, “I’m pleased to welcome Eugene and Glenn to CODI. Their experience and judgment will be valuable as we continue executing our strategy and focusing on long-term value creation. I also want to thank Alex for his service and contributions to the Company. We remain focused on delivering long-term value for our shareholders.”

CODI’s Branded Consumer segment includes 5.11, BOA, PrimaLoft, Velocity Outdoor, Lugano, and The Honey Pot. CODI also operates an Industrial segment that includes Altor Solutions, Arnold Magnetics and Sterno.

Image courtesy Compass Diversified (CODI)