Compass Diversified (CODI) has appointed Eric Weis, formerly with its BOA Technology subsidiary, to president of PrimaLoft, Inc., succeeding Anne Cassava. Shawn Neville, BOA’s CEO and a PrimaLoft Board member, has assumed the chairman role at PrimaLoft.
Cassava, who stepped down effective February 23, had been CEO of PrimaLoft since November 2023. She was formerly president of Saucony and, prior to that, SVP and chief customer experience officer at Brooks Running.
“We thank Anne for her service and many contributions to PrimaLoft, including the development of a stronger product pipeline and organization,” said Zach Sawtelle, partner and chief operating officer of Compass Group Management.
Her successor, Eric Weis, previously served as global chief commercial and marketing officer at BOA, where he spent the last 15 years in roles of increasing responsibility in product development, commercial management and marketing. CODI said that during his tenure, Weis was “a key contributor to BOA’s success, during which time the company more than tripled its revenue.”
“We are excited to welcome Eric to PrimaLoft as president. He is a proven leader with deep commercial experience in the outdoor and performance markets,” Sawtelle continued. “Additionally, Shawn’s expanded role as chairman of the Board brings 25-plus years of strategic and operational leadership experience; together, we believe this positions PrimaLoft to build an even stronger future.”
Weis added, “I am honored and excited to be joining PrimaLoft, a global leader in creating innovative high-performance sustainable thermo-regulating insulation solutions in partnership with the best brands in the outdoor, athletic, and lifestyle Industries. I am a passionate outdoor enthusiast and a big fan of the brand and products and look forward to working alongside the team to elevate PrimaLoft ever further into the future.”
The change comes as CODI, in the nine months of 2025, recorded a goodwill impairment charge of $57.8 million at PrimaLoft, acquired in 2022. According to its financial reports, CODI conducted a quantitative test of PrimaLoft in March 2025 and found that the brand’s fair value exceeded its carrying value by 12.1 percent.
In its latest third quarter, ended September 30, PrimaLoft’s sales declined 2.9 percent to $13.3 million, attributed to a reduction in late-season purchases from its North American brand partners due to increases in tariffs in the U.S. PrimaLoft showed an operating loss of $1.9 million in the period compared to a loss of $2 million in the year-ago period.
Image courtesy PrimaLoft / LinkedIn
