Cutter & Buck Inc. has announced the resignation of Mike Brownfield from the company's board of directors. In a letter to Cutter & Buck CEO Fran Conley, Brownfield cited the demands of his work schedule and Board and Committee related travel requirements as reasons for his resignation.
“I am disappointed that these constraints on my time will keep me from continuing to serve as a member of the Cutter & Buck Board,” stated Brownfield.
“Mike has been stalwart as a board member ever since he joined in 1995,” said Conley. “In spite of his move to Wyoming and the increasing demands of his new business, he stayed with us until the company emerged from the past two difficult years. He has been a good friend and an excellent representative of the interests of our shareholders. We wish him the very best for the future.”
Brownfield also applauded Conley, the other board members, CFO Ernie Johnson, and outside counsel Mike Morgan for their hard work and success, saying, “The company has come through with few scars and great promise for the future.”
Separately, Cutter & Buck announced that Paul Bourgeois has left the company. Paul joined Cutter & Buck in 1997, and for the last two years served as VP and Manager of the Golf Strategic Business Unit, responsible for our golf sales.
“We appreciate Paul's contribution to the success of the company and wish him well for the future,” said CEO Conley.
“This month marks the two-year anniversary of our turnaround efforts,” said Conley. “The company has changed, and we understand that some of our colleagues choose to go in different directions. We honor their contributions, and we welcome the fresh ideas and different experience that comes with the fine people who join Cutter & Buck. On the board and in management, we have a mix of wise company experience and fresh new skills that creates a strong foundation for our long-term future success.”