Huffy Corporation announced in an SEC filing that Paul D'Aloia had resigned as Chief Executive Officer and President of the company, effective October 7, 2004. John A. Muskovich has been appointed president and CEO by the Company's Board of Directors effective October 7, 2004.

Mr. Muskovich, age 57, has been the Chief Operating Officer of the company since August 13, 2004. There are no arrangements or understandings between him and any other person pursuant to which he was selected as an officer of the Company.