Dorel Industries Inc. announced the departure of Robert P. Baird, group president and CEO of the company's nearly $1 billion Recreational/Leisure segment, which includes Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and Sugoi. Peter Woods, the segment's CFO, has been named interim president until a new president is named. Both changes are effective immediately.
“We are now initiating a search for Bob's successor. We thank Bob for his service with Dorel and wish him well in the future,” stated Martin Schwartz, Dorel president and CEO. “Our recreational business has become a billion dollar operation. We have an excellent team in place throughout the organization as well as brands that are highly respected by both dealers and consumers.”
Baird joined Dorel in 2005 as a member of the company’s board of Directors. In 2008, he was put in charge of the Recreational/Leisure segment. Previously, Baird had served in senior executive positions in the U.S. at Philips Electronics. He also has extensive experience in the consumer goods Industry across multiple companies including Samsonite, Scott Paper, Bristol Myers and Procter & Gamble.
Dorel's branded products include Safety 1st, Quinny, Cosco, Maxi-Cosi and Bébé Confort in its Juvenile segment, as well as Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and Sugoi in Recreational/Leisure. Dorel's Home Furnishings segment markets a wide assortment of both domestically produced and imported furniture products, principally within North America. Dorel has annual sales of $2.6 billion and employs 6,300 people in facilities located in twenty-four countries worldwide.
Baird joined Dorel in 2005 as a member of the company’s board of Directors. In 2008, he was put in charge of the Recreational/Leisure segment. Previously, Baird had served in senior executive positions in the U.S. at Philips Electronics. He also has extensive experience in the consumer goods Industry across multiple companies including Samsonite, Scott Paper, Bristol Myers and Procter & Gamble.
Dorel's branded products include Safety 1st, Quinny, Cosco, Maxi-Cosi and Bébé Confort in its Juvenile segment, as well as Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and Sugoi in Recreational/Leisure. Dorel's Home Furnishings segment markets a wide assortment of both domestically produced and imported furniture products, principally within North America. Dorel has annual sales of $2.6 billion and employs 6,300 people in facilities located in twenty-four countries worldwide.
