Escalade Inc. announced that David L. Fetherman has informed the Escalade Board of Directors of his intent to retire from his position as the company’s president and CEO. Pending the hiring of his replacement, Fetherman has agreed to continue to serve as president and CEO through this transition period. In addition, it is anticipated that Fetherman will continue to serve on Escalade’s Board of Directors until his successor takes office.
Fetherman has served as Escalade’s president and CEO, and as a member of Escalade’s Board of Directors since 2015. Prior to assuming those positions, he was the president of Escalade Sports since 2012 and was its vice president of sales and marketing beginning in 2007.
Walter P. Glazer, Jr., the chairman of the board of the Escalade Board of Directors, said, “Dave Fetherman has made many valuable contributions to Escalade over the past twelve years. We greatly appreciate Dave’s hard work and dedication to Escalade, and are pleased that he has agreed to continue to lead Escalade until his successor is in place. We wish Dave and his family all the best following his retirement from Escalade.”
Fetherman stated, “It has been my honor and pleasure to serve Escalade, our stockholders, and our customers over the years. I look forward to assisting the Board of Directors and the Escalade management team in effecting a smooth transition to my successor. In the interim, Escalade’s customers can continue to expect our continued delivery of quality products and excellent service.”
Glazer also commented on the Escalade Board’s transition plan. “Consistent with the Board of Directors’ succession planning for the CEO position, our process for identifying and hiring the next Escalade CEO is already underway.”
Headquartered in Evansville, IN, Escalade Sports’ brands include Bear Archery, Bear X, Trophy Ridge, Rocket, SIK and Cajun Bowfishing archery equipment; STIGA and Ping-Pong table tennis; Accudart and Unicorn darting; Atomic, Victory Tailgate, Triumph Sports, Viva Sol, Zume recreational games; Onix pickleball equipment; Goalrilla, Goalsetter residential in-ground basketball systems, Goaliath and Silverback residential in-ground and portable basketball goals; Lifeline and the STEP fitness products; Woodplay premium playsets; Vuly trampolines; and Cue&Case – a leader in specialty billiard accessories.