Escalade, Inc. reported that Armin Boehm, the company’s president and CEO, has resigned after joining the firm in April. Patrick Griffin, VP of Corporate Development and Investor Relations, has been appointed interim president and CEO, effective immediately.
Boehm took over as CEO on April 1, succeeding the retiring Walter Glazer. Prior to this, he was the chief commercial officer at Gibson, Inc., the guitar maker, and previously held roles at Amer Sports, Puma, Levi Strauss, and Adidas.
Griffin, who is also on Escalade’s Board of Directors, has served as VP of Corporate Development and Investor Relations for Escalade since August 2012.
“We thank Armin for his time and service at Escalade and wish him the best in all future endeavors,” said Walter Glazer, Jr., Escalade’s Chairman of the Board of Directors. “Through Patrick’s years of service at Escalade, he has proven to be a key member of the executive management team and the board. He has been an advocate of our strong corporate culture and our commitment to delivering superior total shareholder return. The Escalade Board of Directors and I look forward to working with him as he leads the very capable Escalade team to further success,” continued Glazer.
“Our results underscore the Escalade team’s dedication to progress and adaptability amid dynamic markets and shifting consumer preferences,” said Griffin. “Through ongoing investment in our brands, our businesses, and our people, we are strengthening our foundation for sustainable growth and superior shareholder value over the long term. I look forward to continuing this journey with the Escalade team,” stated Griffin.
Escalade’s brand portfolio includes Goalrilla in-ground basketball hoops; Stiga tennis tables and accessories; Bear Archery and archery equipment; Brunswick Billiards tables and accessories; Accudart darting; Onix pickleball; Lifeline fitness products; and Rave Sports water recreation products.
Image courtesy Escalade Sports
