Spyder promoted president and
COO, Jake Jacobs, to the position of CEO and president. Mr. Jacobs assumes the
role of CEO from David Jacobs, the company's founder and his father, who will
remain the company's Chairman of the Board.
Spyder is
experiencing a 5-year annual CAGR of
30%. With Jake Jacobs' guidance as
president over the past two years, he's positioned the company for continued
expansion, including the addition of a year-round product offering and launching
a business strategy that includes future flagship retail stores.

There
would not be a Spyder brand without Jake Jacobs' direct influence. In 1977, when
he was a teenage ski racer, he brought home a padded racing sweater from
Argentina and presented it to his
father. Recognizing that only one manufacturer of such a sweater existed, David
Jacobs set out to build a better product and marketed it to the tightly-knit
race community.

“Jake presented the spark that started Spyder,” said the senior Jacobs. “It's fitting that the story came full circle, with Jake leading the company he
inspired. Jake has the ability and talent to lead Spyder to the next level of
success.”