Huffy Corp. filed a form 8-K with the SEC stating that vice president, finance, chief financial officer and treasurer, Robert W. Lafferty will be leaving the company on August 31, 2005. Steven Lipton, currently senior vice president and controller, while be Huffy's new CFO with the departure of Lafferty.

Prior to joining Huffy Corporation, Mr. Lipton served as senior vice president controller of Elder-Beerman, a regional department store chain that is owned by The Bon-Ton Stores, Inc. and has approximately 69 stores located in the Midwest and Northeast United States.