The board of directors of Nautilus, Inc. elected Evelyn Follit to the Company's board of directors. Ms. Follit operates Follit Associates, a corporate technology and
executive assessment practice, after serving in corporate leadership
roles with RadioShack Corporation, ACNielsen, Dun & Bradstreet,
ITT, and IBM.
“We will benefit immediately from the expertise Evelyn Follit brings us in technology, retail systems and human capital,” said Bob Falcone, chairman and CEO of Nautilus, Inc. “Her perspective and guidance will be invaluable as we prepare our organization for global competitiveness.”
While at RadioShack Corporation from 1997-2005, Follit reported to the Chairman and CEO as Chief Organizational Enabling Services Officer and Chief Information Officer where she was responsible for connecting the company's nearly 7,000 retail stores to a global network. She also was responsible for designing the organization's executive compensation, succession planning, executive development, and health and benefits cost containment programs.
In addition to her corporate experience, Follit serves on the boards of retail marketing firm Catalina Marketing Corporation, food retailer Winn-Dixie Stores Inc., and has been elected to the board of retail department store Bealls Inc., where her term begins in December 2007. Follit has a Master of Business Administration degree in finance and information systems from Pace University. She has completed executive planning, finance and technology programs at Cornell's School of Industrial and Labor Relations and MIT's Sloan School.
