Spyder Active Sports, Inc., which is also the parent of Cloudveil Mountain Works, named Thomas McGann as its new CEO. McGann was formerly president of Burton and CEO of Motorsport Aftermarket Group.
“Tom comes to us with a great deal of experience,” said David Jacobs, Spyder, founder and chairman. “He knows the space, and he knows the industry. I'm confident he'll reinforce Spyder as the number one ski brand.”
“I'm excited by the opportunity to come to work with Spyder and Cloudveil, both strong brands with talented teams,” McGann said. “I've enjoyed working in a product-focused, adrenaline-based environment. This is a strong foundation on which we can continue to build and leverage these two outstanding brands for growth.” McGann pointed to focusing on excellent execution, outstanding dealer service, and
Spyder's president and CEO most recently was Jake Jacobs, the son of the chairman and founder. Jake Jacobs became CEO in 2007.
In conjunction with McGann's appointment, Doug Hood has been hired as CFO. His financial experience includes posts at Motorsport Aftermarket Group, Aspen Marketing Group and SCI Promotion. Hood will direct Spyder's short and long-term financial goals, including strategizing best fiscal practices relating to established and new distribution channels and income centers.
Stephen Sullivan, founder/president of Cloudveil, stated, “I'm thrilled to have Tom and Doug leading the charge at our parent company. They are outstanding guys with strong operational backgrounds and a deep knowledge of the outdoor and angling markets. They will surely be helpful to me as I manage Cloudveil's continued growth and development.”