SGB Update

Allbirds’s Co-Founder Tim Brown Transitions To Non-Executive Role

Allbirds said in a regulatory filing that Tim Brown had transitioned from co-chief executive officer to co-founder and chief innovation officer, a non-executive role. The change in Brown’s position was effective May 4. The eco-footwear manufacturer also announced in a separate filing that it terminated 21 corporate jobs.

Thule Group CFO Announces Departure

Thule Group announced that Jonas Lindqvist, in agreement with the company, will leave his position as chief financial officer at Thule Group. He has held the position since 2020 and will remain in the role until a successor is in place. The recruitment process is underway.

HLC Names Brand Manager, Yuba Bicycles

HLC announced that Justin Gottlieb was named brand manager of Yuba Bicycles. He was recently the director of sales and marketing for Yuba Bicycles, LLC.

Kizik To Open First Store

Kizik announced it is opening its first brick-and-mortar store near Salt Lake City, UT on May 19. The 1,293-square-foot space is located at Fashion Place Mall.

Solo Brands Acquires TerraFlame

Solo Brands, Inc., the parent of Solo Stove, Chubbies, Oru Kayak, and ISLE, announced it has acquired TerraFlame, the maker of indoor fireplace and fire accessories company based in Laguna Niguel, CA.

Fanatics Hires CFO For Commerce Business

Fanatics named Krishna Rao as chief financial officer of Fanatics Commerce, its retail operation. In his role, Krishna will oversee all finance functions and strategic planning of its Commerce business, reporting to Fanatics Commerce CEO and Fanatics Vice Chairman, Doug Mack.