Stride Rite(R) Announces New Saucony(TM) Leadership: Michael Metcalfe Promoted To GM; Shawn Neville Named Group President
06 Marzo 2006 - 10:12PM
Business Wire
The Stride Rite Corporation (NYSE: SRR) today announced the
promotions of Michael Metcalfe to General Manager of Saucony, and
Shawn Neville to Group President, Keds(R) and Saucony, effective
immediately. Metcalfe has been a key player in the athletic
footwear industry for over two decades, with his most recent role
as Senior Vice President of Sales for Saucony since the technical
running brand's acquisition by Stride Rite in September 2005.
Metcalfe joined Stride Rite as Senior Vice President of Sales for
Keds in 2004. Previously, he spent 13 years with Reebok
International, in various sales and product marketing roles, the
last as Vice President of U.S. Footwear Sales and Merchandising, a
$1 billion segment. "Mike has been a tremendous asset to the
Saucony team and me in helping integrate their business model into
ours," said Rick Thornton, President and COO of Stride Rite. "We
are confident that Mike, with Shawn's leadership, will take the
Saucony business to the next level," he added. As General Manager
reporting to Neville, Metcalfe will oversee all major functions
including operations, product development, marketing and sales.
Metcalfe steps into his new role with an already in-depth knowledge
of the Saucony brand; he was Vice President of Product Marketing
for the performance running company during the late eighties. Shawn
Neville, President of Keds since 2004, is a well-respected industry
veteran who brings a wealth of general management, sales and
marketing experience to Saucony. His career consists of executive
leadership roles in the worldwide athletic footwear business,
including President and CEO of Footstar's athletic division and the
management of Footaction, USA. Neville has held senior general
management roles domestically and internationally at Reebok and
senior marketing and sales positions at Reebok, Visa USA and
Procter & Gamble. "Shawn has deep experience with Saucony's
target markets, proven leadership in the athletic footwear
industry, and a passion for building brands," said Thornton. "His
experience in both the wholesale, retail and international athletic
segments gives Shawn a unique perspective on how to expand the
Saucony brand globally," he added. "I am looking forward to working
with Mike and the entire Saucony team to continue to build the
brand's leadership position in the performance running segment,"
said Neville. Neville will report to Rick Thornton, President and
COO of Stride Rite. About Stride Rite: Headquartered in Lexington,
MA, The Stride Rite Corporation is an NYSE company (SRR) with 2005
net sales of $588 million. Stride Rite markets the leading brand of
high-quality lifestyle and athletic shoes for children and adults
that are marketed by the Company under well-known brand names,
including Stride Rite, Keds, PRO-Keds(R), Saucony, Sperry
Top-Sider(R), Tommy Hilfiger(R), and Grasshoppers(R). Apparel
products are marketed by the Company under the Saucony and Hind(TM)
brand names. Information about the Company is available at
www.strideritecorp.com. Information about the Company's brands and
product lines is available at www.striderite.com, www.keds.com,
www.saucony.com, www.sperrytopsider.com, and www.hind.com. About
Saucony, Inc.: Saucony, Inc., a subsidiary of The Stride Rite
Corporation is a leading global supplier of performance athletic
footwear and apparel with its widely recognized brands Saucony,
Saucony Originals, and Spot-bilt. For more information, go to
www.saucony.com.
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