PORTLAND, Ore.--(BUSINESS WIRE)--
Columbia Sportswear Company (Nasdaq:COLM), a leading innovator in the
active outdoor apparel, footwear, accessories, and equipment industries,
announced today that Bryan Timm will be stepping down from his role as
President and Chief Operating Officer. In the 20 years that Mr. Timm has
been with the Company, prior to his tenure as President and Chief
Operating Officer, he served as Corporate Controller, Treasurer and
Chief Financial Officer.
Timothy Boyle, Columbia Sportswear Company's Chief Executive Officer
stated, "Bryan has played an integral role in our journey from a single
brand with approximately $300 million in sales in 1997 to a
publicly-traded, multi-brand, multi-channel business with $2.4 billion
in sales in 2016 and more than 6,000 employees around the world. He has
been a key contributor to our growth and transformation, most recently
by establishing leadership that is planting the seeds for future growth
at our Mountain Hardwear brand and in our direct-to-consumer business.
We thank him for his loyal service and contribution to the Company's
success and we wish him well in his new endeavors."
Mr. Timm added, "I'm very proud of the leadership role I've played over
the past 20 years in driving the Company's global expansion and its
evolution into a family of brands that connect active people with their
passions. I wish Tim, the leadership team and each of the Company's
talented employees around the world continued success."
Mr. Timm's responsibilities will be handled by other members of the
senior management team while the Company continues to work through its
previously announced operating model assessment that was initiated
during the first quarter of 2017.
About Columbia Sportswear Company
Columbia Sportswear Company has assembled a portfolio of brands for
active lives, making it a leader in the global active lifestyle apparel,
footwear, accessories, and equipment industry. Founded in 1938 in
Portland, Oregon, the company's brands are today sold in approximately
90 countries. In addition to the Columbia® brand, Columbia Sportswear
Company also owns the Mountain Hardwear®, SOREL®, prAna®, and OutDry®
brands. To learn more, please visit the company's websites at www.columbia.com,
View source version on businesswire.com: http://www.businesswire.com/news/home/20170516006811/en/
Columbia Sportswear Company
Sr. Director of Investor Relations & Corporate
Global Brand Director
Source: Columbia Sportswear Company
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