GREENLAND, N.H., April 17 /CNW/ -- Bauer Hockey's Board of Directors
today announced the appointment of Kevin Davis as President & Chief Executive
Officer of Bauer Hockey. The appointment follows the completion of Nike, Inc's
previously disclosed sale of Bauer Hockey to an investor group led by Kohlberg
& Company and Canadian businessman W. Graeme Roustan.
"Today marks a momentous day in the storied history of Bauer Hockey as
the sale of the company is officially complete," said Davis. "I could not be
more energized about what lies ahead for us as a company and I am excited to
lead this strong and dedicated team well into the future."
Bauer Hockey, which will continue to operate under the name Nike Bauer
Hockey for the near future, is the hockey industry's leading manufacturer and
has developed innovative products for over 80 years. Since 1927, Bauer has
continually delivered the most sought after products in the industry,
including the widely successful Supreme and Vapor lines of equipment. Under
the terms of the sale agreement, Bauer Hockey will continue to develop and
market products utilizing the Nike Bauer Hockey trademark for up to two years.
Davis takes over for Mark Duggan, who will return to Nike, Inc where he
has worked for more than 26 years. A 15-year veteran of the sporting goods,
consumer products, and medical device industries, Davis brings a wealth of
experience through his work with major brands such as Nike, Gillette and
Braun. Davis most recently served as Nike Bauer Hockey's Chief Financial
Officer and Chief Operating Officer and has been with the company for the past
six years. During that time, he helped guide the company to its most
successful financial position in its history, including record financial
results for the past two years.
"The chance to help evolve a company's future is a rare opportunity and I
am eager to take the reins as President & CEO as we begin this exciting new
chapter as a stand alone entity," said Davis. "Over the past few years, we
have developed the sport's most innovative products, built the most coveted
brand in hockey and assembled the most dedicated team in the industry. As a
result, we have achieved the No. 1 position in the industry and I'm confident
that with the added support of our new ownership group, we will continue to
meet the high standards that our consumers and retailers demand."
About Bauer Hockey
Bauer Hockey is the world's most recognized designer, marketer and
manufacturer of hockey equipment and currently operates under the Nike Bauer
Hockey name. Founded in 1927, Bauer Hockey developed the first skate with the
blade attached to the boot, forever changing the game of hockey. Since then,
Bauer Hockey has continued to develop the most sought after products in the
industry, including the widely successful Supreme and Vapor lines of
About Kohlberg & Company
Kohlberg & Company is a leading private equity firm with offices in Mt.
Kisco, New York and Portola Valley, California. Since its inception in 1987,
Kohlberg has completed more than 45 platform investments and more than 50
add-on acquisitions, with aggregate transaction value in excess of $7 billion.
Kohlberg has invested over $2 billion across six private equity funds to date,
including through its current $1.5 billion sixth fund, Kohlberg Investors VI.
About W. Graeme Roustan
W. Graeme Roustan is a native of Montreal, Quebec, Canada where he grew
up playing hockey from the age of three. Through his wholly owned holding
company ROUSTAN INC., Roustan places equity investments primarily in the arena
and aviation industries. Roustan brings an extensive network of long-term
relationships in the ice hockey industry and community, proven business acumen
and significant financial resources to follow his vision of vertical
integration of the arena marketplace worldwide. Roustan's extensive portfolios
of arena businesses are managed as part of ROUSTANUNITED. For more
information, visit the website at http://www.roustanunited.com
For further information:
For further information: Steve Jones of Nike Bauer Hockey,
+1-603-430-2111, Steven.email@example.com Web Site: