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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." Source: Nike Bauer
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