Home / Knowledge / News / Apparel/Garments / Fox Racing appoints Jeffrey McGuane as CEO

Fox Racing appoints Jeffrey McGuane as CEO

22
May '19
Pic: Fox Racing
Pic: Fox Racing
Fox Racing, the global leader in motocross and mountain bike gear and apparel, has announced that Jeffrey McGuane will be joining as chief executive officer (CEO), effective June 3, 2019. Paul Harrington, operating partner of Altamont Capital Partners, who has served as Fox CEO since 2015, will move to the Board of Directors and assist with the transition.

Jeff comes to Fox from Specialized Bicycles as the US general manager and leader of global markets where he returned the company to double digit growth over the past three years, expanded market share and increased gross margin dollars for both Specialized and their retail partners. Prior to joining Specialized, Jeff was president and CEO of ONE Industries from 2013 to 2015. From 1994 to 2013, Jeff was part of the executive team at Cannondale which grew the company from a $50 million industry niche player to a $500 million global business and the third largest premium bike brand in the world. Additionally, as a Director of the Board of Transamerican Auto Parts, Jeff worked to successfully transition the company from private equity ownership to Polaris Industries in 2016, according to Fox Racing.

“The Board and I are thrilled to have Jeff join the Fox team as CEO. During the search process it was clear he is a proven leader with an impressive track record of creating innovative products and successful go-to-market strategies around the world. We are confident Jeff is the ideal person to lead the company through its next chapter,” Harrington said.

“With deep roots in motocross history, Fox has built a strong, authentic brand that consumers trust and respect, proven by decades of success. As investors in Fox, Altamont is extremely pleased to welcome Jeff as the new CEO. Jeff’s extensive experience of growing businesses and creating winning strategies across MTB and MX products make him a natural fit,” said Keoni Schwartz, co-founder and managing director of Altamont Capital Partners.

“I am really excited to join the Fox Racing team. I have always admired the Fox brand and all its commitment since 1974 to design and create innovative products that inspire riders around the world. I look forward to building on this vision and legacy of global leadership in technical gear and apparel,” McGuane said. (GK)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 21st Sep 2020

UK govt extends support to stop business evictions

UK businesses will be protected from the threat of eviction until...

Pic: Shutterstock

Textiles | On 21st Sep 2020

AAFA testifies before House committee on PRC forced labour

The situation arising out of forced labour in China's Xinjiang Uyghur ...

Land allotted for 2 textile units in Vietnam park

Textiles | On 21st Sep 2020

Land allotted for 2 textile units in Vietnam park

Land was recently handed over to Top Textiles Limited and Jehong...

Interviews View All

Anvita Mehra, Confidential Couture

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Abhishek Ganguly, Puma India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Nick Isles,

Nick Isles

The Condé Nast College of Fashion & Design or CNC as it is known as,...

Liz Manning,

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search