Columbia Sportswear Company Announces Management Changes.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--July 25, 2002 Columbia Sportswear Columbia Sportswear Company NASDAQ: COLM is a United States company that manufactures and distributes outerwear and sportswear. Founded in 1938 by the late Paul Lamfrom, father of present chairperson Gert Boyle, the company is headquartered in Portland, Oregon. (R), a global leader in the active outdoor apparel and footwear industry, announces the retirement of Don Santorufo, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . His retirement is effective December 2002. "Don played a key role in the growth and success of Columbia Sportswear," said Tim Boyle Tim Boyle (born January 28, 1984) is an Australian rules football player, playing forward with the Hawthorn Hawks of the Australian Football League. His career has been plagued by injuries. , Columbia's President and Chief Executive Officer. "Through Don's expertise and commitment, Columbia developed exceptional domestic and international sourcing and manufacturing programs, and a state of the art distribution system. His contributions and dedication to the Company and its employees are greatly appreciated, and we wish him all the best in this new phase of his life." Santorufo joined Columbia in 1979 as purchasing and production manager. He was promoted to Vice President of Manufacturing in 1983 and launched the Company's Asian manufacturing operation, establishing quality control offices in critical markets. He was named Executive Vice President and Chief Operating Officer in 1995. Santorufo will remain with the Company until the end of the year to see several long-term projects through to completion. Executives Promoted Columbia's Board of Directors appointed Pat Anderson, the Company's Vice President and Chief Financial Officer, to the position of Vice President and Chief Operating Officer. Anderson joined Columbia in 1992 as the financial reporting manager, and was promoted to Corporate Controller one year later. In 1996 Anderson was appointed Chief Financial Officer and in 2001 named Vice President of Finance and Administration in addition to Treasurer and Assistant Secretary. Anderson worked as an accountant with Deloitte and Touche LLP LLP - Lower Layer Protocol from 1985 to 1992. Anderson graduated from the University of Oregon The University of Oregon is a public university located in Eugene, Oregon. The university was founded in 1876, graduating its first class two years later. The University of Oregon is one of 60 members of the Association of American Universities. in 1981 with a B.S. in Geology and completed post-baccalaureate studies in accounting at Portland State University. In 1988 he became a licensed Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. in the State of Oregon. Bryan Timm, Columbia's Corporate Controller, has been named Chief Financial Officer. Prior to joining Columbia Sportswear in 1997, Timm was the Divisional Controller for CF&I, Oregon Steel Mill's largest division. From 1991 to 1995 he was the Manager of Internal Audit for Oregon Steel Mills. Timm worked as an accountant with KMPG Peat Marwick from 1986 to 1991. His extensive public company experience made him a key advisor in Columbia's initial public offering. Timm graduated from the University of Idaho The university was formed by the territorial legislature of Idaho on January 30, 1889, and opened its doors on October 3, 1892 with an initial class of 40 students. The first graduating class in 1896 contained two men and two women. in 1986 with a B.S. in Accounting and is a licensed Certified Public Accountant in the State of Oregon. "Pat has demonstrated his value to the Company during his 10 years of excellent service and I'm confident that he will do a superb job in his new position," Boyle said. "In addition, Bryan's qualifications and background with the Company assure that he has the ability to assume the added responsibilities of his new role." Founded in 1938 in Portland, Ore., Columbia Sportswear Company is a global leader in the design, sourcing, marketing and distribution of active outdoor apparel and footwear. As one of the largest outerwear manufacturers in the world and the leading seller of skiwear ski·wear n. Clothing appropriate for various types of skiing. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the Company has developed an international reputation for quality, performance, functionality and value. To learn more about Columbia Sportswear or the Sorel Sorel (sôrĕl`), city (1991 pop. 18,786), S Que., Canada, at the confluence of the St. Lawrence and Richelieu rivers. It is a grain-shipping center with an important shipbuilding industry. division, please visit the Company's Web site at www.columbia.com or www.sorelonline.com. |
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