David Calapp named chief executive officer of Morrow Snowboards.SALEM, Ore.--(BUSINESS WIRE)--Aug. 21, 1996--Morrow Snowboards Inc. (NASDAQ:MRRW) today announced that David Calapp has been named chief executive officer of the company and a member of the board of directors. Dennis R. Shelton will continue as president and chief operating officer. Calapp, 51, brings to his new role over 25 years of management, marketing, engineering and operations experience in consumer products and sporting goods. He most recently was president, chief executive officer and founder of Aero-Tech Sports Corp. in Bellingham, Wash., a supplier of advanced composite products and components to the golf, hockey and bicycle industries. From 1993 to 1995 he was vice president, operations with Prince Sports Group Inc., a division of Benetton Sportsystem of Italy. In that position he was responsible for worldwide manufacturing, quality, purchasing, distribution, research and development, and facilities management. Prior to joining Prince he was vice president, manufacturing of O'Brien International and vice president and director of planning and development of Connelly Skis Inc.; both are water ski and related product companies. He also spent nine years with K2 Corp., a leading ski manufacturer, as vice president, engineering and in a range of other management positions, including product marketing. "We are excited to have a seasoned executive with David's capabilities join the already strong Morrow Snowboards team," said Ray E. Morrow Jr., the company founder. "With his leadership and our existing strengths, we are well positioned for significant future growth. His operations and manufacturing background will help us build on our existing manufacturing advantage, and his broad industry experience will be invaluable as we explore strategic growth alternatives." "I'm looking forward to focusing on brand development, sales, marketing and product management issues with David," commented Shelton. "His breadth of sporting goods experience will complement the team we have built in the last few years." Morrow Snowboards is a leading designer, manufacturer and marketer of premium snowboards and related products. The company was founded in 1989 and completed its initial public offering of common stock in 1995. CONTACT: Morrow Snowboards Inc. David Cleary, 503/375-9300, ext. 119 or Harris, Massey, Herinckx Fletcher Chamberlin, 503/295-1922 |
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