NEW PRESIDENT FOR WILSON SPORTING GOODS CO.
CHICAGO, Sept. 23 /PRNewswire/ -- Effective November 1993, John S. Riccitiello has been appointed president and CEO of Wilson Sporting Goods Co. and chairman of MacGregor Golf Company. Until now, Riccitiello has worked as managing director of The Hagen-Dazs Company (Grand Metropolitan) International Divisions based in Paris. Riccitiello has wide experience in the marketing of international branded goods in the United States, Germany, the United Kingdom and France. In addition to Hagen-Dazs, he has worked for Pepsi-Cola Company, Henkel GmbH and The Clorox Company. Riccitiello joined Hagen-Dazs in 1989, initially based in the U.S., followed by a period in London and, since 1991, in Paris. He was responsible for all non-U.S. markets and operations, with full P&L accountability and direct line authority over sales, marketing, manufacturing/operations, finance, MIS, technology and quality assurance. In his time at Hagen-Dazs, business was expanded nearly ten times and to a total of 23 countries. Riccitiello, born in the U.S. in 1958, received a B.S. with Honors in Marketing, Economics and Finance at the University of California, Berkeley, in 1981. From 1981 to 1984, he worked as brand manager for The Clorox Company (Oakland, Calif.), and during 1984-85, as marketing manager for Henkel GmbH (Germany). From 1985 to 1989, he worked for Pepsi-Cola Company (Pepsico) as marketing & sales director for Pepsi's 17-country Middle East/Greece regions based in Cyprus, and after that as group marketing director and, until October 1989, as business development director of Pepsi International in the U.S. In addition to his native language of English, Riccitiello speaks German and French. "During its 80 years of activity, Wilson has established its position as a well-known manufacturer and marketer of sporting goods worldwide. Our aim at Wilson is to further increase our market share both in the United States and worldwide. Plans also exist for enhancing Wilson's profile, particularly in the European marketplace," said Mr. Seppo Ahonen, chairman of the company and president & CEO of Amer Group, the Finnish parent company. Net sales of Wilson Sporting Goods amounted to FIM 2.8 billion (U.S. $600 million), and accounted for about 45 percent of the group's net sales during the financial period 1992/93. -0- 9/23/93 /CONTACT: Seppo Ahonen of Amer Group, 011-358-0-757 71, or Jim Sloan of Ogilvy Adams & Rinehart, 312-988-2703/
CO: Wilson Sporting Goods Co. ST: Illinois IN: REA SU: PER
TS -- NY049 -- 5237 09/23/93 13:08 EDT
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|Date:||Sep 23, 1993|
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