Sarah A. Bany Steps Down from Columbia Sportswear Company’s Board of Directors
December 10 2019 - 8:00AM
Business Wire
to Focus on Administering Gert Boyle’s
Estate
Columbia Sportswear Company (Nasdaq:COLM, the “Company”), a
leading innovator in active outdoor apparel, footwear, accessories,
and equipment, today announced that Sarah A. Bany, a longtime
director of the Company, notified the Board of Directors of the
Company (the “Board”) on December 9, 2019 of her decision to resign
from the Board, effective immediately, in order to focus on
administering Gert Boyle’s estate.
“It has been my great honor to serve as a director of Columbia
Sportswear since 1988,” said Ms. Bany. “However, as I am now
responsible for administering my mother’s estate, I feel that I
should step away from the Board so that I can fully dedicate myself
to that responsibility.”
“We thank Ms. Bany for her many years of service to the
Company,” said President, CEO and director Tim Boyle. “She has been
a valuable member of the Board whose service will be missed. We
fully understand her desire to focus on matters related to Gert’s
estate.”
Ms. Bany is a daughter of Gert Boyle and a sister of Tim
Boyle.
About Columbia Sportswear Company
Columbia Sportswear Company has assembled a portfolio of brands
for active lives, making it a leader in the global active lifestyle
apparel, footwear, accessories, and equipment industry. Founded in
1938 in Portland, Oregon, the Company's brands are today sold in
approximately 90 countries. In addition to the Columbia® brand,
Columbia Sportswear Company also owns the Mountain Hardwear®,
SOREL® and prAna® brands. To learn more, please visit the Company's
websites at www.columbia.com,
www.mountainhardwear.com, www.sorel.com, and www.prana.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191210005382/en/
Andrew Burns Director of Investor Relations Columbia Sportswear
Company (503) 985-4112 aburns@columbia.com
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