Johnson Outdoors Inc. Announces Appointment of Chief Financial Officer
November 21 2005 - 11:15AM
Business Wire
Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global outdoor
recreation company, today announced the appointment of David W.
Johnson to the position of Vice President - Chief Financial
Officer. Mr. Johnson has served as interim chief financial officer
since August 2005 during which time the Company conducted an
extensive executive search process. Mr. Johnson brings a broad
range of financial experience to his new role, with a twenty-year
career that spans the banking, consumer packaged goods and outdoor
recreation industries. Before joining Johnson Outdoors in December
2001, Mr. Johnson held a number of financial positions of
increasing responsibility, first with The Northern Trust Company
and later with The Procter & Gamble Company. At those companies
he led financial efforts and teams in new business development,
brand and operational restructuring, and cost-saving and analysis,
among others. Mr. Johnson was Director of Treasury Services and
Financial Analysis at Johnson Outdoors before becoming interim
chief financial officer in August. Since assuming that role, he has
led all aspects of the Company's finance department, including
financial and tax planning, financial reporting, investor relations
and financing efforts. Mr. Johnson holds a B.A. in Economics from
DePauw University and an M.B.A. from the University of Chicago.
"The depth of expertise and strong leadership Dave brought to the
role on an interim basis is exactly what we are looking for from
our future CFO. He was a clear first choice for the job. We
congratulate Dave on his promotion which recognizes his many
contributions to the Company, and demonstrates our respect, trust
and confidence in his ability to provide the financial leadership
we need going forward," said Ms. Helen Johnson-Leipold, Chairman
and Chief Executive Officer. ABOUT JOHNSON OUTDOORS INC. Johnson
Outdoors is a leading global outdoor recreation company that turns
ideas into adventure with innovative, top-quality products. The
company designs, manufactures and markets a portfolio of winning,
consumer-preferred brands across four categories: Watercraft,
Marine Electronics, Diving and Outdoor Equipment. Johnson Outdoors'
familiar brands include, among others: Old Town(R) canoes and
kayaks; Ocean Kayak(R) and Necky(R) kayaks; Escape(R) electric
boats; Minn Kota(R) motors; Cannon(R) downriggers; Humminbird(R),
Bottomline(R) and Fishin' Buddy(R) fishfinders; Scubapro(R) and
UWATEC(R) dive equipment; Silva(R) compasses and digital
instruments; and Eureka!(R) tents. In 2005, Johnson Outdoors
reported annual sales of $380.7 million and 1,300 employees across
23 locations in 17 countries. Visit us on line at
http://www.johnsonoutdoors.com
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