Spyder Appoints Thomas McGann CEO

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• July 17 2009
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Spyder announced today that Thomas McGann, former President of Burton, will serve as its new CEO.

Here’s the release:

Ski and performance apparel leader Spyder Active Sports, Inc.
today announced that Thomas McGann has been named the company’s new
Chief Executive Officer. McGann comes to Spyder Active Sports, also the
parent company for Cloudveil Mountain Works ,
with decades of executive experience, including serving as President of
Burton and CEO of Motorsport Aftermarket Group. McGann will be
responsible for ensuring profitable growth and maximizing operating
performance.

“Tom comes to us with a great deal of experience,” comments David
Jacobs, Spyder Founder and Chairman. “He knows the space, and he knows
the industry. I’m confident he’ll reinforce Spyder as the number one
ski brand.”

“I’m excited by the opportunity to come to work with Spyder and
Cloudveil, both strong brands with talented teams,” McGann said. “I’ve
enjoyed working in a product-focused, adrenaline-based environment.
This is a strong foundation on which we can continue to build and
leverage these two outstanding brands for growth.” McGann pointed to
focusing on excellent execution, outstanding dealer service, and
creating an inclusive internal planning process.

In conjunction with McGann’s appointment, Doug Hood has been hired as
CFO. His financial experience includes posts at Motorsport Aftermarket
Group, Aspen Marketing Group and SCI Promotion. Hood will direct
Spyder’s short and long-term financial goals, including strategizing
best fiscal practices relating to established and new distribution
channels and income centers.