Black Diamond, Inc. (NASDAQ: BDE) (the “Company” or “Black Diamond”),
a global leader of innovative active outdoor performance equipment and
apparel, has appointed Zeena Freeman as president, effective August 11,
2014.
As president, Freeman
will succeed Black Diamond Co-Founder Peter Metcalf who will continue
to serve as CEO and director. She will be taking over operating
responsibility of the Black Diamond Equipment, POC and PIEPS brands. Her
hiring will afford Metcalf the opportunity to focus more of his time on
other brand-defining activities, including championing the issues of
great importance to the Company’s fellow community of users.
Her
appointment is the result of a search announced last fall for new
senior leadership that would augment the Company’s strategic
capabilities in brand management, specifically in the areas of apparel,
retail and e-commerce. Freeman has also been appointed to Black
Diamond’s board of directors and, ultimately, the Company expects her to
succeed Metcalf as CEO no later than June 30, 2015.
“Zeena
brings Black Diamond a wonderful combination of leadership, strategic
thinking, brand management, and consumer product and omni-channel
expertise,” noted Metcalf. “She is precisely the kind of strategic
merchant and dynamic brand leader that we have been seeking, and we see
her perfectly positioned to lead Black Diamond’s fastest growing brands
through a multi-channel environment over the next decade.
“While
we expect Zeena to succeed me as the next CEO of Black Diamond, I
intend to remain involved with the business for the long term, both as a
director and as a senior executive responsible for public policy and
advocacy, as well as playing an integral role with our culture, products
and marketing.”
Freeman
has focused on business transformation, including launching, developing
and growing consumer businesses globally in emerging categories,
channels and markets throughout her career as an executive and
consultant. Most recently, she has been advising companies on strategic
opportunities, particularly in areas such as omni-channel retail and
digital innovation.
She
previously worked at Sony Corporation, where Freeman was the general
manager of global retail, responsible for Sony's worldwide store and
e-commerce businesses, and she also served as the senior VP of consumer
business development for Sony Corporation of America. Freeman was also a
member of the global sales & marketing team in Tokyo and reported
directly to the company’s chairman and CEO.
Prior
to Sony, Freeman served as CEO of PEOPLE, an Indian fashion and
lifestyle brand that is part of the multi-national Aditya Birla Group, a
$40 billion dollar corporation. As CEO of PEOPLE, she was responsible
for creating a new specialty retail apparel business with global
standards in design, merchandising and retail management, and oversaw
its growth from inception to the roll out of stores in key cities in
India.
For the
better part of a decade, Freeman also distinguished herself in a series
of roles with increasing responsibility at Gap, Inc., including senior
merchandising and management positions in Banana Republic Factory
Stores, babyGap and Old Navy Canada. During her time at Gap, she also
worked in multiple corporate functions, including corporate strategy and
sourcing & supply chain, in addition to serving as the special
business assistant to Gap's CEO in 1999 & 2000.
Freeman
commented: “I’m thrilled to be joining the Black Diamond team. The
Black Diamond Equipment, POC and PIEPS brands have been built over more
than half a century by serving its passionate customers through
innovative and beautifully designed products that also deliver
exceptional quality and brilliant functionality. These brands offer a
unique opportunity, anchored in the authenticity with which they have
served the professional and core communities, and in existing and
emerging areas such as apparel and personal accessories, to meet the
growing, global consumer demand for an athletic, outdoor approach to
living one’s life.
Freeman
received her B.A. degree from Hamilton College and her MBA from New
York University, where she was awarded the President’s Service Award for
Leadership. Her passion for global exploration and outdoor activities
has taken her around the world and included spending the better part of a
year living, studying and trekking in the Himalayas.
About Black Diamond Equipment
Black
Diamond Equipment is a manufacturer of equipment and clothing for
climbing, skiing and mountain sports. By consistently building
innovative, standard-setting products and actively preserving the
mountain/canyon environment, Black Diamond Equipment has assumed a
leadership role in the international outdoor community.
For more
information on Black Diamond Equipment, visit BlackDiamondEquipment.com
By press release
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