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Vista Outdoor Announces CFO for Revelyst

Published October 20, 2023

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ANOKA, Minn.--Vista Outdoor Inc. (NYSE: VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, this week announced that Andy Keegan, currently Vice President and interim Chief Financial Officer of Vista Outdoor, will serve as CFO of Revelyst following Vista Outdoor's planned separation of its Outdoor Products segment into a standalone public company. Keegan will continue to serve as Vice President and interim CFO of Vista Outdoor until completion of the separation.

Keegan, who has been serving as Vista Outdoor's interim CFO since November 2022, is well known by investors and analysts and is highly respected across the industry. His financial leadership and expertise have been especially valuable since Vista Outdoor announced it will separate into two businesses. These assets make him the ideal candidate to lead Revelyst's financial team and join the management team alongside the Outdoor Products segment's recently appointed CEO, Eric Nyman.

"Andy was the right person to steer Vista Outdoor's financial direction over the past 10 months and he'll be the right financial leader to take over as Revelyst CFO after the separation," said Nyman, CEO of Revelyst. "His positive contributions to the organization are immeasurable as we separate into two standalone companies, and Andy will bring continuity and stability to Revelyst. Not only is Andy a savvy CFO, but he has assembled a team that will dial in a bright financial outlook for Revelyst."

Keegan joined Vista Outdoor's predecessor Alliant Techsystems Inc. in 2012 and has more than 15 years of experience in finance, accounting and treasury. Before his current role, he was the Vice President of Treasury and Corporate FP&A from 2020 to 2022, CFO of the Ammunition Business unit from 2017 to 2020, Vice President of Corporate Accounting from 2015 to 2017 and held roles of increasing responsibility within the finance department at ATK before Vista Outdoor's spinoff from ATK. He began his career with Deloitte. Keegan has undergraduate degrees in accounting and management from St. John's University and serves on the Board of Directors of the Vista Outdoor Foundation.

"Serving as interim CFO for Vista Outdoor for almost a year has prepared me to step into this new role, which I am excited to take on," said Keegan. "Separating the company into two has been a tall task, but our team has been up to the challenge — just as our Revelyst finance team is now ready to guide this new venture using lessons of the past with a fresh vision for the future. From Vista Outdoor to Revelyst, our goal has been, continues to be and will remain the same: Ensure the company is well positioned to deliver sustainable and profitable growth to shareholders."

About Vista Outdoor Inc.

Vista Outdoor (NYSE: VSTO) is the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products. Brands include Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fox Racing, Bell Helmets, Camp Chef, Giro, Simms Fishing, QuietKat, Stone Glacier, Federal Ammunition, Remington Ammunition and more. Our reporting segments, Outdoor Products and Sporting Products, provide consumers with a wide range of performance-driven, high-quality and innovative outdoor and sporting products. For news and information, visit our website at www.vistaoutdoor.com.

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