LOUISVILLE, Colo. (BRAIN) — John Levisay, who has led The Pro's Closet for the past 2½ years, will leave his position as CEO at the end of this month to spend more time with his family. Paul Calandrella, formerly TPC's vice president of strategic initiatives, was named general manager and will be in charge of day-to-day operations.
Calandrella, who has been with TPC since March 2022, has 15 years in the bicycle industry. Before joining TPC, he was REI Co-op's divisional vice president of activity strategy.
"I am excited to continue to push us forward," Calandrella said. "I take the vote of confidence from our board to step in as general manager as a call to steward the team through our next phase of growth. Despite recent macroeconomic and industry headwinds, I know we have a team up to the challenge of building upon our already innovative business model."
In January, TPC announced its second round of layoffs in the past three months. The company that began in 2002 as an eBay store for pre-owned bikes and quickly expanded in size and workforce did not say how many employees were affected. In October, The Pro's Closet reduced its workforce by 15%.
"I've basically been going full blast with work for the last 30-plus years," said Levisay, who succeeded founder Nick Martin in October 2020 after serving on the TPC board since 2016. "I still have young children, and I'm going to spend some much-needed time with my family. TPC made amazing progress in the last few years. I believe in the business, the TPC team, and the addressable market, and I'm excited to watch TPC continue to bring much needed innovation to the cycling industry."
