HELSINKI, Finland (BRAIN)—Amer Sports, parent company to Mavic and other outdoor sports brands, has shuffled its top management team.
Vincent Wauters, former senior vice president of supply chain and IT, has been named general manger of technical outerwear brand Arc’teryx, reporting to Andy Towne, president of Amer Sports’ Apparel. Antti Jääskeläinen, the company’s chief development officer absorbs Wauters’ former duties in addition to his existing responsibilities.
Wauters will be charged with leading Arc’teryx into its next chapter in line with the company’s strategy to grow faster in softgoods. Apparel is one of Amer’s quickest growing categories within its Winter and Outdoor business segment. Revenue in apparel rose 32 percent in the first quarter of the year, to 51.2 million euros.
With his new role, Wauters will no longer be a member of the group executive board, however Jääskeläinen maintains his position on the board and reports directly to Heikki Takala, president and CEO of Amer.
Amer, publicly traded on the Helsinki index of the Nasdaq stock exchange, is also parent to Salomon, Wilson, Precor, Atomic and Suunto. It ended trading at 8.98 euros a share on Monday.
