Did you hear?... Andy Zimmerman of Confluence launches new venture

Founder and former Confluence CEO Andy Zimmerman, who is still on the Confluence board, is launching a new venture, he told SNEWS® last week.

Founder and former Confluence CEO Andy Zimmerman, who is still on the Confluence board, is launching a new venture, he told SNEWS® last week. "Right now we have incorporated under Great Idea Development Inc., and it's a company that operates as a think tank for product development. We'll think of the ideas, come up with a prototype, and in some cases work with the company buying the idea from a consulting standpoint for marketing and, possibly, sales too." Zimmerman purchased a building that he hopes to have remodeled and open in two months. "It will be a 26,000-square-foot facility with designs that make the work space a very creative one from a visual and engineering standpoint, and a very fun one from an employee standpoint." Zimmerman also told SNEWS® that his new company would work on projects inside and outside of the outdoor industry. "We are very interested in fads and what will make the next one. What made the Hula-Hoop or the Pet Rock or the Billy Fish (that garnered $89 million in sales) successful? It's nice to make folks laugh, and I can tell you that in addition to serious projects, if we can develop items that make you laugh and make me money, we're going to do it."


Confluence sells Pro Canoe and Kayak interest to Zimmerman

Confluence Watersports has sold its majority interest in Pro Canoe and Kayak, a Greensboro, N.C.-based paddlesport retailer with three locations, to former Confluence CEO Andy Zimmerman. Justin Evans, Pro Canoe's General Manager and COO, is also a minority investor along with ...read more


Andy Zimmerman steps away from Legacy Paddlesports

Andy Zimmerman, who helped found Legacy Paddlesports (www.legacypaddlesports.com), has decided to step down as CEO and leave the company. Legacy COO and now interim CEO Bill Medlin told SNEWS® that Zimmerman would retain his share of ownership in Legacy, but would no longer be a ...read more

Andy Zimmerman looks to get back in game with acquisition of Heritage

If all goes as planned, Andy Zimmerman, and his newly formed paddlesports company Legacy Paddlesports, will soon become the majority owner of Heritage Kayaks. Hol Whitney, who founded Heritage in 1997, will retain a significant ownership stake in the company and assume the role ...read more

Did you hear?... Medlin ousted at Confluence

Bill Medlin is no longer the CEO of Confluence Watersports following a 4 p.m. decision Monday to oust him. This decision comes only five days after Confluence was forced by the company's new majority owner, American Capital Strategies (ACS), to eliminate approximately 30 percent ...read more

Confluence fires John Bergeron, new hire in question

John Bergeron was removed as CEO of Confluence during a special Jan. 19 meeting of the company board of directors chaired by Bob Sharp of American Capital Strategies. When SNEWS® called for confirmation of Bergeron's termination, we were told only that the decision to fire ...read more

Fitness: Did you hear?

>> Did you happen to read the Wall Street Journal on Dec. 7? The Love & Money column in the business section had the headline: Why Gym Memberships Make Me Sweat. Columnist Jeff Opdyke writes about his wife's occasional insistence she need some piece of equipment or a gym ...read more

Did you hear?... Confluence Canada has a new manager

Confluence Canada, the subsidiary of North Carolina-based Confluence Watersports Company, has a new general manager. James Malcolm was on the job at Summer Market. He was hired after a year-long search, said Confluence Canada President Harrie Tieken, who will now have more time ...read more

Did you hear?… New Balance enters unique TV venture

New Balance is investing in a video-on-demand (VOD) cable network dedicated to fitness, sports instruction and motivational programming -- a unique venture to promote its apparel and footwear to consumers. The company will join Comcast and Time Warner and workout guru Jake ...read more

Did you hear?... Confluence is not selling Mad River Canoe

Rumors that Confluence is or will be selling Mad River Canoe (MRC) are simply not true, company president Bill Medlin told SNEWS®. "MRC is a key element of our growth strategy, and we have no plans to divest ourselves of the brand. We are planning on significant upgrades to the ...read more