Michael Crooke and Prana part ways -- Theodosakis resumes control

Prana and Michael Crooke, hired as CEO in December 2008, have parted ways, effective immediately, SNEWS® was told by Prana founder Beaver Theodosakis.
Author:
Publish date:

Prana and Michael Crooke, hired as CEO in December 2008, have parted ways, effective immediately, SNEWS® was told by Prana founder Beaver Theodosakis. He has stepped in as interim CEO of the company.

"We are now in a position to act on many new and exciting plans for development and growth, and have decided that the nature of those initiatives will require a different focus from leadership," Theodosakis told us. "During the 11 months Michael has led the company, he has put into place operational systems that have helped the company to remain profitable, even in a down economy."

All recent hires, brought in by Crooke, will be staying with Prana, including Scott Kerslake, Rich Hill, Andy Marker, Nicole Bassett and Nikki Larsen. Click here to read the July 20, 2009, story, "Prana adds to leadership team amid best spring sales ever."

--Michael Hodgson

Related

Beaver_Kerslake_120210_sm.jpg

Prana names Scott Kerslake as CEO

Scott Kerslake has been named Prana’s new CEO, effective immediately, succeeding Beaver Theodosakis, the company’s founder and current CEO. Theodosakis will remain on the board of directors and continue in an ambassador role focused on sustainable business growth and developing ...read more

Prana acquired by Liz Claiborne

Making public an acquisition that SNEWS® had been quietly bird-dogging since Outdoor Retailer Summer Market, Prana announced late in the afternoon on Nov. 3 that it had been acquired by Liz Claiborne. The purchase price was approximately $34.4 million, with an initial payment ...read more

Watershed USA and Nikwax UK part ways

As of June 1, Watershed USA, which has distributed Nikwax waterproofing products for the past 11 years to the United States as the managing partner of Nikwax USA, and Nikwax UK have officially parted ways. Nikwax USA has been dissolved with all staff remaining employed by ...read more

Peter Haines and The Super Show part ways

The Super Show and its director for the last three years, Peter Haines, have parted ways, as of Jan. 28. As COO of show manager CSM, Haines came on in March 2002 with an option to buy the business that managed The Super Show for show owner SGMA. His goal was to return the "super" ...read more