Wednesday, April 18, 2007

New Balance CEO Jim Davis Steps Down - A New Leader Moves In

An important new development has just occurred at New Balance Athletic Shoe, Inc.; Jim Davis, CEO of 35 years, has stepped down. To bring in a new feel and fresh prospective, Jim Davis has brought in Robert T. DeMartini, the accomplished former Vice President of Consumer Products for Tyson Foods with over 22 years of experience.

According to DeMartini, "I will continue the established focus on domestic manufacturing, deep commitment to serious runners and strong appetite to grow the apparel business and other footwear brands."

Check out more information on this new development!

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