He will replace Rob DeMartini when he steps down Dec. 31. Currently chief commercial officer of NB, Preston is a 23-year veteran of New Balance whose career has seen him have major roles in the international department which he ran from 2005 and most recently as EVP of global product, R&D and sports marketing.

DeMartini was CEO for 12 years, a period in which NB sales grew from $1.5 billion to an expected $4.2 billion this year. In recent years, NB has ... Log in to view full article.