CEO Standoff Underway at Scott Sports
Our sister publication The Outdoor Industry Compass reported that long-serving CEO Beat Zaugg has been dismissed by Scott’s board of directors, with the full support of majority shareholder Youngone Corporation, which controls the board. He has been replaced by financial executive Juwon Kim as his interim successor, backed up by two recognized international industry experts, Steve Meineke from the U.S. and Mathias Seidler from Germany. Meineke has held various management positions at bicycle and outdoor companies such as Nordica USA, Specialized, Raleigh America, Accell North America, and Keen, while Seidler was ... Log in to view full article.