EXETER, NEW HAMPSHIRE (May 31, 2017) - Peak Achievement Athletics and its controlling shareholders, Sagard Holdings and Fairfax Financial, announced the appointment of Edward G. Kinnaly as the Chief Executive Officer of the Bauer, Cascade and Maverik businesses, effective June 1.
Kinnaly was previously with Bauer Hockey for 13 years as Executive Vice President, Global Commerce and General Manager, Europe. Following his tenure with Bauer, Kinnaly served as President and CEO of Flywheel Sports. He also held management roles with Nike and adidas in marketing, product/category management and retail.
"I'm thrilled to be back working with the teams at Bauer, Maverik and Cascade," Kinnaly said in a news release. "I'm energized by the mission ahead - creating products that elevate our athletes' performance, delighting our consumers, driving the success of our retail partners and creating a world-class company culture."
Sagard and Fairfax determined that Easton should be operated on an independent, decentralized basis. Tony Palma was appointed CEO of Easton Diamond Sports on June 13 and will serve as co-CEO of Peak Achievement Athletics. They will succeed Harlan Kent.
"We are excited to have Ed Kinnaly back home and ready to build upon the achievements of some of the most innovative and iconic brands in sports," said Paul Desmarais III, the Chairman of Peak and Executive Chairman of Sagard.
"Ed is the right leader, given his prior long tenure with Bauer, to ensure that the culture of performance and innovation continues to grow and thrive," said Paul Rivett, President of Fairfax.
Palma has more than 23 years of experience in the sports industry. He was the CEO of Easton Sports and Easton Bell Sports during the company's strong brand and sales ascent during the 1990s through 2008. Recently, he was the CEO of OGIO International for more than seven years and successfully positioned the company as a sports lifestyle brand. His career has been earmarked by driving first-to-market innovative products and creative marketing in the baseball, softball, hockey, bicycle, archery, football, golf, and power sports markets.
"We are excited to work with Tony Palma who shares our long-term vision for Easton," Desmarais III said. "Tony has led Easton in the past and is a proven product innovator and longtime champion of the Easton brand."
Said Palma: "I am excited to be coming home to Easton. I look forward to being part of the great sports of baseball and softball and creating innovative products that raise the performance level of athletes to their highest potential. Our mission for creating innovative products will be supported by unique brand marketing that excites and interacts with consumers and our retail partners. The brands under the Peak umbrella are truly world-class in their respective sports and I am honored to be joining such a special organization."