News

Sportsman’s Warehouse Appoints Paul Stone as CEO

1 Mins read

Sportsman’s Warehouse Holdings has announced the appointment of Paul Stone as the new president, chief executive, and board member of the company. Stone, a veteran retail executive, will commence his role on November 1. He brings with him a wealth of experience following his previous position as president and chief operations officer of car-rental giant Hertz Global Holdings. Prior to his time with Hertz, Stone spent almost thirty years with Walmart’s Sam’s Club unit and gained further expertise during his two-year tenure with Cabela’s.

Stone, aged 58, will assume his new role with an annual base salary of $1.1 million, along with an annual bonus that targets 150% of his base pay. This high-profile appointment comes after Joseph Schneider, Sportsman’s Warehouse’s Chairman, temporarily held the position of interim president and CEO following the retirement of Jon Barker in April.

Schneider will continue to contribute to the company as its independent chairman until the end of this year, after which Rich McBee, a current board member since November 2018, will succeed him. These changes represent an exciting transition for Sportsman’s Warehouse as it looks to capitalize on Stone’s expertise and strengthen its position in the sporting goods retail industry.

By Colin Kellaher

Related posts
News

LSEG Rides Market Volatility To Solid H1 Growth, Fueled By Tradeweb, FX - FinanceFeeds

1 Mins read
The London Stock Exchange Group (LSEG) posted a stronger-than-expected first half, brushing off market volatility with double-digit growth in its core trading…
News

Coinbase Unveils 'Everything Exchange' Bringing Tokenized Stocks to US Users

1 Mins read
Coinbase said it will begin offering tokenized stocks, derivatives, prediction markets and early-stage token sales to U Coinbase said it will begin…
News

High Risk 100 USD SAR Expert Advisor Settings

1 Mins read
DISCLAIMER: Forex trading has a risk of losing all your money. Martingale and hedging systems that we have used now are kind…

Leave a Reply

Your email address will not be published. Required fields are marked *