Core Insights - Walter P. Glazer, Jr. will retire as CEO and President of Escalade, Inc. at the end of 2024, with the Board of Directors initiating a comprehensive search for his successor [1][2] - Glazer has been a shareholder since 1991 and will remain on the Board after retirement, pending shareholder approval [2] - Under Glazer's leadership, Escalade experienced significant growth, including the acquisition of Brunswick Billiards and a focus on capital allocation and strategic asset optimization [2][3] Company Overview - Escalade, Inc. was founded in 1922 and is headquartered in Evansville, Indiana, specializing in sporting goods, fitness, and recreation equipment [4] - The company's mission is to connect family and friends and create memorable moments, with a portfolio of well-known brands including Bear® Archery, STIGA®, and RAVE Sports® [4]
Chief Executive Officer Walter P. Glazer, Jr. to retire by year-end