Core Insights - Columbia Sportswear has appointed Joseph P. Boyle and Peter J. Bragdon as co-presidents, with Boyle overseeing the flagship Columbia brand and Bragdon managing other brands and international business [1][4] Company Background - Columbia Sportswear was founded in 1937 by Paul and Marie Lamfrom, who fled Nazi Germany, and initially operated as Columbia Hat Co. The company was renamed Columbia Sportswear Co. in 1960 and went public in 1988 [3] - Gert Boyle, the daughter of the founders, took over in 1970 and transformed the company into a $3 billion-plus business [3][2] New Leadership Structure - Under the new structure, Bragdon will oversee Mountain Hardwear, Prana, and Sorel brands, along with international operations, while continuing to manage certain administrative functions [4] - Joseph Boyle will maintain responsibility for the Columbia brand and North American business [4] Financial Performance - In Q3, Columbia reported a 40% decrease in operating income to $67.4 million, down from $112.5 million a year earlier, and a 1% dip in net sales to $943.4 million [5] - Sales in the U.S. fell by 4% to $546.7 million, while international business saw double-digit sales growth in Europe [6]