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SRR Stride Rite Corp

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Share Name Share Symbol Market Type
Stride Rite Corp NYSE:SRR NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Hind(R) Announces Appointment of New GM, Energized Management Team; Industry Vision, Effective Execution And Solid Leadership T

06/03/2006 9:12pm

Business Wire


Stride Rite (NYSE:SRR)
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Furthering its commitment to dynamic growth and industry leadership, Hind, a subsidiary of The Stride Rite Corporation (NYSE: SRR), today announced the appointment of Todd Dalhausser as General Manager, effective March 13th. He will report to Richie Woodworth, President, Tommy Hilfiger Footwear, a subsidiary of The Stride Rite Corporation. Other appointments include the promotion of Hind industry veteran Patty Kelly to Director of Product and the appointment of Thom Gridley as Senior Designer. "Reshaping the brand's strategic team underlines our commitment to the ongoing growth and success of one of the most innovative performance apparel brands in the industry," said Woodworth. "Upon acquisition by Stride Rite, our priority was to maintain Hind's authentic brand platform while growing on a worldwide basis. We are confident that Todd will provide vision, effective execution and solid leadership for the brand while continuing to protect the brand's 'sweat equity' with athletes," said Woodworth. As Hind's general manager, Dalhausser will oversee all major functions including operations, product development, marketing and sales. Prior to joining Hind, Dalhausser served as Director of Eastpak North America, and before that as Global Product Manager of apparel and accessories for Reebok International. At Reebok, he was responsible for the strategic development and execution of the brand's $70 million global apparel line. Patty Kelly steps into her new role as Director of Product with an in-depth knowledge of the performance apparel industry. While working for eight years with Saucony's Canadian division, Kelly oversaw the global launch of Saucony apparel in the spring of 2005. As a former three-time member of the Canadian Elite Triathlon Team, Kelly brings a unique inside perspective on the apparel needs of the performance athlete. Thom Gridley, Hind's new senior designer, is the brand's first in-house designer. He joins Hind after previous roles with Reebok, and most recently, as head of apparel design for New Balance. Gridley was credited with the Sporting Goods Manufacturer Association's 2005 "Product of the Year Award" for his innovative design of performance trail running apparel. "We're very pleased with the team we are building," said Woodworth. "Patty represents a great deal of history with Hind and will continue to be the keeper of the brand's flame. Thom comes to us with an incredible background in functional design. This proven and energized team is clearly a tremendous asset to the Hind brand," he said. Lead By Product(TM) For over 30 years, Hind has been producing the highest quality performance apparel in the athletic market, creating milestone technologies, fabrics and products. Hind set the standards in the '70's, '80's and '90's with innovations such as the first run tight (the Sportight(TM)), first compression short (the Animal Short(TM)), and the first performance apparel fabric (dryLETE(TM)). Hind's slogan, "Making Sweat Look Good(TM)," reflects the brand's continued focus on sweat sports and inspiring design. About HIND: Hind, a subsidiary of The Stride Rite Corporation, is a leading innovator of technical apparel for athletes. Founded in 1974, Hind continues to define the industry's standards for performance apparel. Information about Hind and its product lines is available at www.hind.com. About Stride Rite: Headquartered in Lexington, MA, The Stride Rite Corporation is an NYSE company (SRR) with 2005 net sales of $588 million. Stride Rite markets the leading brand of high-quality lifestyle and athletic shoes for children and adults that are marketed by the Company under well-known brand names, including Stride Rite(R), Keds(R), PRO-Keds(R), Saucony(TM), Sperry Top-Sider(R), Tommy Hilfiger(R), and Grasshoppers(R). Apparel products are marketed by the Company under the Saucony and Hind brand names. Information about the Company is available at www.strideritecorp.com. Information about the Company's brands and product lines is available at www.striderite.com, www.keds.com, www.saucony.com, www.sperrytopsider.com, and www.hind.com.

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