PRESS RELEASE
Dorel Industries hires Adam Ingrao as General Manager for Cycling Sports Group Canada
National Football League Executive Joins Leadership Team of Dorel Recreational/Leisure Segment
BETHEL, CT, June 22 /PRNewswire-FirstCall/ -- Dorel Industries Inc.
(TSX: DII.B, DII.A), today announced the appointment of Adam Ingrao as
the new General Manager for Cycling Sports Group (CSG) Canada. In this
capacity, Ingrao will be responsible for elevating CSG presence within
the Canadian marketplace by leading and developing the overall
strategies to meet company goals and objectives. As general manager, he
also will drive development of winning sales and marketing programs to
fuel top line growth; drive profitability; increase market share; and,
will be overseeing CSG's budget and cash flow.
"Adam brings deep creative and strategic business development skills
to Cycling Sports Group, and he's uniquely qualified to extend our
presence in Canada," said Robert Baird, President of Dorel's
Recreational/Leisure segment. "His experience in retail marketing and
efficient business operations and development made him the leading
candidate for this important position."
Ingrao joined Cycling Sports Group with ten years of management
experience for international athletic and performance brands. Most
recently, he worked for the National Football League (NFL) overseeing
the League's international consumer products business. In that
capacity, Ingrao implemented a new business model for international
licensing, developed and implemented a global retail strategy, and
served as the NFL's primary point of contact for all related
international product and retail development issues. Prior to the NFL,
Ingrao was an international sales and operations manager for Polo Ralph
Lauren in London, and worked as a sales & operations manager for
Reebok International's European, African and Middle Eastern distributor
businesses, based in London and Munich.
"I am eager and honored to join the Cycling Sports Group," says
Ingrao. "I'm confident the experience I gained across the industry has
prepared me to raise the profile of our world-class brands in Canada."
About Dorel
Dorel Industries Inc. (TSX: DII.B, DII.A) is a world class juvenile
products and bicycle company. Established in 1962, Dorel creates style
and excitement in equal measure to safety, quality and value. The
Company's lifestyle leadership position is pronounced in both its
Juvenile and Bicycle categories with an array of trend-setting
products.
Dorel's powerfully branded products include Safety 1st, Quinny, Cosco, Maxi-Cosi and Bebe Confort in Juvenile, as well as Cannondale, Schwinn, GT, Mongoose and SUGOI in Recreational/Leisure.
Dorel's Home Furnishings segment markets a wide assortment of furniture
products, both domestically produced and imported. Dorel is a US$2.2
billion company with 4700 employees, facilities in eighteen countries,
and sales worldwide.
Source: DOREL INDUSTRIES INC.
CONTACT: Michael De Leon, Cycling Sports Group, (608) 268-8309,
MDeLeon@cannondalegroup.com; Rick Leckner, Dorel Industries Inc, (514)
731-0000
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