Deckers Outdoor Appoints Carlo Lingiardi as Teva Brand President
August 12 2005 - 7:30AM
Business Wire
Deckers Outdoor Corporation (NASDAQ: DECK) today announced the
appointment of Carlo Lingiardi as President of the Company's Teva
brand. As Teva Brand President, Mr. Lingiardi will be responsible
for all aspects of the Teva brand and will report directly to
President and Chief Executive Officer, Angel Martinez. Mr.
Lingiardi joins Deckers from TECNICA USA, where he most recently
served as Vice President and General Manager of its footwear
division. In this role, Mr. Lingiardi was directly in charge of the
hiking and after-ski footwear categories, coordinating the product
and design team efforts in both the United States and Italy. In
addition, at TECNICA USA he oversaw the entire marketing,
advertising and strategic direction for the hiking and after-ski
product lines, and under his leadership, the division posted
double-digit sales gains and significant increases in
profitability. From 2000 to 2003, Mr. Lingiardi served as Vice
President of Sales and Operations for GEOX USA, Inc. In this
capacity, he was instrumental in forming the U.S. division of GEOX,
an Italian based footwear company. At GEOX USA, Inc., his
responsibilities included hiring all sales and office personnel,
developing a distribution strategy, and opening the first flagship
store. Prior to that, he held the position of Marketing & Sales
Manager - Key Account Leader at W.L. Gore & Associates. Angel
Martinez, President and Chief Executive Officer of Deckers Outdoor
Corporation, stated, "The appointment of Carlo Lingiardi as
President of Teva is an important step in our ongoing efforts to
strengthen our organization and enhance our operating platform.
Carlo is a seasoned professional who joins our team with valuable
experience in the areas of sales, marketing and brand building,
particularly in the outdoor footwear industry. We are confident he
will be a tremendous asset to our company and a key contributor to
the long-term success of Teva." Deckers Outdoor Corporation builds
niche products into global lifestyle brands by designing and
marketing innovative, functional and fashion-oriented footwear,
developed for both high performance outdoor activities and everyday
casual lifestyle use. The Company's products are offered under the
Teva, Simple and UGG brand names. All statements in this press
release that are not historical facts are forward-looking
statements, including the Company's expectations for long-term
success of the Teva brand, among others. These forward-looking
statements are inherently uncertain and are based on the Company's
expectations as of today, August 12, 2005. In addition, such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results
to differ materially from those expressed or implied by such
forward-looking statements. Many of the risks, uncertainties and
other factors are discussed in detail in the Company's Annual
Report on Form 10-K for the fiscal year ended December 31, 2004.
Among these risks and uncertainties are the challenge of managing
the Company's brands for growth, the Company's ability to
anticipate fashion trends, product mix, the success of new
products, the sensitivity of Teva sales to seasonality and weather
factors, conditions in the general economy and in the retail
environment, the effect of consumer preferences and other factors
discussed in the Company's filings made with the Securities and
Exchange Commission. The Company disclaims any obligation to update
or revise any of the forward-looking statements in this news
release.
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