Nautilus, Inc. Names Chief Supply Chain Officer
April 05 2021 - 9:00AM
Business Wire
Successful global supply chain executive joins
executive leadership team
Nautilus, Inc. (NYSE: NLS), an innovation leader in connected
home fitness, today announced that it has hired John Goelz as Chief
Supply Chain Officer, effective immediately. In this new position,
Goelz will lead the transformation of Nautilus’ global end-to-end
supply chain to deliver innovative strategies, including sourcing,
procuring, cost management, manufacturing, warehousing,
transportation and distribution to accelerate product delivery.
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Nautilus, Inc., an innovation leader in
connected home fitness, today announced that it has hired John
Goelz as Chief Supply Chain Officer. (Photo: Business Wire)
Goelz brings 15 years of experience in directing supply chain
and material planning, including designing and executing processes
and procedures utilizing innovative strategies to optimize cost
efficiencies and enhance the customer experience.
Most recently, Goelz was vice president of global supply chain
for the Master Lock Company – a leader in global safety and
security – where he led the organization’s strategic transformation
of its supply chain operations; while aligning the execution of
global strategies with corporate goals.
Prior to that, Goelz held various positions overseeing supply
chain, sales, and operations for Rockwell Automation, where he
provided guidance and support for business readiness and process
deployment.
“John brings the experience needed to turn our supply chain into
a strategic advantage to better meet demand, improve the customer
experience, and accelerate our product development and delivery,”
said Jim Barr, Nautilus, Inc. Chief Executive Officer. “John’s
global manufacturing and production expertise is pivotal to
executing an optimized and scalable supply chain to support our
aggressive growth plans.”
Mr. Goelz commented, “I couldn’t be more thrilled to join an
organization that is disrupting home fitness and understands the
critical role the supply chain plays in achieving our long-term
growth goals. I also have a personal interest in fitness as a hobby
athlete – having competed in various endurance activities both
running and cycling – and look forward to contributing to other
people’s fitness journeys.”
About Nautilus, Inc.
Nautilus, Inc. (NYSE:NLS) is the global leader in innovative
home fitness solutions. The company’s diverse brand portfolio
includes Bowflex®, Nautilus®, Schwinn®, and a broad selection of
exercise bikes, cardio equipment, strength training products, as
well as the JRNY® digital fitness platform. Nautilus, Inc. empowers
healthier living through individualized connected fitness
experiences. The company sells its products through direct and
retail channels. Nautilus, Inc. uses the investor relations page of
its website (www.nautilusinc.com/investors) to make information
available to its investors and the market.
This press release includes forward-looking statements
(statements which are not historical facts) within the meaning of
the Private Securities Litigation Reform Act of 1995, including:
planned investments and initiatives and the anticipated results of
such initiatives. Factors that could cause Nautilus, Inc.’s actual
results to differ materially from these forward-looking statements
include: weaker than expected demand for new or existing products;
our ability to timely acquire inventory that meets our quality
control standards from sole source foreign manufacturers at
acceptable costs; an inability to pass along or otherwise mitigate
the impact of raw material price increases and other cost
pressures, including unfavorable currency exchange rates;
experiencing delays and/or greater than anticipated costs in
connection with launch of new products, entry into new markets, or
strategic initiatives; our ability to hire, retain and integrate
key management personnel, including our new Senior Vice President
and Chief Digital Officer; changes in consumer fitness trends;
changes in the media consumption habits of our target consumers or
the effectiveness of our media advertising; a decline in consumer
spending due to unfavorable economic conditions; and softness in
the retail marketplace. Additional assumptions, risks and
uncertainties are described in detail in our registration
statements, reports and other filings with the Securities and
Exchange Commission, including the “Risk Factors” set forth in our
Annual Report on Form 10-K, as supplemented by our quarterly
reports on Form 10-Q. Such filings are available on our website or
at www.sec.gov. You are cautioned that such statements are not
guarantees of future performance and that our actual results may
differ materially from those set forth in the forward-looking
statements. We undertake no obligation to publicly update or revise
forward-looking statements to reflect subsequent developments,
events or circumstances.
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version on businesswire.com: https://www.businesswire.com/news/home/20210405005115/en/
Media: John Fread Nautilus, Inc. 360-859-5815
jfread@nautilus.com
Carey Kerns The Hoffman Agency 503-754-7975
ckerns@hoffman.com
Investors: John Mills ICR, LLC 646-277-1254
john.mills@ICRinc.com
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