Industry News 9/25/2013

EMP: Nixon Appoints Nick Stowe as CEO

Nixon Appoints Nick Stowe as CEO, Co-founder Andy Laats moves to executive chairman role
Press Release from Nixon

After an exhaustive search, Nixon has named Nick Stowe as their new Chief Executive Officer, replacing Andy Laats, who is changing roles for family health reasons. Stowe, 43, has over 20 years of successful leadership experience with start-ups and established global brands including jewelry company Stella & Dot, Converse and Hurley.

“Nick understands our potential, and he’s the kind of guy I want at Nixon,” said Laats. “He’s an experienced leader who not only has formal business training, but also knows how to grow strong consumer brands.”

“I am tremendously excited to be joining Nixon. Andy, together with co-founder Chad DiNenna and the team, have built an incredible, authentic brand that has amazing potential. I’m excited about the products we have coming and the opportunities to introduce the brand to an even broader audience around the globe,” said Stowe.

Prior to his role as COO at Stella & Dot, Stowe held general management positions leading Converse’s international expansion and overseeing the growth of NIKE's subsidiary brand portfolio which included Converse, Hurley, Cole Haan, Nike Bauer Hockey, and Starter. Originally from the UK, Stowe began his career at Bain & Company, serving clients from their London, Moscow and San Francisco offices. Stowe has a BA from Oxford University and an MBA from Stanford University.

www.nixon.com