Here's the news release:
FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--May 9, 1997--Oakley Inc.(NYSE:OO) Friday announced that Robert Bruning has resigned as chief financial officer to rejoin a former principal of Cobra Golf, who is pursuing an opportunity in the golf industry.
Bruning joined Oakley in January 1997 following Cobra's acquisition by American Brands in early 1996.
Link Newcomb, Oakley's chief operating officer, will act as interim chief financial officer, a position he previously held, until a replacement is named.
"We wish Robert well in his future endeavors and intend to act quickly to identify a qualified replacement," said Newcomb.
"We remain focused on our efforts to increase sales, particularly through new product introductions, and, in fact, look forward to contributions from our new eyewear model, Fives, which began shipping last week." |
