Paul Byrne, the president of Precor who has been with the company for 28 years, has announced his retirement.
Byrne will leave his post as president, which he has held since 2000, on Sept. 1, the Woodinville, WA-based company said in a press release. Precor Vice President Rob Barker will succeed Byrne as president in what has been part of a developing succession plan, according to the company.
"Over the past 35 years, Ihave been fortunate to have been part of an industry that has contributed tothe well-being of so many people, and to havespent 28 of those years at Precorhas been beyond fortunate," Byrne said in a statement. "It has beenan immeasurable gift. I will retire withgreat pride in what we haveaccomplished and with eager anticipation of whatlies ahead."
Byrne co-founded Concept 90, a chain of stores thathelpedintroduce the concept of specialty fitness retail in the United States, before he was hired by Precor founder David Smith in 1985 to become vice president of sales and marketing. Since Byrne's arrival, Precor says it has grown to become a $350 million global supplier of home and commercial fitness. Precor's Elliptical Fitness Cross-Trainer (EFX) and Adaptive Motion Trainer (AMT) were introduced during Byrne's tenure, as was the Preva networked fitness system.
Upon Byrne's recommendation, Barker, who oversaw the Europe, Middle East and Africa territories as well as Asia Pacific as vice president for the past five years, was unanimously approved to succeed Byrne as president by Heikki Takala, president and CEO of Precor parent company Amer Sports, Helsinki, Finland, and the Amer Sports Board of Directors. Precor operates as the fitness segment of Amer Sports.
Barker joined Precor in 1995 as the sales and marketing manager for the United Kingdom. He also has served on the Precor senior management team. Barker will immediately begin the transition to president and will relocate to the United States, according to the company.
"Iam honored and excited to be asked by Paul Byrne and Heikki Takala to becomethe Precor president upon Paul’s retirement," Barker said in a statement. "I congratulate Paulon his strong career and admire his extraordinary effortsin shaping Precor into the world-leading company that it is today."