May 20, 2009 -- New Balance announced this week that Jim Tompkins,
President & COO at New Balance, will depart the company in early June. "My
time with New Balance has been a great experience," says Jim Tompkins. "I
have had a lot of fun and am proud of the tremendous progress we have made
over the last 25 years. We have grown the company 16 times since I started
and developed a brand that is consistently ranked highly in consumer
loyalty on a national scale. I have also made many good friends both in the
company and the industry. I am taking the opportunity to leave knowing New
Balance is in good hands to find a new challenge where my experience can be
utilized to help another young business grow."
"I wish to take this opportunity to thank Jim for his many contributions to
New Balance," says Rob DeMartini, CEO for New Balance. "Over the years,
Jim has served New Balance well in a variety of roles, including Product
manager, European Managing Director, Vice President R&D and President and
COO. He has been instrumental in building the business and the New Balance
brand to what it is today. We thank him for his leadership and wish him
much success in the future."
Know someone else who's interested in running and triathlon?
