John Rangel

Chief Financial Officer

2018 - Current

CFO and COO

2015 - 2018

CFO

2013 - 2015

Chief Financial Officer

2011 - 2013

VP and CFO

2007 - 2011

• Together with the COO, developed the strategic growth plan for the company and led a team to implement the plan. Implementing this plan has resulted in expanding distribution into 15 new fast growing markets internationally, adding sales of over $100 million with operating margins in excess of 10%, while saving taxes in excess of $10 million per year. • Completed seven acquisitions of distributors in key overseas markets and have completed three other acquisitions of retail stores. • Established the structure of the company for the Latin American market in order to maximize operational efficiencies and improve sales in these growing markets (including Mexico and Brazil) in a tax efficient manner. Leading the Latin American team that is setting up and running these operations. • Restructured the European operations of the company projected to save taxes of $30 million over five years and to improve operational efficiencies and position for growth. Actual tax savings in the first full year of operations were approximately $10 million. • Determined the strategic approach to the Asia Pacific region and led the team establishing operations in Singapore, Australia and New Zealand. The structure allows for tax efficiencies to be gained.

President European Ops

2004 - 2007

Responsible for the European operations of K2 Inc., with sales of approximately $320 million• Managing director of the K2 Sports distribution company with sales of skis, skates, snowboards, shoes and apparel of approximately $100 million. Together with the K2 Europe team, we doubled the sales of K2 skis in Europe in two years, overtaking the US sales for the first time in K2 history. The team also grew the sales of snowboards over the same period by over 25 percent, grew shoes by double and stopped the decline in inline skate sales. As a result, the operating results reversed from a loss to operating margins of nearly 10 percent.

SVP and CFO

2002 - 2004

• Established an acquisition team that completed 24 acquisitions in 20 months. The acquisitions included Rawlings, Worth, Marmot, Völkl, Marker and Brass Eagle, and sales increased from $550 million to nearly $1.3 billion. • Financed the acquisitions with nearly equal amounts of debt and equity. • Raised capital of over $300 million from the public capital markets and $300 million from banks and private equity groups. • Performed all aspects of negotiations, due diligence and raising capital.

SVP Finance

1983 - 2002

Senior Auditor

1978 - 1982