Wilson CEO Leaves, Amer Sports Ascending

**Wilson CEO's Departure and Amer Sports' Growth Prospects**

1. **CEO Transition at Wilson**:
- Joe Dudy, the CEO of Wilson, is stepping down after a 30-year career with the brand, effective August 31, 2025.
- Dudy oversaw significant expansion for Wilson, including the development of its direct-to-consumer (DTC) business and the opening of retail stores.
- During his tenure, Wilson's ball and racquet sports segment grew 11% to $314 million, while the technical apparel segment increased by 23%, and the outdoor performance segment grew by 35%.
- CFO Andrew Page will serve as interim president and CEO of Wilson and the ball and racquet sports segment, effective September 1, 2025.
2. **Amer Sports' Performance and Prospects**:
- Amer Sports, the parent company of Wilson, reported a 23% year-over-year revenue increase to $1.2 billion in Q2 2025, with a ball and racquet sports segment revenue of $314 million.
- The company's stock hit an all-time high of $39.17 on June 28, 2025, reflecting a strong market confidence in their performance.
- Analysts have given Amer Sports an "overweight" rating, with a price target of $45, indicating positive expectations for the company's future growth.
- The recent secondary offering of 35 million shares by FountainVest Partners, managed by Goldman Sachs and BofA Securities, highlights investor confidence in Amer Sports' potential.
3. **Conclusion**
- The departure of Joe Dudy marks the end of an era for Wilson, but the company's growth trajectory under Amer Sports appears strong.
- With a robust performance in Q2 2025 and a positive market outlook, Amer Sports is well-positioned to capitalize on its multi-brand, multi-channel growth strategy.
- The interim leadership of Andrew Page is expected to ensure a smooth transition until a permanent successor is found for Wilson.
- Investors watching Amer Sports should monitor the performance of its various segments, particularly Wilson, and the company's ability to sustain its current growth momentum.