Board will lead a comprehensive CEO selection process EVANSVILLE, Ind. , Aug. 14, 2024 /PRNewswire/ -- Escalade, Inc.
(NASDAQ: ESCA ) announced today that Walter P. Glazer, Jr. has notified the Escalade Board that he would like to retire as Chief Executive Officer and President at the end of 2024.
The company's Board of Directors will lead a comprehensive search process for his successor that will consider both internal and external candidates. Mr. Glazer, who has been a shareholder since 1991 and a Director for the past nine years, will continue serving on the Board after his retirement, pending annual shareholder approval.
Reflecting on his time as CEO, Glazer stated, "It has been an absolute privilege and honor to lead Escalade and to work with our talented teams during extraordinary times. Escalade is well positioned for the future while continuing to deliver for our loyal consumers, trade partners, and shareholders. Our mission is 'Connecting family and friends, creating memorable moments and playing life to the fullest.
' My family has supported me while I've been away working with Escalade for the past few years. With Escalade in a strong position, it is time for me to reconnect with my own family and create memorable moments with them." Under Glazer's leadership, Escalade saw both significant growth and successfully navigated the post-pandemic return to normalized demand.
Notable achievements include the acquisition of Brunswick Billiards, the implementation of a decen.