Salomon President and CEO Franco Fogliato is departing the company for personal reasons effective immediately, according to parent company Amer Sports.
James Zheng, the CEO of Amer Sports, will lead Salomon and the Outdoor Performance segment on an interim basis until a successor is identified. Amer also owns Arc’teryx, Atomic, Wilson, and several other outdoor and sport brands.
The company said it is grateful for Fogliato’s leadership and dedication throughout his tenure and wishes him success in the future.
Fogliato Previously Worked at Columbia Sportswear Company
Fogliato joined Salomon in November 2021 after previously working for eight years at Columbia Sportswear Company where his last role was executive vice president for global omnichannel.
Salomon has been reporting strong results of late, with 2023 revenue rising 22%, according to Amer filings.
Originally a French brand, Salomon makes footwear, apparel, winter sports equipment, and accessories. In September, the brand named Steve Doolan, formerly of Hoka, as the new Salomon president of the Americas.
Amer debuted on the New York Stock Exchange Feb. 1, generating $1.5 billion in proceeds.