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Kosian leaves Head N.V.

Dutch sporting goods company Head announced on Tuesday that Robert Kosian, who was Head of Corporate Communications, has left the company to pursue other opportunities. Clare Vincent replaces Mr. Kosian. Mrs. Vincent who is Head of Corporate Finance, and currently looks after Corporate Communications in Europe, will assume responsibility for Corporate Communications worldwide.
Head NV is a leading global manufacturer and marketer of premium sports equipment, whose roots can be traced back to 1950 when Howard Head, the inventor of the first metal ski, founded the company.

www.head.com
January 29, 2003

 

HEAD NV Announces Formation of UK Sales and Marketing Subsidiary

Rotterdam - October 25, 2001 - Head N.V. (NYSE: HED; VSX: HEAD), a leading global manufacturer and marketer of sports equipment, announced today that it has formed Head UK, a wholly owned sales and marketing subsidiary and appointed Jeremy Sherwood as UK Managing Director.

Johan Eliasch, Chairman and CEO of Head NV commented:
'As part of the continuing drive to boost our market shares and distribution in key markets, we are pleased to report that, for the important UK market, we have been able assemble a first class team to build our business .

I'm pleased to welcome Jeremy Sherwood as the Managing Director to lead the UK organization. Jeremy has over 20 years of industry experience, most recently as the Managing Director for Europa Sportsystems UK, the former distributor for Prince, Nordica, Roller Blade and Killer Loop in the UK. Jeremy has brought his team with him and is already hard at work for the 2002 season. I have every confidence that he will significantly grow our business in the UK.

We are working closely with our current UK distributor, Sportline, a division of H. Young Holdings Plc, to insure a smooth transition during the period leading up to the termination of that relationship at the end of December. . I wish to thank the team at Sportline for their efforts for us over the years.'

Jeremy Sherwood added:
'I'm extremely pleased to be joining Head, with its strong brands and reputation for bringing cutting edge products to market. 'Head' already has a strong presence in the UK market with its core racquet, winter sports and diving product ranges and 'Head' is, of course, one of the top selling sports bag brands in the UK. It's my team's immediate intention to raise the profile of 'Head' in the UK market place and to accelerate the growth curve in sales by launching an aggressive marketing program. Our goal is significantly to increase the level of our market penetration and bring all of the company's products up to the high levels of market share attained by the 'Head', 'Penn', 'Tyrolia', 'Mares' and 'Dacor' brands in other markets.

Joining me at Head UK are Rab Reid, Sales and Marketing Manager, Winter Sports, Dave Shaw, Sales and Marketing Manager, Racquet Sports and Mike Noble, Sales and Marketing Manager, Sports Bags. The three have over 29 years of industry experience and will be leading the effort to bring the very best service to our customers."

Head UK will be based in Kendal, Cumbria, with a sales office in Bracknell, Berkshire. For additional information regarding Head UK please contact Jeremy Sherwood 44 (0) 153 972 4740 or email jsher10088@aol.com

www.head.com