There’s another leader leaving Camp Chef’s parent company Vista Outdoor. This time it’s the Vice Chairman of the Vista Outdoor Board of Directors.
Vista Outdoor is planning to split into two public companies this year, with Camp Chef going to the Outdoor Products side. Despite that major corporate event, they have seen quite a few high-level leaders in the company depart for one reason of another.
The leadership changes started last fall with the CFO departing for Keurig Dr Pepper. Since then, the CEO was removed last month, followed by the General Counsel a couple weeks ago.
According to an SEC filing the Board’s Vice Chairman, Tig Krekel, retired effective February 27th, 2023.
On behalf of the board of directors, I thank Tig for his valuable contributions to the board. We
Michael Callahan, Chairman of the Vista Outdoor Board
appreciate his years of service and dedication to Vista Outdoor, and we wish him the best in his retirement.
The board awarded the outgoing Tig Krekel with director emeritus status for one year. During the year-long period, he’ll be a consultant to the board. In return, he’ll receive a lump sum payment of $235,000 and his stock units in the company will vest.
I’m grateful to have served as a director of the company for the past 13 years, overseeing the evolution of Vista Outdoor from a strategic concept seven years ago into an industry leader. I look forward to seeing the company’s continued success.
Tig Krekel, Director Emeritus of Vista Outdoor