MORGAN HILL, CA (BRAIN)—Bob Margevicius, Specialized’s vice president of bicycle research and development, is moving to New Zealand but will remain with the company full-time.
Mike Sinyard, founder and chief executive officer, said Wednesday that Margevicius was a “top executive who’s done a great job.”
Margevicius’ move to New Zealand apparently sparked unfounded rumors that he had left the company. “Rest assured I am still every bit a part of the Specialized team,” he said. Margevicius said he would keep a residence in California.
With his move, Specialized is looking for a director of road bike product management. In addition, Deacon James and Brandon Sloan have been promoted to director level positions at the company’s Morgan Hill offices.