WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings has appointed outdoor industry veteran Sally McCoy to its board of directors, effective Jan. 6.
McCoy brings more than 30 years of experience in the specialty outdoor and active lifestyle industry. Formerly, she was CEO of CamelBak including when the company was a subsidiary of Compass. Vista Outdoor bought CamelBak from Compass in 2015.
Before CamelBak, McCoy was a co-founder of Silver Steep Partners, an investment firm that advised on the Eagle Creek, Montrail and Helly Hansen transactions. McCoy also served as president of Sierra Designs and Ultimate Direction and as vice president at The North Face.
She is also a founding member of the Conservation Alliance and Outdoor Industry Association.
“I am very pleased to welcome Sally back to the CODI family,” said Alan Offenberg, CEO of Compass Diversified Holdings. “Sally was a valued partner during her tenure with CamelBak. Her extensive branded consumer products and mergers and acquisitions experience will make Sally a strong addition to our board. We look forward to her contributions as we continue to use our strong balance sheet to pursue attractive platform and add-on acquisitions that will drive further cash flow growth and support stable cash distributions for our shareholders.”
Compass, which is traded on the New York Stock Exchange under the symbol CODI, still owns approximately 14 percent of Fox Factory’s common stock. The suspension company was split off from Compass Diversified in a 2013 IPO.