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Eugene Fierkens Appointed General Manager of CSG Europe

Published January 8, 2019

Wilton, Conn. – January 8, 2019 – Cycling Sports Group, a division of Dorel Industries (TSX: DII.B, DII.A), announced today that Eugene Fierkens has been appointed General Manager, CSG Europe. Adriano Nascentes, the division's current General Manager, has assumed the role of Chief Operating Officer for Dorel Juvenile Europe.

Eugene joins CSG from Specialized where he held various leadership roles beginning in 2004 including Managing Director for European Regions, a position he maintained for over 11 years, and most recently, Global Leader, Business Development.

"Eugene has a terrific track record of commercial success and an in-depth knowledge of the European markets and IBDs," said Peter Woods, President and CEO, Dorel Sports. "He is an avid road cyclist and his leadership and passion for the industry are evident both personally and professionally. I'm delighted to have him join our team as we kick off 2019."

"This is a great time to be joining CSG," said Eugene, who will be based in the Netherlands at the Oldenzaal CSG office. "The new products are outstanding and the new Cannondale branding work is incredibly exciting. I'm looking forward to getting out in the market and meeting the team and our dealers."

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ABOUT CYCLING SPORTS GROUP
Impassioned by the goal of delivering high-performance products to both the professional athlete and the recreational cyclist, Cycling Sports Group (CSG), a division of Dorel Sports, encompasses several powerhouse cycling brands, including Cannondale, GT, Schwinn, Charge, Fabric, and Guru. In Dorel Sports, brands also include Schwinn, Mongoose, Caloi, IronHorse and Kid Trax. Dorel Industries Inc. has annual sales of US$2.6 billion and employs approximately 9,200 people in facilities located in twenty-five countries worldwide. For more information, visit www.cyclingsportsgroup.com.

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