Planned leadership transition reflects a longterm investment in Kona 3.0 and the brand’s future.
Kona Bicycles has appointed Charles Russell as President and Chief Executive Officer, effective June 1, 2026. Russell succeeds cofounder Jake Heilbron, who previously served as president and CEO, as part of a planned leadership transition focused on longterm continuity and investment in the company’s future.
Russell joined Kona in spring 2025 as Chief Revenue Officer. In that role, Russell worked alongside the company’s founders and senior team to help advance the business following its return to independent ownership. Charles has extensive experience in the bicycle industry, including senior roles with a number of organizations.
In May 2024, Kona cofounders Dan Gerhard and Jake Heilbron reacquired the brand from Kent Outdoors. Since then, the founders focused on stabilizing the business, rebuilding the team, and reestablishing Kona’s dealerfirst sales approach. Internally, this period marked the beginning of “Kona 3.0,” reflecting the company’s reset under private, riderowned control.
Russell’s appointment as president and CEO reflects a deliberate decision by the founders to invest in experienced leadership to guide the next stage of Kona 3.0, while maintaining continuity with the brand’s values and operating principles.
“The past year has been about rebuilding Kona with intention and integrity, and that work has created real momentum. The business is experiencing industry-leading growth. Dan and Jake have positioned the company for a strong future, and I’m proud to step into this role at such an important time. With a newly formed leadership team that blends deep experience with fresh perspective, we’re very excited about the growth opportunities for the business,” said Russell.
Jake Heilbron and Dan Gerhard will remain actively involved with Kona as directors and shareholders, continuing to steward the brand’s longterm vision.
