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Rapha CEO steps down after less than a year

Published November 17, 2022

This article by Andrew Hood first appeared on BRAIN's fellow Outside Inc. website, VeloNews.

LONDON (VELONEWS) — Rapha's CEO William Kim will step down, with Francois Convercey and Daniel Blumire taking over as joint managing directors, the company announced.

Kim said personal reasons were behind his decision, and he would relocate to Korea to be with his family.

“As you can imagine, this has been a very difficult decision for me to make,” Kim said in a note to Rapha staff. “Over the last year, I’ve grown to love the Rapha brand. Rapha is an amazing business, made of great people and a unique culture, a tight-knit community. You are each contributing to building a very special brand here at Rapha. It has been a privilege to experience how magical cycling is and I know you will continue to thrive and lead the industry.”

Kim joined Rapha at the end of 2021 after working at All Saints, Burberry, and Gucci during a 30-year career. He succeeded Rapha founder Simon Mottram, who had been at the helm of the brand for 17 years and stepped out of the CEO role last fall. Mottram remains on the Rapha board of directors, officials said.

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