Amer Sports, Inc. announced that Franco Fogliato, President and CEO of Salomon, will depart the company for personal reasons, effective immediately. James Zheng, the CEO of Amer Sports, will lead Salomon and the Outdoor Performance segment on an interim basis to ensure business continuity until a successor has been identified. The Company is grateful for Mr. Fogliato?s leadership and dedication throughout his tenure and wishes him success in his future endeavors.

Mr. Fogliato leaves the business in a healthy position, poised for continued growth. Salomon is a global leader in footwear and winter sports equipment and has a proven trajectory. The Company remains confident in the brand and its prospects and will continue to invest in its Outdoor Performance segment to drive long-term profitability.