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Leupold Names New CEO

LeupoldPortland, OR—The board of directors of Leupold & Stevens, Inc. is pleased to announce the appointment of Calvin Johnston as president and CEO effective July 19, 2010.

Johnston joins Leupold & Stevens from successful roles as president of Galls Division Aramark Corp., and group president/CEO of Russell Athletics. During his career he has developed a track record of leading teams to significant growth in sales and profitability.

Johnston earned his Bachelor of Arts degree from the University of Florida and his master’s degree in marketing and business strategy from Northwestern University.

Johnston succeeds Tom Fruechtel, who will retire from the company at the end of 2010. During Fruechtel’s 12 years as CEO of Leupold & Stevens, he put in place an outstanding executive team that successfully introduced numerous new products and significantly grew the sales and profits of the company. Leupold’s board of directors is confident that this same team, working under the leadership of Calvin Johnston, will take the company to new levels of growth and profitability.

Leupold & Stevens, Inc., the most prominent American-owned and -operated optics company, employs more than 600 people in its state-of-the-art facility near Beaverton, Ore., where rugged, dependable, high-performance Mark 4 and Golden RingĀ® sports optics are designed, machined and assembled. Leupold is a fifth-generation, family-owned company whose products are sold worldwide to law enforcement officers, special operations military personnel, hunters, wildlife observers and competitive shooters. The product line includes rifle, handgun and spotting scopes; binoculars; rangefinders; flashlights; mounting systems; and optical tools and accessories.

Contact:
Patrick Mundy (503) 526-1467 or pmundy@leupold.com

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