Dorel Resets Management Structure

June 2, 2008  by in UnCategorized   

By Home Furnishings Business in Home Office on June 2008 Reflecting Dorel’s growing strength in baby products, furniture and bicycles, the Montreal-based company announced a new management structure last week that has a segment president overseeing each area.

The trio, including a president of home furnishings who has not yet been named, will report to an executive committee made up of CEO Martin Schwartz, CFO Jeffrey Schwartz and two executive vice presidents, Alan Schwartz and Jeff Segal.

Until a president of home furnishings is named, Norman Braunstein is overseeing the segment as COO. He has been involved in the company’s furniture operations, which include the Altra and Cosco Home & Office RTA brands, since 2003.

Camillo Liso, who has been with Dorel since 2004, has been named president of Dorel Juvenile, a $1 billion business. She will also oversee the company’s shared services group.

Robert P. Baird Jr. has been hired as president of the fast-growing recreational leisure segment. He was formerly a senior executive with Philips Electronics and will be relinquishing a seat he held on Dorel’s board. The group includes the company’s Schwinn, Cannondale and Mongoose bicycle brands.