This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nautilus, Inc. Appoints New Chief Executive Officer And New Non-Executive Chairman Of The Board

Nautilus, Inc. (NYSE: NLS) today announced that its Board of Directors has named Bruce M. Cazenave as Chief Executive Officer and M. Carl Johnson, III has been elected Non-Executive Chairman of the Board. Mr. Edward J. Bramson has relinquished his role as Chief Executive Officer and Chairman of the Board and resigned from the board effective May 26, 2011.

“We are pleased to have two exceptional executives lead Nautilus forward in the roles of chief executive officer and non-executive chairman now that our operational and financial turnaround is complete,” stated Bramson, Chairman and Chief Executive Officer of Nautilus, Inc. “Bruce and Carl bring an extensive track record of successfully creating and building multi-billion dollar consumer brands. Their key leadership roles with consumer products companies that are moving forward from their turnaround phase to sustained profitable growth is an ideal fit for Nautilus. I believe their backgrounds, combined with the current management talent at Nautilus, will further strengthen the company’s ability to become a leading global fitness products company.”

Mr. Bramson continued, “I joined Nautilus as Chairman in late 2007 and became Chief Executive Officer in April 2008. During this time, the Nautilus team has achieved a remarkable transformation despite the difficult economic and consumer credit headwinds. We believe the company is now well positioned to move forward and to continue to capitalize on its achievements thus far.”

Mr. Cazenave brings to Nautilus over 20 years of senior executive leadership and an extensive background running divisions of premier global consumer products companies. He previously served in several key executive roles, all with a focus on profitable growth, including Vice President / G.M. at Black and Decker, Chief Operating Officer for Timberland - Europe, and President and CEO of Dorel Juvenile Group, a leading provider of children’s products and a subsidiary of Dorel Industries. More recently, Mr. Cazenave served as President of Central Garden and Pet’s Garden Décor Group.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.72 -0.56%
FB $119.49 1.43%
GOOG $711.12 1.38%
TSLA $214.93 1.61%
YHOO $37.23 0.79%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs