August 13, 2012 - Nautilus, Inc. (NYSE: NLS) announced today that on August 9, 2012, Linda M. Pearce joined the Company as Chief Financial Officer following an extensive national search.
Ms. Pearce will oversee all financial, accounting, and investor relations activities for the Company. She brings over 25 years of financial management experience. Most recently, from 2000 through earlier this year, she served as Executive Vice President and Chief Financial Officer for Warn Industries, Inc., a company that designs, manufactures, and markets a full line of off-road equipment and accessories that enhance the performance of four-wheel-drive vehicles, ATV's and utility vehicles. Warn Industries is a subsidiary of Dover Corporation, a NYSE listed company. During her tenure at Warn Industries, Ms. Pearce managed all aspects of financial management and reporting, including leading the company through an LBO and later a strategic options evaluation process resulting in the acquisition by Dover Corporation. In addition, from May 2010 to January 2011, Ms. Pearce served as Interim President for Warn Industries, with responsibilities for overall global operations of the business. Prior to Warn Industries, Ms. Pearce held a number of financial management positions with increasing responsibilities at Gardenburger, Inc., Blount International, Inc. and Lindsay Forest Products, Inc. Ms. Pearce holds a Bachelor of Science in Accounting and Information Systems and Quantitative Analysis from Portland State University and a Masters of Business Administration from University of Oregon.
Bruce M. Cazenave, Chief Executive Officer, stated, “We are excited to have Linda join our management team and are confident that given her strong financial background, combined with her strategic planning and operational experience, that she will provide significant contributions to our company as we continue to execute on our key strategic initiatives. Linda’s financial expertise will be instrumental as we design, launch, and market new products with a focus on continuing to improve product and operating margins.”