CamelBak Promotes Members of U.S. and International Sales Team

CamelBak today announced the promotion of several of its principal employees in the U.S. and internationally.

Layne Rigney has been promoted to Vice President of Recreation Sales at CamelBak. In his new position, he will be responsible for overseeing global recreation sales efforts out of CamelBak’s headquarters in Petaluma, California. Layne has been promoted from his former position of Director of Sales for Domestic Recreation Sales. Prior to joining CamelBak Layne held sales positions with PowerBar and RockShox.

Tom Andrews has been promoted to National Sales Manager for Domestic Recreation. In this new position, he will be responsible for overseeing all U.S. sales activities. Tom was promoted from his former position as Eastern Regional Sales Manager for Recreation. Tom held sales positions with Yakima and Bell Sports prior to joining CamelBak.

Ron Glotzer has been promoted to International Recreation Sales Director responsible for overseeing all international recreation sales efforts with customers throughout the world. Based in Petaluma, he will report directly to Layne Rigney. CamelBak’s European based sales and marketing team of Fabrice Faurie (European Sales Manager), Julien Guardiola (International Events & Communications Manager) and Leticia Sciamanna (International Sales Coordinator) will report in to Ron Glotzer. Nick Moreda, International Customer Service Rep, will continue to support international customer orders out of Petaluma.

“We have an incredible roster of talented employees here at CamelBak,” said Marty O’Donohue, CEO of CamelBak Products, LLC. “Now their skills and experience are better aligned with areas where they can have maximum impact and help continue the growth here at CamelBak.”

In other CamelBak staffing news, Vincent Lamoureux will continue with CamelBak International in a consulting capacity with specific focus on strategy and business development.

About CamelBak
CamelBak Products, LLC. is the originator of the Hands-Free Hydration system. Since 1991, CamelBak’s state of the art packs and hydration systems have benefited athletes, outdoor enthusiasts, and soldiers around the world. CamelBak continues to deliver innovative hydration products to the market with the belief in the performance advantage that proper hydration can deliver in any situation. The company is a privately held portfolio company of Bear Stearns Merchant Banking (BSMB) and is headquartered in Petaluma, California.

About BSMB
BSMB, the private equity affiliate of The Bear Stearns Companies Inc. (NYSE: BSC), invests private equity capital in compelling leveraged buyouts, recapitalizations and growth capital opportunities alongside superior management teams. Since its formation in 1997, BSMB has been an investor in over 50 portfolio companies across a broad range of industries. Recent investments by BSMB include: ACA Capital Holdings, Aearo Technologies (exited in 2006), Balducci’s, CamelBak Products, Cavalry Investments, Churchill Financial Holdings, Hand Innovations (exited in 2006), Multi Packaging Solutions, New York & Company (NYSE: NWY), Reddy Ice (NYSE: FRZ), Seven For All Mankind, Stuart Weitzman, Transamerican Auto Parts Company and Vitamin Shoppe. More information about BSMB can be found at www.bsmb.com.