Dorel names juvenile president
MONTREAL – Consumer goods giant Dorel Industries has named Nicolas Duran as president and chief executive officer of Dorel Juvenile. He has been serving as interim president since last November.
Duran joined Dorel in 2012 and was responsible for overseeing all aspects of the Latin American and Canadian juvenile businesses. Prior to Dorel, he held various management positions across several geographies at Reebok International and the Adidas Group.
“Nicolas successfully doubled the size of the business in Latin America as well as implemented much needed change in Canada, allowing for a successful turnaround and significant improvement in our operating performance. Since taking over Dorel Juvenile on an interim basis late last year, he has been refocusing the segment toward a more agile and closer to market business model to better react to consumer needs and opportunities,” Dorel president and CEO Martin Schwartz said in a statement announcing his appointment.
“Over the past 12 months our emphasis has been to simplify the way we operate while challenging and reshaping Dorel Juvenile into a consumer centric organization. These changes, combined with a new laser focus on agility will deliver a robust innovation pipeline in 2018. I am proud to be leading the most passionate team in the industry. Our organisation is committed to delivering improved shareholder value,” Duran said.
One of publicly-held company’s three operating segments and the producer of car seats, strollers, monitors and other products for the baby and child market, Dorel Juvenile has operations worldwide, with 2016 revenue of close to US$1 billion.
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