Paul Stone Steps Into Leadership Role at Sportsman's Warehouse, Effective November

Sportsman’s Warehouse Holdings, Inc. (SPWH) announced on Tuesday the appointment of Paul Stone as its new Chief Executive Officer, marking the end of an interim leadership period that began in April 2023. The transition takes effect November 1.

Leadership Transition Details

The move brings an end to the interim tenure of Joseph P. Schneider, who has guided the company since the retirement of Jon Barker. Following the November transition, Schneider will maintain his position as Independent Chair of the Board through the remainder of 2023, at which point he will step down and director Rich McBee will assume the Independent Chair role.

Stone’s Background and Experience

Prior to joining SPWH, Paul Stone held the position of President and Chief Operating Officer at Hertz Global Holdings, Inc., where his responsibilities encompassed oversight of a global network exceeding 11,000 locations. His tenure at Hertz also included a period as Interim CEO from May 2020 through October 2021, providing him with extensive experience navigating complex business challenges during transitional periods.

This appointment underscores SPWH’s strategy of bringing in seasoned leadership with proven track records in managing large-scale operations and organizational restructuring.

Disclaimer: This article reflects analysis and observations and does not constitute official guidance from Nasdaq, Inc.