Leonard Green Installs Interim CEO at Sports Authority
The Los Angeles private equity firm has bid adieu to David Campisi and installed current Jo-Ann Stores’ chairman Darrell Webb as interim CEO of Sports Authority. Webb will serve both in both executive posts for the foreseeable future. Leonard Green agreed to acquire the national specialty retailer for crafting, decorating and sewing in Dec. 2010 for $1.6 billion.
The announcement ends a six-year run at Sports Authority for Campisi, who began at the national sporting goods retailer in Nov. 2004 as president of merchandising. Less than a year later, he was promoted to president of the then 392-door chain with the ... Log in to view full article.