Mike Dennison will step down from the top job at FOXF, with independent director Doug Grimm stepping in as interim CEO while the company searches for a permanent replacement. Dennison was promoted to CEO in 2019 after leading its Powered Vehicles Group and presided over a period of rapid growth as demand for its bike and off-road suspension products soared during the pandemic. However, FOXF’s addition of Marucci at the end of 2023 did not pan out as well, and the company took more than a 50% haircut by divesting the ... Log in to view full article.