7–Nation is excited to announceÂ Charles Field-MarshamÂ as a new investor. CharlesÂ is aÂ notable figure inÂ business and a water-sports enthusiast. His addition will allow theÂ company toÂ strengthenÂ itsÂ investment model, and convertÂ its corporate structure from an LLC to a C-Corp.Â 7–Nation owns and operates the subsidiaries of Slingshot Sports,Â Ride EngineÂ and Moonshine MFG.
â€œThis is a great first step inÂ professionalizingÂ ourÂ
CharlesÂ has a wealth of experience building businesses, a global network and a passion for the company. Field-Marsham will be welcomed to the Board of Directors and will chair subcommittees relating to 7–Nation‘s marketing and distribution initiatives.
â€œI am grateful to the Slingshot Founders, Tony and JeffÂ Logosz, as well as Chairman Scot Jarvis and the other shareholders for providing me the opportunity to invest in their outstanding company,” Field-Marsham said. “Together they have led Slingshot to become one of the worldâ€™s most respected kiteboarding companies and brands. Tony and Jeff have demonstrated their deep commitment to continuous product improvement and innovation, whichâ€”together with the depth and breadth of the team at Slingshotâ€”gives me great confidence in the future of the business.â€Â
Additionally, weÂ are pleased to announce KenÂ MeidellÂ has been appointed to the company’s Board of Directors. MeidellÂ joins the 7–Nation Board of Directors with more thanÂ 20Â years of experience in the Outdoor, Active Lifestyle and Action Sports Industries. Ken recently served as the CEO ofÂ Dakine Inc. untilÂ FebruaryÂ 2019.Â MeidellÂ is currently the CEO atÂ Outerbike as well as an Operating Partner for Stride Consumer Partners.
The 7–Nation Board of Directors now consists of:Â Scot Jarvis (company co-founderÂ andÂ Chairman),Â