"Brooks Running CEO Jim Weber to Step Down After 23 Years"
Originally Published 1 year ago — by CNBC
Jim Weber, the longtime CEO of Brooks Running, is stepping down after more than 20 years, with company veteran Dan Sheridan set to take over on April 26. Under Weber's leadership, Brooks grew into a $1 billion-plus brand, and Sheridan aims to continue the company's momentum by focusing on global expansion and product offerings. The succession planning was formalized and professionalized, with Sheridan's appointment as CEO being the result of years of preparation. While inheriting a thriving business, Sheridan faces challenges such as an uncertain economy, supply chain disruptions, and steep competition in the footwear market.