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WILSON CEO ANNOUNCES RESIGNATION; ARE THEY ON THE BLOCK?
Published February 16, 1996
Amer Group Ltd., the Finnish-based parent company of Wilson Sporting Goods Co., announced yesterday the resignation of Wilson President and CEO John Riccitiello. Appointed to his positions at Wilson in '93, Riccitiello said he resigned to pursue personal interests. Wilson Sr. VP/Finance and Administration Jim Reid- Anderson has been appointed COO until further notice. His appointment will be effective March 1, 1996 (Wilson). George Lazarus writes in this morning's CHICAGO TRIBUNE that Riccitiello is leaving to become CEO of Sara Lee Bakery Worldwide. Riccitiello's departure comes as the Amer Group, has been "quietly" entertaining offers for the company (CHICAGO TRIBUNE, 2/16).