Cotopaxi, a Salt Lake City-based manufacturer of outdoor apparel and accessories, has promoted Lindsay Shumlas to become the company’s CEO, replacing Damien Huang, who has left the company. Board member Wendy Yang has also been named executive chair of the board.
“I’m honored to step into the stewardship of Cotopaxi, a pioneering brand that holds deep meaning and purpose for so many, inspiring adventure, fostering community, and aiming to reduce poverty around the world,” Shumlas said in a statement. “I am committed to driving that mission forward by building on our established, successful business that delivers innovative sustainable lifestyle products that stay connected to what our consumers value most.”
Shumlas joined Cotopaxi in April as its president and chief financial officer. Yang, the former president of Hoka and Teva and a Cotopaxi board member, will support Shumlas in her new role.
“Cotopaxi is more committed than ever to the shared mission of inspiring adventure outdoors, embracing environmental stewardship, and making a positive impact on the world,” Yang said in a statement. “The business is well-positioned to drive growth and prosper under Lindsay and the expanded leadership team. Her immense experience, insight, and dedication to impact will be invaluable to our responsible business model in its next stage of growth.”
Shumlas was previously the CEO of Vici, an online women’s boutique, and before that was the CEO of swimwear company Manhattan Beachwear. In her new role at Cotopaxi, she will be focused on driving consumer-led innovation, according to a news release.
The company’s release said Cotopaxi will remain focused on giving back to the community, The Cotopaxi Foundation has contributed more than $1 million toward poverty reduction, educational initiatives and empowering local communities.