Dorel seeks new CEO to replace segment leader

A search is underway for a new CEO to lead Dorel Industries recreational and leisure products segment following the departure of Robert Baird.

Until a replacement for Baird is named, Peter Woods, CFO of the recreational and leisure segment, will serve as CEO. Baird joined Dorel as president of the recreation and leisure segment in 2008 as part of a reorganization after previously serving in a senior leadership role at Philips Electronics. He also held key roles as companies such as Samsonite, Scott Paper, Bristol Myers and Procter & Gamble before arriving at Dorel.

"We are now initiating a search for Bob's successor,” Dorel president and CEO Martin Schwartz said referring to the departure of Baird. “We thank Bob for his service with Dorel and wish him well in the future. Our recreational business has become a billion dollar operation. We have an excellent team in place throughout the organization as well as brands that are highly respected by both dealers and consumers."

Dorel is a company better known to consumers by the brands it offers such as Safety 1st, Quinny and Cosco in juvenile products and Cannondale, Schwinn and Mongoose in the recreational space.