Competitor Group Announces Executive Appointments

SAN DIEGO, March 19, 2012 /PRNewswire/ -- Competitor Group, Inc. (CGI), the leading active lifestyle sports media and event entertainment company, and a portfolio company of Falconhead Capital, today announced the following: 

• Scott Dickey has been named President and Chief Executive Officer.  Mr. Dickey was previously President and Chief Operating Officer;
• Steve Gintowt will take on the additional role of Chief Operating Officer.  Mr. Gintowt will also continue to serve as Chief Financial Officer; and
• Peter Englehart will continue as the Company's Chairman and in his long-term role as an Operating Partner of Falconhead Capital.

"Since the company's formation over four years ago, we set out to develop a superior management team to lead the direction and expansion of CGI," said David Moross, Chairman of Falconhead Capital.  "Our success in large part is due to the team of dedicated employees we have recruited and retained as the engine of our organization.  Scott and Steve are exceptionally capable executives and I look forward to them leading the charge on the next phase of the Company's growth, as we further expand our operations globally and continue building our endurance ecosystem and digital community."

Mr. Englehart added, "Over the past four years, we have achieved tremendous operational and fiscal milestones, as we built an industry leading media and event entertainment company.   I could not be prouder of all that the CGI team has achieved to date, including helping to raise more than $250 million for great charitable causes.  I am excited for what we will continue to accomplish under Scott and Steve's leadership."

Mr. Dickey joined CGI in 2008 and brought a brand of leadership and expertise that he developed over a 20-year career of managing high-profile global businesses. He was previously the President of Transworld Media, a former division of Time Warner, where he led the growth and multimedia expansion of the world's leading action sports media company. Mr. Dickey has also held other top executive posts at K2 Inc., The Walt Disney Company and the National Basketball Association.  As President of CGI,  he has been instrumental in leading the Company's operations and global expansion, from 16 events in 2008 to more than 58 in 2012, with the flagship  Rock 'n' Roll Marathon Series now operating in 27 distinct markets.

Prior to joining CGI in 2008, Mr. Gintowt was the Managing Director and CFO of Triathlete Magazine, the largest triathlon media property in the world.  His 30-year career includes co-founding Active Europe Networks Ltd and Senior Executive positions with Gemplus, Unisys, Ericsson and General Electric.

About Competitor Group
Headquartered in San Diego, Calif., Competitor Group, Inc. (CGI) is the active lifestyle industry's leading media and event entertainment company. CGI is a portfolio company of the investment firm Falconhead Capital, which specializes in growing companies in the consumer sector of the leisure and lifestyle space. The aggregate CGI customer base now exceeds 7 million Endurance enthusiasts and athletes. CGI's portfolio of media assets dominate the expanding endurance industry and include a robust digital community online at Competitor.com. With the strategic addition of  Raceit.com, a leading digital registration platform, the company has launched a race services capability to meet the needs of not only the company's owned and operated events, but also endurance events of all sizes on behalf of the entire industry. With a leading market share of endurance enthusiasts, CGI owns and operates more than 58 events around the world, including the flagship Rock 'n' Roll Marathon Series in 27 markets, the Land Rover TriRock Triathlon Series in 7 markets and the Columbia Muddy Buddy Series in 8 markets, collectively delivering more than 600,000 professional and amateur participants in 2012. Anchoring the company with rich content and marketing leverage are four publishing properties dedicated to running, cycling, triathlon and the world of multisport including Velo, Inside Triathlon, Triathlete and Competitor with a combined monthly circulation of over 600,000.  Further information about CGI and its digital, publishing and event entertainment properties can be found at Competitormediakit.com.

Contact:
Mark Semer, 212-521-4800
[email protected]

Dan Cruz, 619-925-7671
[email protected]

SOURCE Competitor Group, Inc.