Vibram USA President Announces Resignation

Tony Post, President and CEO of Vibram USA Inc., has announced his planned resignation, which will go into effect July 7, 2012. Chief Operating Officer Mike Gionfriddo will step up and take on leadership responsibilities.

With a fifty-fold growth under Post’s leadership, Vibram USA won numerous industry awards. The decision to leave was a hard one for Post, who commented, "This was not an easy decision for me to make. I've really enjoyed working for Vibram and leading such a dedicated and hardworking team, and I'm so proud of all we accomplished over the last 11 years. I am deeply grateful to the entire Vibram organization and to the retailers and customers throughout North America who have supported our brand and helped Vibram develop and broaden the category of minimalist footwear. We could not have experienced such growth, or received such broad recognition as an industry pioneer, without belief from our staff, retailers, and the dedicated advocates of the brand."

"Many people know Tony as a product and marketing innovator, but those of us who work with him on a daily basis respect him most for his vision and leadership," said Gionfriddo. "Tony not only expanded and invigorated the Vibram sole business, but he also - at a time when few believed in Vibram FiveFingers for fitness and running - articulated a vision, created belief, and empowered a team to build a successful industry-changing business and category. We will all miss his leadership, insight, and support."

"Although the Vibram brand means so much to me personally and professionally, I believe now is the right moment for me to move on," Post said. "In my time at Vibram, we built a movement that captivated the footwear industry and genuinely changed the lives of runners, fitness enthusiasts, and consumers around the world. After such an amazing experience, I'm now looking forward to the next adventure. I wish Mike Gionfriddo and the Vibram worldwide organization continued success in the future. It's a great team and I'm sure the brand will continue to succeed."