PrimaLoft Installs New Leadership to Drive Commercial Growth

WESTPORT, CT – February 23, 2026 – Compass Diversified (NYSE: CODI) has announced a significant leadership overhaul at its high-performance materials subsidiary, PrimaLoft Inc., signaling a strategic pivot aimed at accelerating commercial growth and market expansion. Eric Weis, a 15-year veteran of BOA Technology, has been appointed President, effective immediately.

The move is part of a broader leadership restructuring that sees Shawn Neville, the current CEO of BOA Technology and a PrimaLoft board member, elevated to the position of Chairman of the Board at PrimaLoft. Weis succeeds Anne Cassava, who steps down from her role as CEO after a tenure marked by significant product innovation.

A New Commercial Focus with Proven Leadership

The appointment of Eric Weis is a clear indication of parent company CODI’s intent to bolster PrimaLoft’s commercial and marketing prowess. Weis joins from BOA Technology, the company renowned for its innovative fit systems, where he most recently served as Global Chief Commercial and Marketing Officer. During his 15-year tenure in ascending roles across product development and commercial management, he was a pivotal contributor to BOA's success, which saw its revenue more than triple.

This track record is precisely what CODI is betting on to propel PrimaLoft forward. “We are excited to welcome Eric to PrimaLoft as President. He is a proven leader with deep commercial experience in the outdoor and performance markets,” said Zach Sawtelle, Partner and Chief Operating Officer of Compass Group Management, in a statement.

Weis's expertise in translating technical product advantages into robust market share and brand loyalty is seen as a crucial asset for PrimaLoft, a company already recognized as a technical leader. His experience at BOA, a brand that partners deeply with hundreds of footwear and apparel companies, mirrors PrimaLoft’s own business model of supplying its advanced materials to over 950 global brands.

“I am honored and excited to be joining PrimaLoft, a global leader in creating innovative high performance sustainable thermo-regulating insulation solutions,” Weis commented. “I am a passionate outdoor enthusiast and a big fan of the brand and products, and look forward to working alongside the team to elevate PrimaLoft ever further into the future.”

Strategic Oversight from a Familiar Face

Further reinforcing the strategic direction is the elevation of Shawn Neville to Chairman of the Board. Neville, who has served as CEO of BOA Technology since 2017, brings a wealth of industry experience, with a career that includes leadership roles at Reebok, Footaction USA, and Keds Corp. His dual role as a PrimaLoft board member and now Chairman, while remaining CEO of BOA, creates a powerful synergy at the top of the organization.

The Weis-Neville pairing is notable, importing a leadership team with a proven record of working together to drive growth at another major player in the performance goods industry. This move suggests a desire for a seamless integration of a new strategic vision focused on aggressive commercial execution.

Sawtelle highlighted the combined strength of the new leadership, stating, "Shawn’s expanded role as Chairman of the Board brings 25-plus years of strategic and operational leadership experience; together we believe this positions PrimaLoft to build an even stronger future." Neville's deep roots in the footwear and apparel sectors provide him with a unique vantage point from which to guide PrimaLoft’s strategy and strengthen its partnerships with key customers.

Capitalizing on a Booming Sustainable Materials Market

The leadership shuffle comes at a critical time for PrimaLoft and the performance materials industry at large. Originally developed for the U.S. Army as a synthetic alternative to down, PrimaLoft has since carved out a dominant position as a leader in sustainable innovation. Its "Relentlessly Responsible" mission is backed by a portfolio of groundbreaking technologies.

These include its P.U.R.E.™ (Produced Using Reduced Emissions) manufacturing process, which can cut carbon emissions by up to 70%, and PrimaLoft® Bio™, the first biodegradable, 100% recycled synthetic insulation and fabric. The company has a long history of using post-consumer recycled content, having diverted hundreds of millions of plastic bottles from landfills.

This established focus on sustainability positions PrimaLoft perfectly to capitalize on a market where eco-consciousness is no longer a niche interest but a primary driver of purchasing decisions. The sustainable outdoor clothing market is projected to grow significantly, with a CAGR of nearly 6% through 2032, driven by consumer demand and tightening environmental regulations. Weis and Neville are tasked with harnessing PrimaLoft's impressive technological and sustainable credentials and translating them into accelerated revenue growth and deeper market penetration.

The CODI Playbook in Action

These appointments are a classic example of Compass Diversified’s active management strategy. Since acquiring PrimaLoft for $530 million in July 2022, CODI has sought to leverage its "buy-and-build" approach, which involves taking controlling interests in middle-market companies and actively managing them to create long-term value. Installing proven executive talent is a core tenet of this playbook.

The transition also marks the end of Anne Cassava's leadership. Though her tenure as CEO was brief, beginning in late 2023, it was impactful. She oversaw the launch of several new products in October 2025, including PrimaLoft UltraPeak, a pinnacle performance insulation, and PrimaLoft ReRun, the company's first textile-to-textile recycling platform. These innovations have strengthened the company's product pipeline, a contribution acknowledged by CODI.

“We thank Anne for her service and many contributions to PrimaLoft, including the development of a stronger product pipeline and organization,” Sawtelle stated.

By installing a new leadership team with a strong commercial and strategic pedigree, CODI is making a decisive move to build upon this technical foundation. The new structure aims to ensure that PrimaLoft's world-class sustainable innovations are matched by world-class commercial execution, solidifying its leadership position in the competitive performance materials landscape for years to come.