Columbia Sportswear’s ownership structure combines insider control with institutional investment. Below is a detailed overview:

Major Shareholders

  1. Timothy Boyle

    • Ownership Percentage: 39.46%
    • Number of Shares: 23,103,038
    • Value: Around $1.859 billion
    • Timothy Boyle, the CEO and Chairman, holds the largest individual stake in the company.
  2. Eaton Vance Management

    • Ownership Percentage: 7.751%
    • Number of Shares: 4,538,350
    • This firm is the second-largest shareholder.
  3. Vanguard Fiduciary Trust Co.

    • Ownership Percentage: 5.350% (or 5.17% in some reports)
    • Number of Shares: 3,065,740 (or 2,958,163 in alternate sources)
    • Value: Around $247 million
    • Vanguard is a key institutional investor.
  4. Joseph Boyle

    • Ownership Percentage: 4.918%
    • Number of Shares: 2,879,423 (or 3,002,214 in some sources)
    • Joseph Boyle, a relative of Timothy Boyle, has a significant stake.
  5. BlackRock Advisors LLC

    • Ownership Percentage: 4.869%
    • Number of Shares: 2,850,772 (or 2,945,497 in some reports)
    • BlackRock is a major institutional stakeholder.
  6. Molly Boyle

    • Ownership Percentage: 4.987%
    • Number of Shares: 2,919,883
    • Molly Boyle, another family member, also holds a large share.

Institutional and Insider Ownership

  • Institutional Ownership:

    • Total institutional owners: 683
    • Shares held by institutions: 42,908,106
    • Institutional ownership percentage: 75.02%
    • Major investors include Morgan Stanley, BlackRock Inc., and Dimensional Fund Advisors LP.
  • Insider Ownership:

    • Insider ownership percentage: 38.60%
    • Shares held by insiders: 23,182,322
    • Value of insider shares: Around $1.938 billion

Other Significant Stakeholders

  • Atlanta Capital Management Co. LLC: Holds 6.835% with 4,001,755 shares.
  • Pacer Advisors, Inc.: Owns 2.53%. The number of shares is not specified.
  • Additional notable institutional investors include Boston Trust Walden Corp and Thrivent Financial for Lutherans.

Columbia Company Details and Subsidiaries

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Columbia Sportswear is a global leader in outdoor apparel and gear. Its headquarters are located at 14375 Northwest Science Park Drive, Portland, OR 97229. The company runs several key subsidiaries and operates in various regions worldwide.

Key Subsidiaries

  • Columbia Sportswear India Sourcing Pvt Ltd.: This branch handles sourcing operations to secure quality materials and ensure a smooth supply chain.
  • Columbia Sportswear Korea, Inc.: Based in Dongdaemun-gu, South Korea, it focuses on distributing and selling men’s and boys’ sportswear in the region.

Global Sales and Operations

  • United States: The company generates high sales and manages core operations in this market.
  • Latin America and Asia Pacific (LAAP): These regions are important for sales and reflect Columbia’s focus on growing in emerging markets.
  • Europe, Middle East, and Africa (EMEA): Columbia has significant sales and operations across these areas.
  • Canada: Sales figures show a steady and active presence in this market.

Columbia Leadership and Organizational Structure

The leadership team plays a vital role in managing Columbia’s global activities: – Timothy Boyle: CEO and Chairman of the Board, with a 39.46% ownership stake (23,103,038 shares).
Jim Swanson: Director of Finance and CFO.
Steven Potter: Chief Technology, Science, and R&D Officer.
Peter Bragdon: Chief Administrative Officer.
Andrew S. Burns: Contact for Investor Relations.

Institutional Ownership

  • Major Shareholders:

    • Eaton Vance Management: 7.751% (4,538,350 shares).
    • Vanguard Fiduciary Trust Co.: 5.350% (3,065,740 shares).
    • Joseph Boyle: 4.918% (2,919,883 shares).
    • BlackRock Advisors LLC: 4.869% (about 2.8 million shares).
  • Institutional Investors:

    • Total institutional owners: 683, with 670 long-only, 8 short-only, and 5 long/short investors.
    • Institutional Shares (Long): 42,908,106 shares, or 75.02% of the company’s total shares.

Geographical Breakdown of Sales

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Columbia Sportswear divides its operations into four main regions, each playing a key role in revenue generation. Below is a detailed sales summary for 2023:

United States

In 2023, the United States was Columbia Sportswear’s top market, earning $2.24 billion in sales and contributing 64% of total revenue. Sales in the U.S. have grown steadily over recent years: – 2023: $2.24 billion
2022: $2.3 billion
2021: $2.06 billion
2020: $1.6 billion
2019: $1.94 billion

Latin America and Asia Pacific (LAAP)

The LAAP region generated $520 million in sales in 2023, making up 15% of total revenue. Sales in this area have shown consistent growth:
2023: $520 million
2022: $474 million
2021: $465 million
2020: $424 million
2019: $529 million

Europe, Middle East, and Africa (EMEA)

Sales in the EMEA region reached $469 million in 2023, representing 13% of overall revenue. The region has seen steady improvement:
2023: $469 million
2022: $439 million
2021: $382 million
2020: $299 million
2019: $367 million

Canada

In Canada, sales totaled $257 million in 2023, accounting for 7% of total revenue. This region has also experienced growth:
2023: $257 million
2022: $249 million
2021: $219 million
2020: $174 million
2019: $203 million

Columbia Sportswear’s diverse regional sales showcase its robust global presence and consistent upward trend across key markets.

Management and Board Members

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Columbia Sportswear’s leadership consists of experienced executives and board members, each bringing valuable knowledge and expertise to drive the company’s success.

Board of Directors

  • Timothy P. Boyle: Chairman of the Board, President, and CEO. He has been with Columbia Sportswear since 1971 and plays a key role in its growth.
  • Charles Denson: A recent addition to the board, Denson is a former Nike executive and the current Chairman of Funko’s Board of Directors. He serves on the Audit Committee and has extensive experience in product development and marketing.
  • Stephen E. Babson: Independent board member, providing impartial oversight.
  • Andy D. Bryant: Independent board member, contributing to the company’s strategic direction.
  • Kevin Mansell: Independent member with experience in corporate governance.
  • Ronald E. Nelson: Independent member, focusing on business operations.
  • Sabrina Simmons: Independent board member, contributing to strategic decision-making.
  • Malia H. Wasson: Independent member, recognized for her expertise in customer experience.
  • John Culver: Independent board member with a strong background in global business leadership.
  • Christiana Smith Shi: Independent board member, focusing on sustainability and innovation.

Executive Team

  • Timothy P. Boyle: Chairman, President & CEO, leading the company’s strategy and overall operations.
  • Peter Bragdon: Executive Vice President and Chief Administrative Officer, overseeing legal, administrative, and corporate functions.
  • Lisa Kulok: Executive Vice President and Chief Supply Chain Officer, bringing leadership experience from Nike to optimize Columbia’s supply chain.
  • Dean D. Rurak: Senior Vice President and Chief Product Officer, overseeing product development and innovation since 2005.
  • Skip Potter: Executive Vice President and Columbia Brand President, formerly Chief Digital Officer at Nike, focusing on expanding Columbia’s digital presence.
  • Peter M. Rauch: Vice President and Chief Accounting Officer, responsible for financial strategy and reporting since 2008.

Key Roles and Expertise

  • Neil Fiske: Former CEO of Eddie Bauer, expert in retail strategy and customer experience (previously listed on the board).
  • Gert Boyle: Former Chairman and CEO, known for her leadership and innovation, passed away in 2019.
  • Sarah Bany: Marketing executive with leadership experience at Coca-Cola, Procter & Gamble, and Nestle, providing strategic marketing insights.

Committees

  • Audit Committee: Oversees financial reporting and compliance, with Charles Denson as a member.
  • Talent and Compensation Committee: Focuses on executive compensation and talent management.
  • Nominating and Corporate Governance Committee: Ensures best practices in governance and board member nominations.