Swiss Army Brands CEO Resigns

Swiss Army Brands has announced the resignation of J. Merrick (Rick) Taggart as president and chief executive officer. He will be succeeded as CEO by Swiss Army Brands chairman Peter W. Gilson, and as president by A. Jeffrey Turner, currently senior vice president for strategic planning and new business development. Prior to joining Swiss Army Brands, Taggart was president of Duofold Inc. and Pringle of Scotland, U.S.A. Previously he was president of O’Brien International, a manufacturer and marketer of water sports equipment, and a senior executive of The Timberland Company. Gilson has been a director at Swiss Army since 1994. Turner joined Swiss Army as vice president of marketing in 1997 and was promoted to his current position in 1998.