K&N Engineering, Inc. Announces Organizational & Leadership Changes to Take Effect

Doug Hood, who joined K&N in 2014 as Vice President of Mergers and Acquisitions, has been appointed Chief Financial Officer of K&N Engineering, Inc. effective January 5th, 2015

K&N Engineering, Inc. has recently decided to make organizational and management changes at the executive leadership level. The K&N senior leadership team, and K&N’s board of directors, have introduced these changes for the purpose of streamlining processes and accelerating growth. Following several additions to executive leadership in 2014, these changes will further expedite the realization of growth targets set for 2015 and beyond. These changes should not only benefit K&N, but also K&N’s customers, and the end consumer.

The following organizational changes are to take place:

Doug Hood has been appointed Chief Financial Officer of K&N Engineering, Inc. effective January 5th, 2015. Doug joined the company in January, 2014 serving as Vice President of Mergers and Acquisitions. Prior to joining K&N, Doug served as Chief Financial Officer for Spyder Active Sports in Boulder, Colorado. Spyder is the leading brand globally in premium ski wear and a sponsor of the U.S. Ski Team. Spyder was successfully sold to Authentic Brands Group in August of 2013. Prior to Spyder Active Sports, Doug served as Senior Vice President of Corporate Development for Motorsport Aftermarket Group in Irvine, CA. MAG was the leading power-sport aftermarket build up. MAG was sold to Leonard Green Partners in 2007.

Jesse Spungin has been appointed Chief Marketing and Sales Officer effective January 15th, 2015. Jesse joined K&N in January, 2014, as Chief Marketing Officer. The Board of Directors, working with the senior leadership team, has reached the decision that K&N consumers, wholesale and retail customers, will be best served by integrating our marketing and sales strategies and implementation. Prior to K&N Jesse was Vice President / General Manager at ConAgra Foods where he had been in the leadership roles of brands such as Orville Redenbacher’s, Chef Boyardee, Healthy Choice Soups, Rosarita Beans, etc. He also held various positons in Category Management, Shopper Marketing and Trade Marketing working closely with customers to develop and deliver brand growth plans.

Resulting from the reorganization and consolidation of the sales and marketing functions, Jon Holder has left K&N to pursue other opportunities.