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on Escalade Sports (NASDAQ:ESCA)

Robert E. Griffin, Visionary Leader of Escalade Sports, Passes Away at 89

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Robert E. Griffin, the influential former CEO and Chairman of Escalade, Inc., died at the age of 89 on March 22, 2024, in St. George, Utah, surrounded by his loved ones. Griffin's leadership transformed Escalade into a leading sporting goods and recreation products company, diversifying its product base beyond its origins in archery to multiple categories, thus stabilizing the company through market fluctuations.

Under Griffin's guidance, Escalade's revenues grew significantly, from $800,000 in 1962 to $155 million in 2015. His strategic vision emphasized quality products and ethical business practices, which are still core to Escalade's operations. Griffin was not only a business leader but also a committed educator and community philanthropist, contributing to various educational and health-related initiatives.

Griffin pursued his education with a mechanical engineering degree from the University of Notre Dame followed by an MBA from The Kellogg School of Management. His career in Escalade began after responding to an opportunity to gain an equity stake in a company, which led him to the purchase and subsequent development of what would become Escalade, Inc.

Beyond business, he maintained a vibrant connection with his alma mater and other educational institutions, significantly influencing scholarships and programs. His involvement in community health initiatives and active living also marked his commitment to well-being beyond the corporate landscape. Griffin leaves behind a legacy of innovative leadership and community engagement that continues to inspire many.

R. H.

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