Immediately following the completion of Altamont Capital’s purchase of Dakine they have appointed a new CEO. Leslie Lane will assume the role of CEO immediately. Dakine announces that effective immediately Francois Carrete has stepped down as president.

Prior to joining Dakine, Lane was an operating partner at Altamont Capital focusing on Consumer/Retail businesses; previously he spent several years as a senior executive with Nike, Inc.

“We’d like to thank Francois for his leadership and efforts over the past 18 months and wish him future success.  We are excited to begin this new chapter in Dakine’s history, and are pleased to be able to invest in the future of this great brand,” said Leslie Lane.

“We are excited to have an executive of Leslie’s experience and talent join Dakine.  We see great potential for this company and are confident that his leadership can unleash that potential,” said Steve Brownlie, Principal at Altamont Capital.