Local experts provide the latest information on Healthcare issues that matter to you
|
Fresh Ideas with Leigh Ann: 
Recipes & Quick Tips |
| Recommended 
Nautilus names chairman as CEO
07:50 AM PDT on Thursday, March 27, 2008
VANCOUVER, Wash. -- Fitness-equipment maker Nautilus on Wednesday named Chairman Edward Bramson as chief executive.
He replaces President Robert Falcone, named interim chief executive in August 2007 after Gregg Hammann left.
The financially troubled company plans to release the results of a review of strategic alternatives after the end of the second quarter.
In February, Nautilus said it swung to a fourth-quarter loss of $47.7 million, or $1.51 per share, versus a profit of $12.9 million, or 41 cents per share, amid weak demand for home exercise gym equipment and a weak economic environment.
Nautilus shares rose 3 cents to $3.53 on Wednesday.
More Headlines...
Most Viewed Stories
Below is a list of the most popular stories read by our subscribers this week.
Sex offender caught in act raping Salem woman, police say
Tualatin teens accused in theft ring
Man jailed for calling 9-1-1 over McDonald's burger order
Popular Stories
You must be logged in to contribute. Log in | Register Now!
You are logged in as screenname | Log Out
You are logged in, but do not have a "screen" name. Create a Screen Name