Compass Diversified Holdings Announces Promotion of Ryan J. Faulkingham to Chief Financial Officer

  Compass Diversified Holdings Announces Promotion of Ryan J. Faulkingham to
                           Chief Financial Officer

James J. Bottiglieri to Retire as of November 30, 2013

PR Newswire

WESTPORT, Conn., July 11, 2013

WESTPORT, Conn., July 11, 2013 /PRNewswire/ -- Compass Diversified Holdings
(NYSE: CODI) ("CODI" or the "Company"), an owner of leading middle market
businesses, announced today that Ryan J. Faulkingham, CPA, Director of
Financial Reporting, has been promoted to Chief Financial Officer (CFO)
effective November 30, 2013. He will succeed James J. Bottiglieri, who will
retire as of the same date. Mr. Bottiglieri has served as CFO since CODI's
inception in 2005 and will remain a member of the Company's Board of
Directors.

Alan Offenberg, CODI's Chief Executive Officer, commented, "Jim has played an
integral role in the growth of our Company during his tenure as CFO and we are
grateful for his significant contributions. Under his leadership, CODI has
built and maintained a highly effective and transparent finance operation, a
core differentiator for our Company. Our strong financial infrastructure will
continue to serve CODI well in the years ahead and we are pleased Jim will
remain as CFO through November to ensure a smooth transition and maintain his
directorship on CODI's Board. We wish him all the best in his upcoming
retirement."

"At CODI, we pride ourselves on the depth of our accomplished team and I am
delighted Ryan Faulkingham has been promoted to CFO," added Mr. Offenberg.
"Ryan's promotion is well deserved based on the strong skillset and high
degree of integrity he has demonstrated since joining CODI five years ago. His
deep knowledge of our Company as well as our subsidiary businesses, combined
with his dedication and natural leadership, provide an ideal fit to succeed
Jim as we continue to leverage our balance sheet strength and execute our
growth strategy."

Mr. Faulkingham, 36, has approximately 15 years of experience in finance and
auditing, and is a Certified Public Accountant. In his new capacity as CFO, he
will report to Mr. Offenberg and oversee corporate financial reporting,
general accounting, financial strategy, budgeting and forecasting, risk
management, and more. Prior to joining CODI in 2008, Mr. Faulkingham served as
a Vice President at Merrill Lynch & Co., where he prepared regulatory filings,
performed technical accounting research and implemented policies to ensure
compliance with internal control standards. From 2003 to 2006, he was Manager,
Accounting and External Reporting at WebMD Health Corp., serving as a key
contributor to the company's 2005 initial public offering and lead finance
member for numerous mergers and acquisitions. Mr. Faulkingham began his career
in public accounting at Arthur Anderson and later at KPMG. He received a BS in
Accounting from Lehigh University and an MBA from Fordham University.

Mr. Faulkingham stated, "I am proud and honored to be appointed as CODI's CFO.
The Company's diverse mix of leading middle market businesses and strong
future prospects provide an exciting opportunity. I look forward to working
closely with Alan and the Board, and preserving the Company's financial
stewardship while investing in high-return organic growth initiatives and
pursuing accretive acquisitions for the benefit of our owners."

"It has been a pleasure serving as the Company's CFO over the past eight years
and I would like to thank the entire CODI family for providing a highly
rewarding experience, both personally and professionally," said Mr.
Bottiglieri. "The Company has built an impressive track record delivering
strong returns on behalf of its owners by maintaining a disciplined approach
to acquiring niche market leaders, and remains well positioned for future
success. Ryan is an excellent choice to lead CODI's finance department and I
look forward to supporting him throughout this transition period."

About Compass Diversified Holdings ("CODI")
CODI owns and manages a diverse family of established North American middle
market businesses. Each of its eight current subsidiaries is a leader in their
niche market.

CODI maintains controlling ownership interests in each of its subsidiaries in
order to maximize its ability to impact long term cash flow generation and
value. The Company provides both debt and equity capital for its subsidiaries,
contributing to their financial and operating flexibility. CODI utilizes the
cash flows generated by its subsidiaries to invest in the long-term growth of
the Company and to make cash distributions to its owners.

Our subsidiaries are engaged in the following lines of business:

  oThe manufacture of quick-turn, prototype and production rigid printed
    circuit boards (Advanced Circuits, www.advancedcircuits.com);
  oThe design and manufacture of promotionally priced upholstered furniture
    (American Furniture Manufacturing, www.americanfurn.net);
  oThe design and manufacture of medical therapeutic support surfaces and
    other wound treatment devices (Anodyne Medical Device, also doing business
    and known as Tridien Medical, www.tridien.com);
  oThe manufacture of engineered magnetic solutions for a wide range of
    specialty applications and end-markets (Arnold Magnetic Technologies,
    www.arnoldmagnetics.com);
  oThe design and manufacture of personal hydration products for outdoor,
    recreation and military use (CamelBak Products, www.camelbak.com);
  oThe design and marketing of wearable baby carriers, strollers and related
    products (ERGObaby, www.ergobaby.com);
  oThe design, manufacture and marketing of premium suspension products for
    mountain bikes and powered off-road vehicles (FOX, www.ridefox.com);
  oThe design and manufacture of premium home and gun safes (Liberty Safe,
    www.libertysafe.com).

To find out more about Compass Diversified Holdings, please visit
www.compassdiversifiedholdings.com.

This press release may contain certain forward-looking statements, including
statements with regard to the future performance of the Company. Words such as
"believes," "expects," "projects," and "future" or similar expressions, are
intended to identify forward-looking statements. These forward-looking
statements are subject to the inherent uncertainties in predicting future
results and conditions. Certain factors could cause actual results to differ
materially from those projected in these forward-looking statements, and some
of these factors are enumerated in the risk factor discussion in the Form 10-K
filed by CODI with the Securities and Exchange Commission for the year ended
December 31, 2012 and other filings with the Securities and Exchange
Commission. CODI undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

SOURCE Compass Diversified Holdings

Website: http://www.compassdiversifiedholdings.com
Contact: Compass Diversified Holdings, James J. Bottiglieri, Chief Financial
Officer, 203.221.1703, jim@compassequity.com; Investor Relations and Media
Contacts: The IGB Group, Leon Berman, 212.477.8438, lberman@igbir.com, Michael
Cimini, 212.477.8261, mcimini@igbir.com
 
Press spacebar to pause and continue. Press esc to stop.