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Performance Sports' Ex-Chairman Said to Call for CEO Ouster

  • Roustan sent a letter to the board asking to replace CEO
  • Move could be a precursor to proxy battle or takeover bid
Updated on

W. Graeme Roustan, the ex-chairman of Performance Sports Group Ltd., has sent a letter to the board of his former company telling them to replace its chief executive officer Kevin Davis, people familiar with the matter said.

Roustan, who left the company’s board in 2012, is arguing the company’s current retail strategy is misguided, according to the people, who asked not to be identified as the matter is private.