Ashworth announced that CEO and President Vincent Moretti plans to retire on June 21, 2023. The board intends to elect Paul Nunes to succeed Moretti. Nunes has been with Ashworth since 1994, having held several roles including Controller and Vice President of Finance.
“I want to extend my sincere thanks to Vincent for his dedication and contributions to Ashworth over the last 35 years with the last 16 years as President and Chief Executive Officer,” said David Marotta, Ashworth’s presiding Chairman of the Board.
“We are pleased to announce the appointment of Paul Nunes as President and Chief Executive Office upon Vincent’s retirement. Paul has been with Ashworth for over 28 years which will provide leadership continuity. He offers extensive knowledge of Ashworth, its products, and the markets we serve,” said Marotta. “Paul’s leadership and exceptional rapport with employees at all levels of the business will help maximize Ashworth’s potential and accelerate the company’s future profitable growth.”
“I am honored to be appointed the upcoming President and Chief Executive Officer and sincerely thank the board for their trust and confidence,” said Nunes. “I would also like to thank Vincent for his insight and leadership guidance that has left Ashworth with a solid foundation to ignite continued innovation and growth. I will continue to work closely with Vincent over the next few months to ensure a smooth transition.”
Ashworth International’s portfolio consists of Ashworth Bros, Inc., Ashworth Belts B.V., Ashworth Europe, Ltd., Jonge Poerink Conveyors, and Ashworth Factory Service Corp.