Cannondale CEO steps down

Matt Mannelly moves on after acquisition by Dorel

Matt leaves Cannondale after its acquisition by Dorel

Matt Mannelly, Cannondale’s CEO and President is leaving the company, and will be replaced by Jeff Frehner, President and CEO of Dorel’s Cannondale Sports Group. Cannondale were bought by Dorel in February 2008.

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Matt commented “I’m looking forward to my next opportunity; one I earnestly hope has people as passionate and a brand as strong as Cannondale.”