January 19, 2010

Cabela's Announces Executive Promotions

SIDNEY, Neb. -- Cabela's Incorporated (NYSE: CAB) announced a series of executive promotions. The six promoted executives are Patrick A. Snyder, Brian J. Linneman, Ralph W. Castner, Joseph M. Friebe, Charles Baldwin and Michael Copeland.

The promoted executives now hold these titles and responsibilities:

  • Patrick A. Snyder, Executive Vice President and Chief Marketing Officer. Snyder previously served as Senior Vice President of Merchandising and Marketing.
  • Brian J. Linneman, Executive Vice President and Chief Merchandising Officer. Previously Senior Vice President of Global Supply Chain and Operations, Linneman will be responsible for merchandising, planning, inventory, visual merchandising and strategic planning/process improvement.
  • Ralph W. Castner, Executive Vice President and Chief Financial Officer of Cabela's and Chairman of the Board of World's Foremost Bank. Previously Vice President and Chief Financial Officer, and Chairman of the Board of World's Foremost Bank, the Company's wholly-owned bank subsidiary, Castner will continue his current responsibilities for finance, accounting, investor relations, tax, internal audit, legal, and risk management. Castner will also take on responsibilities for real estate, construction and facilities.
  • Joseph M. Friebe, Executive Vice President of Cabela's and President and Chief Executive Officer of World's Foremost Bank. Previously Vice President, and President and Chief Executive Officer of World's Foremost Bank, Friebe will continue to lead World's Foremost Bank.
  • Charles Baldwin, Executive Vice President and Chief Administrative Officer. Previously Vice President and Chief Human Resources Officer, Baldwin will continue his current responsibilities for human resources and take on responsibilities for information systems, call centers and the Company's Outdoor Adventures division.
  • Michael Copeland, Executive Vice President and Chief Operations Officer. Previously Vice President of Retail Operations, Copeland will continue his responsibilities for retail operations in the United States, as well as asset protection, and will take on responsibilities for operations in Canada.
  • The Company also announced that Angelo Sakis, Vice President of International Business Development and Operation, will now report directly to Millner.
  • Finally, the Company announced plans to hire an Executive Vice President and Chief Supply Chain Officer. In the interim, Linneman will be responsible for distribution/fulfillment and global sourcing.
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