Consumer >> CEO Interviews >> May 25, 2004

Richard Heckmann – K2 Inc (kto)

RICHARD J. HECKMANN presently serves as Chairman and Chief Executive Officer of the Board of Directors of K2 Inc., a manufacturer of sporting goods equipment listed on the New York Stock Exchange. K2 is a premier, branded consumer products company with a primary focus on sporting goods and other recreational products as well as certain niche industrial products. Mr. Heckmann founded USFilter on July 16, 1990, and embarked on a series of acquisitions aimed at building the world's largest water treatment company. Mr. Heckmann was named 1993 Entrepreneur of the Year in the turnaround category for the Inland Empire Region of Southern California and again in 1997 for the Master Entrepreneurial category. In 1999, USFilter was acquired by Vivendi SA of Paris, France for $8.2 billion in cash and debt assumption. Mr. Heckmann was director and owner of Smith Goggles (Sun Valley, Idaho). He is also a founding shareholder of Callaway Golf, Inc. Mr. Heckmann was also Chairman of the Listed Company Advisory Committee of the New York Stock Exchange and a member of the Exchange's Special Governance Committee. Mr. Heckmann was appointed Associate Administrator for Finance and Investment of the Small Business Administration in Washington, DC, from 1978 to 1979, where he was responsible for small business lending and venture capital investments made by the United States government. He also served as the White House liaison from the SBA and is a former director of the Advisory Board of the Kennedy Center in Washington, DC. Presently, the International Center for Entrepreneurial Management (The Heckmann Center) is under construction in Palm Desert, California. Mr. Heckmann along with the State of California donated the funds to build the school. The new graduate school is to become part of the University of California, Riverside system, located on a 20-acre campus donated by the City of Palm Desert. Profile
TWST: Would you begin with an update on K2 over the past year or so?

What should investors focus on?

Mr. Heckmann: Aside from the acquisition of Rawlings that happened about

a year ago, we