WESTPORT, CT (BRAIN)—Joe Massoud, the CEO of Compass Diversified Holdings—parent company of Fox Racing Shox—is taking a leave of absence to focus his attention on an informal regulatory inquiry that Massoud received on matters unrelated to the company.
Alan Offenberg will assume Massoud's CEO role on an interim basis.
"I am honored to be able to serve CODI's shareholders in this capacity," Offenberg said. "Joe will continue to be available to us during his leave and we are all very excited about the many opportunities the company has to build value for our owners."