Performance Sports Group (PSG), which owns Bauer, Mission, Easton and other brands, has appointed Harlan Kent as its new chief executive and as a member of its board of directors, both effective on June 20. Amir Rosenthal, president of PSG, had acted as interim CEO at the sports equipment manufacturer after Kevin Davis stepped down in March amid a dismal business performance, a stock price collapse, class action lawsuits and a proxy battle launched by a former chairman. Kent previously spent 13 years at Yankee Candle, most recently as president and CEO, where he more than doubled the company's revenues to $840 million and successfully expanded its go-to-market strategy. In announcing the new CEO, PSG further downgraded its guidance, predicting that it will report sales declines in local currencies of about 8 percent for the fourth quarter and 5 percent for the financial year ended May 31.

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