For Immediate Release
GARED Holdings, LLC announced that its board of directors has appointed Scott Molander as President of Gared Holdings, LLC (DBA GARED and Performance Sports Systems), effective immediately. Molander will succeed Kevin Needler, the company’s previous CEO, who has stepped down to pursue a career in the fitness industry. Molander most recently spent two years as Executive Vice President at BSN Sports, where he focused on the integration of Lids Team Sports after its acquisition by BSN.
“I am very excited to be a part of the Gared Holdings team. I look forward to working with the many dedicated team members to build upon the success of the company,” Molander said.
Molander co-founded Hat World, Inc. (DBA Lids Sports Group) in 1995, which grew to a $900 million multi-faceted sports apparel business by his departure in 2016. He is a seasoned veteran in P&L management, strategic planning, OmniChannel/ecommerce, IT and supply chain systems, and real estate planning. Molander was inducted into the Central Indiana Business Hall of Fame, is a two-time Ernst & Young Indiana Entrepreneur of the Year, and received The Indianapolis Business Journal’s Enterprise Award. He is known for promoting a company culture that encourages creativity and innovation, promotes teamwork, and gives all employees a voice, establishing a sense of participation and ownership in results.
Molander received his BS in Business Administration from Dickinson State University in 1988 and his MBA from Indiana State University in 2016. He enjoys teaching, farming, and spending time with his wife, Carolyn, and their two daughters, Maggie and Sarah.
Gared Holdings, LLC is a premier sports equipment manufacturer located in Noblesville, Indiana, and is comprised of two industry-leading brands – GARED and Performance Sports Systems. GARED is a global advocate for rejuvenating play by providing equipment solutions to renovate green spaces and facilities and sells its institutional and retail products through a dealer network across the United States and all over the world. Performance Sports Systems (PSS) specializes in the design and engineering of custom athletic equipment for the new construction of schools, recreation centers, and other indoor sports facilities through an exclusive dealer network in the United States and Canada.