Moots Cycles announced Thursday that longtime owner, Chris Miller, has sold the titanium bicycle and component manufacturer to Brent Whittington, a former executive officer for a Fortune 500 telecommunications company.
“It’s incredible for me to have this unique opportunity to own one of the most respected cycling brands in the industry,” said Whittington. “I’m excited to help the Moots team continue to develop their innovative designs as the brand prepares to celebrate its 35th anniversary in 2016.”
Whittington, a passionate mountain biker and road cyclist, purchased a 100-percent ownership stake in the company, along with the Moots factory building. Moots’ headquarters will stay in Steamboat Springs, and all current employees, including president Butch Boucher, will remain in place to ensure continuity.
“I’m very pleased to pass the Moots torch to an individual who possesses both a true love of cycling and a great depth of business experience,” said Miller, who purchased Moots in 1995. “Brent embodies everything we were looking for in the new Moots owner. The energy, skill set and business experiences he’ll bring to Moots will continue to keep Moots a strong industry brand and certainly signifies a bright future for the company.”
Whittington, 44, served as COO at Windstream Holdings, Inc. from 2009 to 2014. He oversaw the company’s business sales and service, network operations, engineering, information technology, and enterprise marketing. Prior to that role, he served as executive VP and CFO of Windstream from 2005 to 2009. He has been an independent director at RigNet, Inc., a global provider of digital technology solutions to the oil and gas industry, since 2010. He serves on the board of trustees of The Nature Conservancy of Arkansas.