PADI Worldwide Corp Announces New Leadership

PADI Worldwide Corp announced the appointment of Brian P. Cronin to the role of CEO and Chairman of the Board of the corporation and subsidiary corporations today. The appointment came after the death of John J. Cronin, on Tuesday.

Cronin stated, "My father built an incredible legacy that resulted in over 12 million people receiving diving certifications. PADI’s strength lies in its over 4,600 Retail and Resort and 100,000 professional members across the globe. While his loss is of great sadness to both my family, myself, the worldwide family of PADI employees and all the PADI membership, the legacy he left will continue to grow and prosper."

Cronin was formerly Senior Vice President, Business Development and International Business of the corporation. He joined PADI in 1995, after becoming a Board member in 1991. Prior to PADI, he worked with Northern Wire and Cable for 14 years where he rose to the position of Vice President of Marketing. During his tenure at Northern, the company’s revenues grew from $29 million to $68 million.

PADI Worldwide Corp also announced the appointment of Drew Richardson to the title of President, PADI Worldwide Corporation, Emergency First Response Corporation (EFR) and Diving Sciences and Technology (DSAT). Richardson has been with PADI for 18 years. Prior to the appointment he served as Senior Vice President, Training, Education, and Membership and President of DSAT. Gary Prenovost, remains as Chief Financial Officer and member of the Senior Executive Team. Prenovost has been with the company for 24 years. Ralph Erickson, who co-founded the company with John Cronin in 1966, continues as an Officer and Director of the company.

"Our three corporate primary objectives remain unchanged. Those objectives, responsible diver acquisition and retention, member acquisition and retention, and financial responsibility will be reached based on the strength of leadership this management team represents," Cronin said.

For questions contact:

Bob Coleman Director of Marketing PADI Americas (949) 858-7234, (800) 729-7234 x 2538 [email protected]

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