Performance Hires New President

CHAPEL HILL, NC (BRAIN)—Performance Bicycle has appointed retail veteran Tom Tolworthy as president and chief operating officer. Tolworthy joins the nation’s largest specialty bike retailer, including more than 90 stores nationwide, its catalog and Web site, according to a press release. Tolworthy comes to Performance at a time when the retailer is growing its nationwide footprint and the Performance brand as a trusted destination for mainstream and avid cyclists alike. Over a three decade career in retail management, Tolworthy has led the growth and expansion of some of the best known retail brands in the country. The former CEO