I don’t think that by reading between the lines, I’m too offside in suggesting there is more to Mark Fletcher leaving Fletcher Sports Brands (FSB) than is indicated in the sugary sweet official comments here.
After all, the business he’s leaving was family run for 48 years until it was placed in receivership nearly a year ago and restructured after the Fletcher Leisure Group was purchased by Fame Jeans of Montreal.
Fletcher became president of FSB and the question now is what will become of his father Allan, who experienced health issues in May and will be off on sick leave until the end of the year?
If and when Allan Fletcher exits, it would strengthen the opinion that there’s more to this than Mark Fletcher simply pursuing other opportunities.
More likely is that there has been philosophical differences in the way the company was being operated. Under the Fletchers, the business handled several brands over the years and built its Sunice brand into a recognizable name in North America and Europe.
Mark has 21 years of full-time experience in the business and combined with Allan’s extensive background, the Fletchers could be a valuable resource as the restructured company finds its way in the golf industry. Certainly, the Fletcher name opened doors to buyers, licensees, suppliers, etc.
There were more questions than answers in the release announcing Mark Fletcher’s departure and it is a bombshell in the Canadian golf industry.
The rest will play out over the next few months as we find out what Allan Fletcher’s future is, whether the company will continue with sponsorships of various events within the golf industry, what opportunities that Mark is considering and how FSB will operate without him.
There’s more to come. Stay tuned.