UPDATE: Michael Lock has announced that he has taken on the role of Chief Marketing Officer (CMO) at Think, an electric car manufacturer.
Asphalt & Rubber broke the news last week that Michael Lock was leaving Ducati North America before the company even knew it, and now the news that Michael Lock is leaving Ducati North America is finally official. Leaving the company in two weeks at the end of July, Lock will be moving on to pursue other interests.
Ducati Holdings Vice President of Sales Cristiano Silei will takeover at Ducati N.A. in the interim, as the company looks for a new CEO. With such short-notice on Lock’s departure, we’re left pondering why the successful CEO is leaving the company, more as we find it. Press release after the jump.
MANAGEMENT CHANGE AT DUCATI NORTH AMERICA
Cupertino, Calif. (16 July 2010) – Ducati Motor Holding announces today that Michael Lock, CEO of Ducati North America, is leaving the company at the end of July.
Michael joined Ducati in 2002 in the UK, and in early 2003 moved to the USA to head up the management team at Ducati North America’s headquarters in Cupertino, CA. Over the next seven years Lock’s team made many changes to Ducati’s organization, distribution, marketing and service operations.
Lock’s hard work culminated in Ducati achieving its highest ever US market share in 2009, increasing Canadian sales four-fold between 2003-2009, and taking over responsibility for the brand in Mexico earlier this year. As well as setting sales records, Lock transformed DNA’s communication strategies and delivered numerous highlights including the Monster Challenges, high profile retail promotions with brands such as Oakley and Puma, and the successful conquering of Pikes Peak with the Multistrada 1200 just this past June.
“I have experienced and participated in an amazing journey at Ducati. In a few short years we have been able to transform our brand into the most feared and admired European motorcycle by competitors and enthusiasts alike. It has been a privilege to be involved and I look forward to watching the brand soar to new heights over the coming years.” Said Lock from his office Cupertino, CA.
“Michael has been the driving force behind the great success Ducati has enjoyed in North America this past seven years. His ambition, passion and his unwavering determination has established our beloved brand as the object of desire for any motorcyclist. He has nurtured the brand, developed the dealer network and put together an outstanding team in the US, Canada and Mexico alike.” Said Cristiano Silei; Vice President Sales at Ducati Motor Holding in Bologna, Italy.
While Lock moves on to pursue other opportunities, Ducati North America is looking to finish a challenging year strongly. The much-admired Multistrada 1200 has been winning awards, while the recent arrival of the Monster 796 to dealer showrooms has spurred sales even further.
Cristiano Silei will assume the position of CEO of DNA for the interim while retaining his current position as Vice President of Sales at Ducati Motor Holding.
“North America is the most important international market for Ducati and the one I personally know the best. I am excited to be supporting DNA’s Senior Managers to set and implement policy for the new season. Our goals are to support our dealer network and keep improving our market share thanks to an ever expanding product line-up, innovative branding and sound commercial policies”.
Source: Ducati North America