| CEO Name | Mike Ballardie |
| Nationality | United Kingdom |
| Net Worth Estimation | $5 million |
Mike Ballardie's estimated net worth of around $5 million is primarily attributed to his executive compensation as CEO of Prince Sports, along with his previous leadership roles at Wilson and Head, and his equity holdings and consultancy work within the sports equipment industry. His career spans over three decades in management and international sales, significantly contributing to his financial profile.
Mike Ballardie's estimated net worth of $5,000,000 represents just 0.06% of the maximum CEO net worth ($8,000,000,000) in the sporting business category. His net worth is 5 times higher than the minimum estimated CEO net worth of $1,000,000.
Business Category: Sporting
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 8000000000 USD
Mike Ballardie Performance in Prince Sports
Mike Ballardie, CEO of Prince Sports, demonstrates visionary leadership by prioritizing innovation and strategic partnerships. His data-driven decision making has streamlined product development and expanded global market reach. Under his guidance, the company has significantly improved financial performance and brand recognition.
Latest News
Prince Sports files for Chapter 11 bankruptcy under CEO Gordon Boggis to restructure and secure its future amid heavy debts. The company, known for its tennis products, is owned by private equity firm Nautic Partners.
Prince is also expanding internationally with new partnerships like Pro Spin in Brazil, while relocating its headquarters to Atlanta under CEO Mike Ballardie to boost growth and capitalize on the local tennis community.
Source: http://www.cbsnews.com/news/prince-sports-declares-bankruptcy/