Jim Thompson

Performance Bicycle CEO Jim Thompson and Chief Marketing Officer Cindy Marshall have exited the company, according to sources close to the matter. Before joining Performance, Thompson was president and CEO of Golfsmith International, a multichannel retailer of golf and tennis products.

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