Canyon: The founder is the boss again | Ride MTB

Canyon: The founder is the boss again

After three and a half years at the helm of the company, Nicolas De Ros Wallace is stepping down as CEO by mutual agreement - founder Roman Arnold is now back at the helm of the mail-order king.

With Roman Arnold's return, Nicolas de Ros Wallace will step down from his position as CEO by mutual agreement. According to Canyon's press release, Nicolas de Ros Wallace has led the mail order company through a phase of growth and change over the past three and a half years. Under his leadership, turnover has almost doubled to 800 million euros. De Ros Wallace has strengthened Canyon's brand position in the global bicycle market, expanded the company's organizational capabilities and cemented its reputation for innovation, performance and direct-to-consumer excellence.

Founder back in the saddle

Founder and former Chairman Roman Arnold will return to the company in an operational role as Executive Chairman from 1 September. In this position, he will focus on the company's long-term vision and future strategy. Arnold will bridge the gap between Canyon's tradition of innovation and excellence and the company's continued growth. Together with the executive management team, the company founder will ensure that Canyon remains closely linked to its founding values while consistently driving forward its strategic initiatives.

Sales engine sputters

The Belgian investment company GBL (Groupe Bruxelles Lambert), majority owner of Canyon with a 49.9% stake, announced sobering business figures for the Koblenz-based bike manufacturer in its latest half-year report. According to GBL's report, Canyon recorded a turnover of 398 million euros in the first six months of 2025, which corresponds to a decline of around 5 percent compared to the same period last year.

canyon.com


Note: This content has been automatically translated from German. Please report any incorrect translations.