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2009-08-25

CONTACT: REI Public Affairs (253) 395-5958

REI Reappoints Jose Ignacio Lozano and Brenda Davis to Board of Directors

Recreational Equipment, Inc. (REI), a national retail cooperative providing quality outdoor gear and clothing, today announced the reappointment of Jose Ignacio Lozano and Brenda Davis to one-year terms on the company’s board of directors.

L ozano joined REI’s board in 2008 and served on the Audit and Finance Committee last year.  He currently is the vice chairman and founding executive vice president of impreMedia, LLC, the leading publisher of Spanish language print and online news media in the country. He is also the principal of Lozano Enterprises, a private investment firm that lends business expertise to start-up companies.   Additionally, he serves on the board of trustees for Children’s Hospital Los Angeles and The Skadden Fellowship Foundation. An REI member since 1994, Lozano resides in Manhattan Beach, Calif. and is an avid outdoor enthusiast who enjoys backpacking, skiing, mountain biking, surfing and sailing.

Davis was first appointed to REI’s board in 2007, and has served on the co-op’s Audit and Finance Committee for two years.  Davis is currently the chair of the governing council for The Wilderness Society, which works to save, protect and restore the nation's wilderness. She also serves on the board of the World Wildlife Fund. With extensive experience in governmental social and environmental policy on the state and federal levels, Davis retired from Johnson & Johnson in 2007 where she was an officer responsible for global compliance and vice president of technical resources. An REI member since 2006, she resides in Bozeman, Mont. and is a lifelong conservationist and outdoor enthusiast.

REI’s board of directors represents the co-op’s membership and provides oversight for the affairs and performance of the company. The board is comprised of 13 co-op members, 10 of whom are elected by the membership. REI’s president and CEO Sally Jewell is a member of the board by virtue of the position, and two members serve one-year appointed terms. Four committees operate within the board, including the Executive Committee, Nominating and Governance Committee, Compensation Committee and Audit and Finance Committee.

About REI

REI is a national outdoor retail co-op dedicated to inspiring, educating and outfitting its members and the community for a lifetime of outdoor adventure and stewardship. Founded in 1938 by a group of Pacific Northwest mountaineers seeking quality equipment, REI operates retail stores nationwide, two online stores – http://www.rei.com and http://www.REI-OUTLET.com – and an adventure travel company, REI Adventures. REI offers products from all of the top brands for camping, climbing, cycling, fitness, hiking, paddling, snow sports and travel, including its own line of award-winning outdoor gear and apparel. While anyone may join or shop at REI, members pay a one-time $20 fee and receive a share in the company’s profits through an annual member refund based on their purchases. As an active supporter of the communities in which it does business, REI is committed to promoting environmental stewardship and increasing access to outdoor recreation through education, volunteerism, gear donations and financial contributions.

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