Patrick Cunnane

Last updated
Patrick Cunnane
Born (1958-06-26) June 26, 1958 (age 66)
Philadelphia, Pennsylvania, United States
Alma mater Temple University BA History
OccupationBusiness Executive
Employer Yuba Bicycles
Known forAdvanced Sports Enterprises CEO
Spouse Madeleine Dean
Children3
Parents

Patrick "PJ" Cunnane (born June 26, 1958) [1] is a bicycle business executive from Philadelphia, Pennsylvania. Cunnane was the CEO of Advanced Sports International which owned five bicycle brands under the name Advanced Sports International formerly Advanced Sports Enterprises (ASE). He oversaw the distribution of 450 different bicycle models and the acquisition and operation of the largest bicycle retail chain in the United States. He left ASE in 2019 and is now an executive with Yuba Bicycles.

Contents

Early life

Cunnane was born in Philadelphia in 1958 to parents Bill and Joan Cunnane. He began working at a bicycle shop when he was 12 years old. [2] He attended Montgomery County Community College and then earned a Bachelor of Arts degree in history from Temple University in 1990. [3]

Career

In 2008 Cunnane, was the president of Advanced Sports, Incorporated. The company managed Fuji Bikes, SE Bikes and BMX Bikes. [4] In 2009 he oversaw the purchase of Oval Concepts which was a parts maker with patented technology. [5] In 2010 Bicycle Retailer and Industry News chose him as its “Executive of the Year”. [6]

In 2015 he added Phat Cycles to the company. [7] In 2016 Cunnane oversaw the acquisition of Performance Bicycle: which was the largest bicycle retail company in America [4] [8] The company was established in 1998 and went on to distribute 450 different bicycles under the brands: Fuji (bicycles), SE Bikes, Kestrel, Breezer and Phat Cycles. [9]

Cunnane went on to manage more bicycle brands as the CEO of Advanced Sports Enterprises which owned the distributor Advanced Sports International until the company was in bankruptcy in 2018. [10] The business faced pressure from Trump administration import tariffs. [11] Eventually there was a cascade of store and plant closures related to the ASE bankruptcy. The company was sold to a Chinese firm: Active Cycles, in 2018. Cunnane stayed on through 2019 to assist with the new ownership. [12]

In 2020 Yuba bicycles named Cunnane president of Yuba Bicycles North American operations and COO of its global business. [10] In 2019 Cunnane was a consultant for the company. [13] He now serves on the board of directors for the organization PeopleForBikes. [11]

Personal life

Cunnane's is married to Congresswoman Madeleine Dean. [14] Together they have three sons. [15]

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References

  1. ↑ Patrick J Cunnane in the U.S., Public Records Index, 1950-1993, Volume 1 (U.S., Public Records Index, 1950-1993, Volume 1 ed.). Lehi, UT: Ancestry.com Operations, Inc. 2010.
  2. ↑ Miles, Gary (23 May 2020). "Joan Cunnane, 88, was a political activist who championed human rights". The Philadelphia Inquirer. Retrieved 11 December 2021.
  3. ↑ "Distinguished alumni slated for induction into MCCC's Hall of Fame". MediaNews Group, Inc. Reading Eagle. 20 October 2015. Retrieved 11 December 2021.
  4. 1 2 Allen, Peter Van (28 February 2008). "Pedaling High End Bikes". Philadelphia Business Journal. Retrieved 11 December 2021.
  5. ↑ "Advanced Sports Purchases Oval Concepts". Bicycle Retailer. 9 December 2009. Retrieved 12 December 2021.
  6. ↑ LoBasso, Randy. "Gala Spotlight: Pat Cunnane". Bicycle Coalition. Bicycle Coalition. Retrieved 27 November 2022.
  7. ↑ "ASI buys Phat Cycles and Sterling bike brands". Bicycle Retailer. Retrieved 2016-08-25.
  8. ↑ Sutton, Mark (17 August 2016). "Advanced Sports International buys Performance Bicycle portfolio". Cycling Industry News. Retrieved 12 December 2021.
  9. ↑ George, John (10 September 2016). "Northeast Philadelphia Bike Supplier Shifts into High Gear with $7M Stock Sale". NBC Philadelphia. Retrieved 11 December 2021.
  10. 1 2 "Yuba Bicycles names Pat Cunnane as president and COO". Bicycle Retailer. 16 December 2020. Retrieved 11 December 2021.
  11. 1 2 "PeopleForBikes Announces Speakers and Agenda for Virtual Bicycle Leadership Conference and In-Person Electric Bicycle Summit". Bicycle Retailer. 5 October 2021. Retrieved 11 December 2021.
  12. ↑ Ohnesorge, Lauren (19 November 2018). "2 years after acquisition, Chapel Hill bike retailer files for bankruptcy, plans store closures". Biz Journals. Triangle Business Journal. Retrieved 11 December 2021.
  13. ↑ Sheldon, Liberty (17 December 2020). "Pat Cunnane joins Yuba as new President and COO". Cycling Industry News. Retrieved 8 February 2022.
  14. ↑ DiStefano, Joseph N. (5 March 2019). "US Rep Dean's husband leaves Advanced Sports". The Philadelphia Inquirer. Retrieved 11 December 2021.
  15. ↑ Gillette, Sam. "'You Think, "How Is This Possible?"': Lawmaker and Her Son Open Up About His Harrowing Addiction and Recovery". People. Meridith Corporation. Retrieved 11 December 2021.
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