FENDER MUSICAL INSTRUMENTS CORPORATION APPOINTS NEW CHIEF EXECUTIVE OFFICER

Fender Musical Instruments Corporation has appointed Edward 'Bud' Cole as its new Chief Executive Officer, effective February 16, 2026. Cole, a seasoned global executive with a multi-decade career in consumer, lifestyle, luxury, and FMCG brands, will succeed Andy Mooney, who has led the company for a decade and will retire. Cole has been instrumental in Fender's growth, particularly in the Asia Pacific region, where he expanded the company's presence and developed strategic initiatives.